Michelle Vanny Lim
Financial Modelling at RSM | LBS Women Merit Scholarship Award Recipient | CLOSER Podcast
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Carbon Dioxide Removal (CDR) explained in under 2 minutes(Clip from CLOSER podcast with banker turned climate tech entrepreneur Lydia Chen)#ClimateChange #CDR #CarbonRemoval #CarbonFootprint #CarbonOffset #CarbonCredits #ClimateTech #Climate #Podcast
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What is 1 trend or innovation in the industry that excites you? Something that I really am passionate about is Carbon Removal Technology. So Carbon Removal, Long story short, is different from Carbon Offset. Everybody should understand that Carbon Removal means you're actually. Removing CO2 from the atmosphere 2019. We have 59 gigatons of greenhouse gas in the atmosphere. And then those 59 gigatons doesn't mean once we have carbon removal it will clear all of them. It cannot. We need to do everything else, like electrify the grid and then fix how we eat things, how how we produce things, decarbonize the industry, everything else that will. After like several years, after all of those smart people doing their work, you can remove 49, you can drop the level to 49 gigahertz, but then there's still 10 gigatons of CO2 or greenhouse gas that would be in the atmosphere that you need physical removal. Because one CO2, once it's in atmosphere, it's going to stay there for hundreds of years. And that's why we couldn't just rely on the natural weathering process, because some people would say that, oh, we have this Earth. And the sun and everything, they're doing their own thing, right? And trees, Yes, that's true. Your audience needs to factor themselves. But then I think, I think it's 0.3 gigatons of CO2 every year. That's a slow carbon cycle by nature, but we need to remove 10 for a lot of young people. We know, We sort of know in the back of our head and how urgent it is, but we don't know the scale as to how much work we need to put in. So thank you so much for for sharing. Thank you so much for having me today.
Michelle Vanny Lim
Financial Modelling at RSM | LBS Women Merit Scholarship Award Recipient | CLOSER Podcast
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Link to Spotify podcast: https://open.spotify.com/show/6p0lyIqgeqwmXn2DrZUglt?si=8e126d488b374657
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