Video: Solving for Carbon Removals Complexity: A Hands-On Product Workshop | Duration: 2646s | Summary: Solving for Carbon Removals Complexity: A Hands-On Product Workshop | Chapters: Introduction and Overview (0s), Market Challenges Explained (205.6967466502809s), Navigating CDR Complexity (492.0167266502809s), Evaluating Carbon Removal (1279.791726650281s), Building Carbon Removal Portfolios (1551.141726650281s), Diversifying Carbon Removal Strategies (2042.096726650281s), Operational Constraints Analysis (2121.9417266502805s), Net Zero Alignment (2210.5369266502807s), Concluding Q&A Session (2321.266726650281s)
Transcript for "Solving for Carbon Removals Complexity: A Hands-On Product Workshop": I'm gonna kick us off today, but today will be a very hands on session. So please do jump in, send some questions, or try and answer them all in the next forty minutes or so. But let's start with some intros. Paddy, why don't you tell everyone, who you are and what you do? Thanks, Andy. So I'm Paddy. I'm head of science here at CUR8. I'm responsible for CUR8 market thesis, finding the best carbon removal projects on the world, bringing them onto our platform for our customers, leading the due diligence of projects, and also leading the sort of market, so the the project impact insights that we surface by a copilot to our clients, but also the data that underpins our plan product, which we'll be talking about today. I've been working on CDR for around seven years now, so I did a PhD, on geological storage, and then worked in consultancy for a couple of years, mainly on corporate net zero. And I've been at CUR8 just over a year now. And it's great to be joined by you today, Andy, who who who's been a big feature of my first year at CUR8 in in building this product together. So I'll I'll pass on to you for an intro. Likewise. Thanks, buddy. Hi, everyone. My name's Andy. I am CUR8 product director. So I lead product software engineering, and design at CUR8. Before this, I spent over a decade making software products in both b two b and b two c context, specializing in data and deep tech products. I've been a CUR8 for two years, which we'll tell you more about in a second. Yeah. Welcome, everyone. Right, a big entry intro is done. I'm gonna now set the scene and say what we're gonna cover in the next forty minutes. Most of you probably heard of or come across CUR8 before, which is why you're joining us today. But just in case you don't know much about us, we are a climate tech company on a mission to facilitate 1,000,000,000 tons of carbon removal from the atmosphere, helping enterprises and financial institutions to plan, buy, manage, and finance carbon removal. We bring intelligent carbon removal to the world. Our platform is your copilot for removing carbon from the atmosphere, use it to unlock data, expert insights, and tools for neutral neutralizing emissions, some of which we're gonna take you through today. What we're gonna look to cover is what problems does CUR8 exist to solve, two, why did we come to tackle CDR's complexity problem? Three, the more fun bit, a hands on product demo of CUR8 plan and how it helps you to solve a complexity problem. And then the even more fun bit, so that is for some q and a at the end. Just one plug, because today is meant to be a hands on products workshop, there'll be times that it'd be great for you to follow along in your own account. So if you haven't yet created an account on CUR8 plan, please do. It is a 30 sign up and is free to use. Andy, I've I've I we're so excited for the product demo. I'm sure people are are signing up and logging into their their Copilot accounts rapidly as we speak. And I can't wait with everyone else to get to agenda point number three, but I'm glad agenda point number one and two is on this list because we have curated product director with us today. So before we show people the product, I'm super curious having worked with you, you know, for the last year in building this. I know that you and your team have been in the market, understanding what's working, understanding what the challenges challenges are, and ultimately, forming your product roadmap and CUR8 offering in addressing those challenges. So why don't you set the scene for us? How do we end up here today with CUR8 plan? Nice. Sure thing. Funnily enough, I was reflecting on this a lot this week because Monday marked my two year anniversary at CUR8 and two year anniversary of carbon removal and my four year anniversary in climate tech, specifically, having spent the last two years prior trying to help the built environment to reduce its emissions. I think it's fair to say that in those two years of working at CUR8, I've come to think about three core challenges that are facing companies and teams looking to remove carbon from the atmosphere. What? So the the first challenge, complexity, what we're here to talk about today. What I mean by that is no two tons of carbon removal are the same. Yep. There are 20 plus ways to remove carbon at a minimum, and there are 1,600 plus projects across the world claiming to do so. All of this complexity leads to inaction. It leads to difficulty deciding what to do. It leads to difficulty getting out of the starting box for sustainability teams and finance teams across the world. The second problem is an access problem. So today's market is suffering some growing pains. It's a market made in the twenty twenties. The market is hard to find, hard to price, and it's hard to make sure that you're getting value for