Star-studded buyers group funds project to capture emissions from burning trash

There are more than 500 trash-burning plants in Europe that incinerate “residual waste” including non-recyclable plastic and soiled paper/cardboard. The energy they generate heats thousands of homes.

The biggest facility of its kind in Norway (run by Hafslund Oslo Celsio) is being retrofitted to capture those emissions, thanks in part to a $31.6 million contract with the carbon removal buyers at Frontier — companies including Autodesk H&M Group JPMorganChase and Salesforce.

Here’s why this is significant:

➡️ The installation could capture and store 350,000 metric tons of emissions a year.
➡️ Retrofitting all the ones like it (in Europe alone) could capture an estimated 400 million metric tons annually by 2050.

Here’s my analysis with more details: (also below): https://lnkd.in/e2BYNhKV