As we scale up our carbon removal and fossil-free ironmaking business, we are excited about the incredible benefits the Charm process can bring to communities and ecosystems.
Charm only uses waste biomass that would otherwise rot or burn and emit CO₂ back into the atmosphere. When Charm purchases waste corn stover from farmers, it directly increases their profits because there is a limited market for these residues. This supports farming communities while also putting CO₂ underground permanently.
At scale, Charm will operate mobile units that follow the harvest, creating additional jobs in farming and rural communities for pyrolysis operators and maintenance technicians.
Downed trees and other excess woody biomass are a major contributor to wildfire intensity, and there are limited commercially viable fuel reduction options in much of our nation’s forests.
Charm will work with local, state and federal officials, conservation organizations, power companies, and communities to help reduce forest fuel load by processing downed trees and other forest slash, which will help reduce the intensity and scale of wildfires, permanently store carbon, and have a big impact on air quality.
Wildfires have a disproportionate impact on disadvantaged rural communities, and improving wildfire management has the potential to prevent loss of property and loss of life in those areas.
Charm’s solution will improve air quality in communities that suffer disproportionately from the harms of pollution.
By providing a mobile solution for excess biomass, Charm can process agricultural residues that would otherwise be burned, improving air quality for those communities and avoiding emissions. By reducing forest fuel load and preventing wildfires, Charm’s solution will have a significant impact on air quality by helping to reduce the excess biomass that is one of the key contributors to wildfires.
Across the US, there are hundreds of thousands of abandoned oil and gas wells that leak toxic chemicals into the air, contaminate groundwater, and emit methane, harming the climate. Charm can address leaking oil wells and other orphaned wells by using them for bio-oil injection and then permanently capping them.
In line with our mission, Charm seeks to work with willing environmental justice communities to use bio-oil injections to plug their wells and improve community health while permanently storing carbon underground.
Charm’s carbon removal technology is mobile and has a small resource footprint, meaning our process doesn’t require significant quantities of energy or water. This means that resources that communities depend on are not being depleted even when we begin operating at scale.
We're eager to scale up mobile pyrolysis to put oil back underground, decarbonize steel production, and drive all the benefits above for the communities we operate in.