money for a thing that you only understand a little bit about. Yeah. And then three, there's a risk problem. So by that, I mean, different types of risk. So, conservatively, 90% of durable carbon removal that's been purchased in the history of time, is scheduled in some way for the future. We've made a made toward a market where the buyer takes on the majority of the risk after deciding to buy something. By risk, I mean, sort of delivery risk, strategic risk that certainly might not happen that we wanted to happen, financial risk, and brand risk. And I guess coming at that from a product and tech perspective as a product person who wants to make solutions to problems, the question is really for us, like, how best to help people tackle those. Yeah. Exactly. Yeah. That's how I think about the world. We've existed for the last three years and are focused on solving the access problem and the risk problem, starting with our curated marketplace offering to help people to find and buy the best carbon removal, but also underpinned by our scientists and our quality models to help people to only be fast forward to only finding the highest quality, lowest risk carbon removal. I think one one reason just before I jump back to you, Paddy, is to have I think people might find useful for how we think about the world. Almost every market has some form of access for them. Yeah. There are lots of people who, want to stay in a hotel. There are lots of hotels who want to find those people, but where do they find each other? This This is why people like booking.com exist. There are also marketplaces that exist in this world, but our view at CUR8 is that solving just that access problem doesn't achieve anything for you. Right. It is your complexity point. Right? This is this is this is what you're shouting about around the office. Right? This we're not just trying to solve access. We're not just trying to put projects in in front of people. People need to be apprised of the information that helps navigate complexity. Right? Yeah. In fact, in that, like, I think we've made a market where people need to essentially be scientists in a sense to buy to buy this. We need to work insurance, and it and it's almost as if an insurance market is created where the buyers have the underwriters in order to decide if they want to pass a thing. Yeah. I will buy now. Yeah. Yeah. And so, yeah, that's how I think about the world, buddy. Yeah. No. I and I've completely vibed with it, Andy. I mean, from a science perspective, I mean, you've been on a journey for in in in client discovery. From a science perspective, the carbon removal, even in the last year, the carbon removal market has evolved enormously. Right? It's, you know, there are more approved methodologies, the the volume and the number of projects in the pipeline of of the top methodologies, processes has increased massive massively. The academic groundswell has increased. The demand for specialist skills either as tactical hires within organizations or or or sort of third party expertise has grown significantly. And in one sense, that's a that's a really positive thing. We need that to learn more. We need that for the you know, you know, to to understand what works and what doesn't work, and we need that to get ultimately to the scale that we wanna get to. That's a positive thing. On the other hand, it's, you know, it's driving the complexity problem. It's not making it easier. It's making it harder for people to enter the market, and corporates are entering the market. And they they wanna understand that the the strategy that they develop today, the credits that they buy today to put a finer point on it are gonna be future proof going forward. And and a big part of my job, as you know, is to help corporates navigate their sort of inherent risk appetite. And I don't mean risk appetite in terms of a financial institution. I just mean the a corporate's tolerance for ambiguity and uncertainty in a market and every core I'm I'm betraying my my management consultancy background here, but every call because I've worked with quite a few corporates. Every call that will have sort of a a unique risk tolerance or risk appetite. And part of my job is to map that appetite to a thesis on the carbon removal market, understand what kind of methods they're gonna be in for, understand what sort of policy and compliance directives they wanna wanna align with, understand what delivery schedules, yeah, you know, they need to take on to meet whatever targets they wanna hit. And that's fine. I will that work. But the problem is it doesn't scale. Right? The problem is that for whatever reason, well, there's three core reasons, that we we need people to be able to self serve, you know, much more readily and navigate complexity much more readily to be sort of better. There's there's there's a three three things that we shout about in the office. Right? Better, faster, cheaper. And the better is building on the work of of scientists over the that have built this market in the last few years to understand that the projects that you're buying are are the right projects and a high quality and a future proof. There's faster, being able to access information and get up the curve quicker and collaborate with your team and building a thesis. And, ultimately, doing that cheaper because you don't need to get third party expertise and you don't need to make as quite as many tactical hires, as you might otherwise would have done, and you're also navigating in a market with much