Peter Reinhardt
Peter Reinhardt co-founded Charm Industrial while also being CEO of Segment, a customer data platform. He has been involved with a variety of firms in the tech startup space. Peter holds degrees in Maths and Physics from the University of Washington as well as Aerospace Engineering from MIT
What is the problem?
Rising temperatures due to the amount of greenhouse gas emissions caused by human activity. 51 billion is the amount of greenhouses gas, in tons, emitted globally each year, which we have to get down to net-zero by 2050. Around 7-8 of those billions will need to come from carbon capture, according to the IEA. That means that we need to move from carbon capture of thousands of tons, where we are today, to capturing several billions of tons of CO2 by 2050. Around half of the reduction capacity needed for 2050 is expected to come from new technologies that are currently at the demonstration or prototype phase. It is therefore critical to invest in new carbon capture technologies.