The Coalition’s platform is specifically designed and uniquely suited to elevate awareness among policy makers, public, and end markets of the biochar industry’s capacity to achieve U.S. economic development, climate resilience, and energy independence goals. Long overlooked and lacking a unified industry voice and lobbying presence, the biochar industry currently produces a mere 1% of its projected production capacity in the U.S.
“Achieving transition at speed and scale in a socially and economically sustainable way is our greatest challenge.” - IPCC
Biochar is uniquely positioned, as “one of only a few permanent carbon removal technologies, and the one at highest technology readiness level” to meet the “massive incoming demand for carbon removal.” This combined with unparalleled climate, social, environmental, and financial co-benefits, makes biochar the U.S.’s most valuable carbon removal tool. In the same turn, it is also the most underfunded, undervalued, underutilized and unseen. The Coalition is on a mission to change that.
Current CDR capacity must grow to the size of the oil and industry by 2050. There is no historical precedent for the speed and scale at which carbon removal and climate resilience industries must be built.
Biochar can maximize the carbon and social impact of every dollar spent, action taken, and product made creating a tremendous opportunity for American farmers, foresters, and rural communities to prosper.
When applied to soil, biochar supports regenerative agriculture, improves soil health, and pays climate dividends long after the initial biochar application. Soils made healthier by biochar could generate $50 billion in social and environmental impacts annually and $37 million in on-farm economic value. “Good soil is gold for businesses” and will require $700 billion capital expenditure over next 30 years generating $10 Trillion in net financial return. - Forbes
Moreover, biochar has immense potential to stimulate innovation and growth of the bioeconomy. In addition to its CDR and agronomic benefits, biochar reduces the carbon intensity and enhances the performance of hard to abate products like construction materials, cement, and plastics, among others. Leveraging the multiple benefits of biochar to achieve climate and economic development goals should be on every policy maker’s agenda.
Integrating carbon negative bioenergy production with biochar CDR creates a pathway to removing and avoiding billions of tons of CO2, and to creating billions of dollars in economic opportunity for rural communities. At a mere 3% of U.S. energy today, bioenergy will provide 28% of U.S. renewable energy and 40% of U.S. transportation fuels by 2050, presenting an opportunity for vibrant growth of biochar systems.