clearer price transparency as well. So that's certainly why I'm so excited by the launch of this project because it's it's scaling the capabilities and the and the data and the learnings that we have in the CUR8 team to to, you know, an audience that's much broader in solving problems for for for many more people than we're currently able to do today. Definitely. You've hit the the nail on that there with with and just so everyone else, listening in gets on the same page as us. I know we had a thumbnail about complexity. But to your point there, Paddy, what it's really important for everyone. What we really come to realize in the last year is that unless, we helped help people make those better, faster, cheaper plans to neutralize their emissions, then, one, companies are not going to be able to remove carbon from the atmosphere to the scale that they want to. And two, carbon removal may just fail entirely to get off to to the scale that we wanted to. Yep. Which is what led us to build a great plan, which hopefully everyone on the call has started to use just to reinforce and give a little plug on top of what you said there, Paddy. We have built this to help sustainability and sustainability focus people and finance people in our organization to move from a stated ambition or an aspiration to do something to taking that first or that next step. So move from ambition to action Yep. Without hiring specialist science, specialist consultants, specialist advisers. Both of us have been consultants, I see. So, we I guess we understand the value in that, but this is really our attempt to share some of our expertise and insights with the world through software and give you, as users, the the underlying software tooling to be able to create that plan, create that business case, share it with your CEO. And today, we're gonna show you how. So, Andy, I think that, you know, we're we we're probably in for some audience participation. I know we I know we've got a poll here, and, you know, we've laid out the the sort of end to end view that we have on complexity, but really interested to get some signal from the market. We've got much of the market on this call here today. So really interested to understand. We've got three versions of complexity. So for your company or you don't have to be a company. It could just be whatever your use case is in in engaging with removals. Where do you currently struggle the most with the complexity of removals? Is it, one, scientific complexity, two, regulatory complexity, or three, commercial complexity? And I imagine it might be some of all of the above, but we're we're and and and and that's a valid answer, but let's see if we can get some signal on what the the the most challenging form of complexity is for the people in the market look at some of the results. Cool. Whilst you're doing that, we did, promise a demo. So now we're gonna jump, I think, to the to the demo. Yeah. Let's do it. Andy, we're in danger of this becoming a podcast where two men in their thirties just talk aimlessly at people. So we could very quickly get onto cricket, so let's move on to the demo. 100%. The world needs, a few of those. Cool. And, what's gonna happen now, everyone, is I'm gonna share my screen. And, I mentioned it at the start, but for those who joined later, TradePlan is a is a free to use expert tool. It you can create your account in thirty seconds. And so, please, if you haven't already, take thirty seconds, create your account. And while Paddy and I are doing our hands on product demo and showing you some of the power of this product, you can, use it yourself alongside us. Great. In which case, let me, share my screen. Paddy, can you see my screen? I can see your screen, Andy. Amazing. Right. So for for all of our, fearless listeners, bear with us. Forgive the amateur dramatics a little bit, but Paddy and I are gonna do, some, albeit, minimal role play for the next fifteen minutes or so. We've mentioned our shared consultancy past. So both of us having that personal lived experience. I mean, let's pretend that I'm a sustainability manager in a global professional services firm. Alright. Plan with you as a colleague Yep. To start to make a strategy and an approach to remove carbon from the atmosphere and ultimately neutralize our emissions. Yep. But the framing of this for listening along is we launched QA plan, earlier on in the 2025. And in the first few months, we've been, overwhelmed by the feedback we've got. And there there are three core, tasks or jobs that our users have told us they're using this for, and we'd like to bring them to life for you. No, Paddy. How how are you feeling about defining our trust, g? No. I I'm I'm excited, Andy. I'm excited. This is, this is exact sometimes I do this on the weekends in my own time as well, so this is I'm super aligned on this. Let's go. Alright. Cool. Right. So, I've moved about moving I've said about moving from an ambition to a plan. One of the things we've come to realize is that almost every company today is bought into the ultimate aspiration to limit their impacts on the world outside of their company. And they have, for example, stated targets stated, the number of companies with, for example, an SBCI target is huge compared to the number who have, bought carbon removal. And so let's imagine we're one of those groups who are one of those companies, probably, in that we've always set a target. We have an aspiration, but we don't have a plan. Yeah. The first mistake here is working out really