CDR.fyi and OPIS survey shows narrowing price gap for durable carbon removal

A new survey by CDR.fyi and OPIS reveals the average price gap between buyers and suppliers of durable carbon removal (CDR) decreased from $107/tonne to $98/tonne. This gap is projected to narrow further to $48/tonne by 2030, indicating market learning and development. The survey, covering biochar, BECCS, DACCS, and other methods, found that buyers and suppliers agree on the importance of 100+ year permanence and transparency. However, budget constraints, delivery risk, and lack of policy incentives remain key market blockers.