Episode 5 - Benjamin Schulz

The CDR Procurement Guide

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In this episode of CDR Procurement Guide, Eli spoke with Benjamin Schulz, formerly Founding Partner of Carbon Removal Partners and now Founder of X-SAF Technology.

Carbon Removal Partners is a venture that partners with the most ambitious entrepreneurs in the formative stage of their companies to support them and transform them into global winners - by investing into technologies to withdraw carbon from the atmosphere in a permanent manner, as well as into companies along the CarbonRemoval value chain.

Benjamin Schulz shares responsibilities on investing and portfolio success, and leading the firms activities in the US. He studied Mathematics at Imperial College, London. Prior to Carbon Removal Partners, Benjamin was involved in founding and building tech companies. He's been an active climate advocate through his work at CleanTechnica (worlds #1 cleantech site) and creation of the The Solar Panel Art Series (an internationally recognised art project).

Some of the highlights from this episode:

• The importance of developing specific communication and education strategies for different audiences using simple, easily to understand concepts - thinking about carbon removal as necessary waste management, where you have to remove what you emit.
• The necessity for novice buyers to be able to learn from pioneer buyers - industry and market peers need to help each other.
• The importance of establishing a price for carbon to drive the right organisation behaviours and fund transition activity and compensation of residual/historic emissions.
• Funding the first feature length CDR documentary through the Legion44 initiative to bring CDR to the wider public - launching at Venice Film Festival.
• The importance of public long term multi-year CDR procurement commitments for both sides of the market.
• The policy environment that is emerging is creating greater certainty for organisations with net zero claims about the action they will need to take.
• Call To Action: Lobby for a price to be put on carbon by society and within organisations to fund carbon waste management.

-Relevant Links-

• Benjamin Schulz’s LinkedIn
• Carbon Removal Partners website
• WEF Reports
• SwissRe industry report
• SwissRe Institute
• Legion44 launch and programme