what we mean or helping us to work out really what we mean by our ambition and our target. There's lots of gray gray that lives between the ambiguity of strategic objectives in this world, like drive impact. What kind of impact do you drive? Support innovation. What type of innovation do you wanna drive? Offer customers lower carbon choices. What type of choices do we wanna offer them, what do we mean by lower carbon. And so one way in which we aim to help our users to do that is this goals planning feature. This aims to predominantly bring visibility to me and you and our colleagues as to what we're really stating as our success. So for example, I can choose between different goal types that we come across a lot as CUR8, but also there's the flexibility to create any type of ambition target. An example here would be net zero residual emissions or net or net zero operations. Is that a helpful template to get started and capture some key information for building a business case later? Or we can also state our ambition and bring it to life in a in a way that everyone in the team can understand. But today, for this this hands on product demo, let's state, Paddy, that our consultancy firm, which, let's say, we call it Synergy, those people we like. For the The land people. We have two goals that we, as a team, are trying to work through. One is a ambitious 2030 net zero operational goal. We assign a 2040 net zero goal. And then the other is we have a history as a brand of, wanting to be forward looking. And as a consultancy company, we want to try and push our customers and the market toward things that we think they need to think about on their horizon. So we also have an ambition to try and catalyze the removals market in some way. So hold that in your mind, Paddy. So that's job number one, work out what we actually want to achieve. Yep. Job number two is not knowing where to start. How do I avoid voiding the ocean, buddy? I am a sustainability manager. I am not a CDR specialist. There's lots of things I am specialist in, but removing carbon from the atmosphere is not one of them. So here, I'm gonna use QA plan to explore a set of features with you now to really try and move from the 20 different ways of removing carbon from the atmosphere and storing it jointly to let zero in maybe on the three or five short stops that we think are most likely to work for us. There's this thesis builder here, which we'll come back to, but there's also this map that I love. Those fans of maps that can also change the type of map that we use. But I can find every single CDR project in the world that is either listed on a registry or not yet on a registry but has, presold some availability. I can filter this by any of any of those methods. But let me just come back to this value. Let's say we're gonna try and zero in on the methods that we think are most likely to hit our net zero goal, for example. Or or Yeah. So straight away let let's start with the net zero one. So straight away, you're gonna have to look at your so post your net zero date, you're gonna have to look at a durability that is, you know, it it it it's TBD between SPTi and other standards, but it's probably somewhere between a hundred and two hundred years plus. Let's call it two hundred years plus. So I can see here that if I that does change things on the right. So most aligned versus least aligned, if we've already ruled out a good six. Yeah. That's good. And I'm not sure what our TRL readiness is. I think that we're we're prob we're not a a large manufacturing firm or or or or a large, you know, sort of so to so to move corporate, we're we're a nimble, tech consultancy. So I reckon I reckon our tier of readiness is is perhaps we've got more appetite for that than many. So I don't know. Five or six, I would say. Okay. I mean, I think we can we can't we can see here already, don't we? I'm gone. Yeah. Let's say about it. So that way, if it was a six, that would probably that would roughly be pilot scale demonstration. I I believe I would it would that would mean. Yeah. Quantification and certainty, really interesting one. How how readily can we constrain the measurement of carbon removal from the atmosphere? So can we pick up the signal that carbon's been removed from the atmosphere? And then once once we've picked it up, how easy is it how easy is it to measure and ensure it's right? Listen. This is clearly important, but we gotta recognize where we are in the market. There's some methods that are gonna be more mature in this than others. I don't wanna rule everything out here. So let's be at five or six, I think. I see what you mean. So the higher we go into this I mean, I think that's one thing that we often see people say to us is Yeah. Yeah. We can manage this uncertainty through what we choose to buy, what we choose to order. But I think we can also let's say that as a commercially focused company, we're gonna manage this through, procurement measures. So we're gonna, for example, overbuy. We're gonna have strong payment terms and commercial terms and what we agree with who we buy from. So, yeah, let's keep this at three. But it also it also speaks to the parallel goals that corporates have. Right? The primary goal here is net zero, but corporates are also looking to engage with projects that are on, you know, are on a an earlier journey in the in the TRL and the quantification certainty curve because they'll they've got the potential to scale to be the projects that to meet their net zero required volumes for years to come. So there has there has to be and we do see many corporates have have sort of those parallel objectives in mind between between net zero and sort of catalytic ambition, if you like. Yeah. Definitely. I agree. I'm gonna speed it up till then get to our short list though because I'm impatient. So my momentum and tech, I think we can but we care a lot about my momentum. Let's keep this at five. Medium price, we are, with our innovation lens, we've got a higher price. The point that was higher than this. Do you remember our last, I think that we've we've introduced the carbon price, so let's put it there. Gonna say that feels like a a sensible carbon price for someone in our vertical. Nice. So we've we've got a longer list here, but we still have quite a long list. And so, I guess, what we need to know there is unlock some of the the scientists inside this software. And I'm gonna select a few for the top brands. Should we start with direct air capture, do you think? Yeah. Absolutely. Right. So if I click on it here, I can get a quick snapshot to understand it. So think out loud, there's 95 projects in the world today who are doing this. This that's quite a high number. We might our business case might be okay if if there's that many suppliers we can call on. There's also, however, quite a high price point. There's also here, though, quite a large distribution of prices. Yeah. That that's we we could index toward the bottom if we if we wanted to. But let's jump into to explore this in a bit more detail. I guess, my question for you here is, what can we what can we take from what QA kind of telling us here? Yeah. Well, exactly. So the so the first thing is is obviously the metrics and, like, we go back to trying to navigate complexity. Right? What are the handful of metrics that we can make meaningful cross comparisons between methods in order to inform where those methods sit with the not risk appetite. Right? And direct air capture, really easy to constrain. It's you're just measuring the volume of CO two through your system, through the wellhead, generally into geological storage. As long as you've got your LCA, right, you understand precisely the volume of CO two that you're removing at the process. So the quantification uncertainty here sorry. Quantification certainty is a 10 out of 10. Direct end cap capture is not gonna be as indexed as highly as other methods, say, biochar, for example, which you might talk about on co benefits, environmental, and social. Similarly, like brand impacts, fairly neutral on brand impacts. There is varying opinions and direct capture out there in the public domain. Storage integrity, very high. TRL readiness, somewhere between happening at scale and happening at pilot scale, and obviously very high durability for geological storage. But there's other things we can we can look at here. Right? We've got the top methodologies there, which is super useful for bio understanding the the registries that are that are building the and building the science based approaches that the projects have to understand, and and and be compliant with in order to issue their credits. We've also got the companies that are buying the the credits at scale. Is super powerful to see as well as the locations that, that these projects when you see dark fairly uniquely, actually, dark has got a broad geographical spread. That's because there's many different forms of of of of running a direct air capture plant now, and it's it's that distribution speaks to the the industry itself hasn't consolidated around one particular type of storage or one particular type, you know, of energy source as well. Yeah. Yeah. I guess I can get a sense here as a user. We mentioned probably that our goal of trying to lead against our competitors and take some advantage in the market by getting ahead of it. We can see here there are some professional services firms buying from this type. If we want to tell a certain type of story, we might want to dig into that in more detail. Yeah. Cool. But let's get, like, a bit of a comparison. What I'm trying to do here is make some choices. I mean, I think let's favorite this to come back to it later. Sounds like we want it. But let's, let's jump into a different method that maybe we can think of for our for a different use case. So what what do you wanna go to? So let's look at weathering. Weathering's, like, obviously, very famous method. Super high in terms of potential, but much more nascent in terms of, like, quantification. So let's see. Right? And you've got the price points there as well. So this is an interesting comparison to direct air capture. Again, thousand year durability. Again, sort of two gigaton scalability potential, but lower on quantification certainty. And that depends on our risk appetite. So it's suitable for our net zero goal because it's a thousand year plus, but depending on our, you know, appetite for those credits to be delivered or in full on time in the next two years, we might decide that it was more suited to our catalytic use case, or we would look for credit issuance, like, later for maybe on or after on a zero day. So it's this sort of metric helps to inform where you place not only if you place your credit in your strategy, but where you place it in your strategy as well in terms of the, you know, the the the the temporal dimension to a to a call and renewal strategy. Yeah, detailed method all is here. I was gonna say, Craig, we did we didn't do this. We didn't cover this in direct air capture, but, but I'm I'm finding it useful having an expert scientist with me to explain some of this. But, yeah, what I now see here is I can also use this to to speed up. It's getting to the point that you just helped us get to of, like, understanding some of the the strengths and the opportunities and the risks of each method. That's awesome, Chase. I might leave off favoriting this one for now. But, yeah, that, maybe let's come back to this a little bit, but I wanna get time for another poll. But that's job number two or four that some of our users use this for. So let's just say, let's save a few more for our net zero use case for laterally. So what ones do you wanna favor? You mentioned biochar. Should we favor that one? Yeah. Definitely, we favor biochar. We favor DAC already. We could look at biogenic c o two capture as well. Nice. Biomass storage as well, potentially. For now, let's jump to the poll. Do we have any any we got new poll everyone. So if you haven't seen the notification on your screen, we got new poll. And because we're now gonna jump to, we've avoided void in the ocean. We've got some methods where we want to, explore a bit further and start to build our approach. Ultimately, we're trying to define some approaches for our business case. And the question here is, what where do you struggle most when taking your strategy from this ambition to an action? I know we've got some people on the call who are who are probably living this right now. Is it a challenge in building the strategic case? So the sort of why why us, why now, why us in this way? Is it building up the business case or the financial case and the costs and the and the opportunities, or is it, bringing your colleagues up on the journey with you? We've been mean and not let you say all of the above. But let's come back to the results of the poll and the q and a as well. Cool. Right. We're nearing the end of the hands on product demo, buddy, but let's jump to there's still two sides that to create plan as far as I want you to think about it, Paddy, for this. One is expert science insights, and the other is, software that helps us to define a plan more quickly. One of the ways we do this is is here, build building scenarios as a team. So it brings to life what what scenario is and how we can use this to get to our business case study. So, here is a work example for synergy for our for our consultancy. You can see the favorited methods that we just favorited, but you can also see all all the other methods. But here, what I'm doing is I'm building one possible approach to stress test and build some sensitivity analysis into our possible strategy. So, for example, I can see here that this portfolio this approach is gonna buy 30,000 tons for our net zero claim, but we are trying to align it to some guidance, some specifically offset offsetting principles. Let's come back to this in a second, but we set some some constraints and requirements for this. And you can sort of see that this is coming in at a reasonable cost for us given our 100 pound ton budget, but it's a little bit high. And number of projects is is high, so there's a good confidence in this. I think one other thing there are, I see we already added it. So we mapped this out together earlier on, And here, this is our, like, play space for this. So we can define, why it is that we've made these choices. Someone who wasn't really new, Paddy, can come to this. After the fact, they can be like, oh, I see. This is why we've chosen a forestation for this particular portfolio. For example, this is how it hits our requirements, our needs. Yeah. And also, like, somebody vetted some of the questions that you and I need to tick off before we can pitch this. But let's come back to being a hands on follow-up demo. Let's make a new scenario for Synergy and for our net zero claim. That is The difference between that scenario and this scenario is that we were looking at this scenario where we've been much stricter about the credits that we'll be able to retire beyond our net zero date to address operational residual emissions. The last one, we had some more durability methods in there because we were on that transition to our net zero date, and we're interested in retiring those transitional credits as part of our strategy between here and there. So it's just an interesting nuance between the two strategies. Definitely. So let's build this so that we can come back and, like, add some constraints there, but let's build it very with these favorites. You mentioned another one, Paddy, that, biomass storage. Yeah. Are there any others that you think we could fit our operational net zero claim well? Well, BEC's definitely geological storage there. Let's all scroll down for me, Andy. Let's look at it. And if we we've got quite a few now, haven't we? We've got quite a few. Let's let me go with this. I mean, what's what's some of our targets? I think that's aimed for that'd be lower than 200 pounds per ton. Yeah. So you're gonna have to index up a bit on the biochar probably. It's probably gonna be doing a bit of the work there, I would have thought, on the price point. Up the biochar. And that potentially the bio biomass storage is gonna help you with that price point, I would have thought as well. And then if we normalize the others, then we we might end up in the the right spot. And the thing that we're trying to do here is, well, Betty, and having this many is, I guess, in this approach we're mapping out, we're trying to get quite a lot of diversification. But there's other options. We could we could just choose to go for two of these, but we're trying to commercially diversify in terms of projects for optimal methods. Absolutely. Alright. Let's bring this up to that, and let's bring that up a bit. Thank you. That's in round number. So we've got a nice distribution. You can get we can get a quick sense of the some of the quality indicators from CUR8 team, but, also, let's add some constraints, Alex. Let's see what this might cost us. Let's get 30,000. Let's, we're a consulting company. This is our operational net zero goal. Let's, what do you think? Hey. Let's constrain this to certain geographies where we have an operation. So we have all the business in Brazil. We have, large operations in India. We have large operations in The UK and The US. Yeah. Quite a strong mix. Let's convert it here. We're not gonna, I guess, keep the ops with offsetting principles in this part of your point on this option. Yes. It's more about net zero. I'm beyond our net zero data. We think it's got the durability profile to address residual emissions beyond the net zero call. And in this case, something like Let let me see what this feature is doing here. So that's not allowing constraints. Interesting. So let's set that for now. In fact, let's, let's see what this is gonna do for us. So let's, make it to the best after the direct action for a bit. Let me talk through that one. Let's apply. This this is working with these constraints. Let's see if see what I mean here. Let's add a forestation. Now we can see here let me add this to that five. Standard five. You can see here that the method I just added, Paddy, doesn't allow us in trade plan's eyes to have confidence that we'll be able to, in 2030, make up a stated claim for that zero operation. Do you like to explain how that's working a little bit? Yeah. Well, it's understanding that beyond the net zero dates that you are if you make a net zero claim, you're addressing your residual hard to evade emissions at that point. Those emissions, by their nature, are generally fossil based emissions. So at and beyond the net zero date, the the carbon removals that that you retire have to be of a durability profile that is they use the term like for like with those emissions. And, generally, that's accepted at a thousand years. There's some sort of modeling around the cost of carbon that can normalize that to around 200 as well, and we're seeing that reflected in a lot of standards that are being developed around what permanent removals means, around SPTI, UK ATS, for example. So, yeah, critically, if we if we wanna establish the credits that we're gonna be able to retire at and we got beyond our net zero day, then we use the net zero alignment feature in in this instance. If we're interested in the credits we can use in a best practice, you know, Oxford aligned offsetting, pathway that's akin to the other example that we showed earlier, then you would use the Oxford principles. And there's there's more features that we I'm I'm sure we'll build into this, right, to to point to different policy directives that, or compliance directives that may appear, you know, in the coming years. Yeah. Definitely. Sorry. I accidentally switched off my screen. I agree. That's awesome. One more thing, Kevin. Let's jump to questions. So, up here in a nice green, it's call like, calling me to do something apparently. So I'm gonna make this public so you can edit it. I'm gonna save it. So here, generate me a business case feature. So what this what this is doing for everyone is letting our users take the scientific insights and CUR8's databases, take CUR8's expertise, use the intelligence of large language models to create a first draft for this scenario for a business case. I wanna take generate a business case and send it to me. And let me show you what that looks like. So here, we've got the one that I created earlier. And you can see here there's a strategic case summary that I can edit as a user and I can build on as a team, but there's also, lots of great stuff here about market pricing forecasts, me and my market. So it's taken the data I've given it in our goals section and in that rationale, and it's servicing it to me. And, also, it's then explaining for the laypeople in our company, Paddy, what what what was the rationale behind this particular makeup. Yeah. It doesn't really have a feature. But that is our QA plan product work walk through, I guess. It'd be great to maybe go to the polls in the last few minutes and also some of the questions. Paddy, do you wanna jump to the q and a? I feel that there's a question for you here that I'll read out for you maybe to answer. So, question from Philip here. The core issue is scale. Perfect CDR tons are imperceptible over any future time frame. Yeah. That's a it's a great point. It's it's it's I guess it's a point well made rather than a question, and I completely agree. That's what we're trying to get to with this whole feature is that that we wanna move away from a myopic view on what the perfect ton of c o two is on a locked scale by giving people enough information that they can build a portfolio that they fit they feel like is good enough or robust enough to be compliant with their own risk appetite, you know, voluntary carbon, procurement guidance, compliance scheme, procurement guidance. We just need to apprise people with information that that they need to make those decisions in a form way, but completely agree with the sentiment of what you're saying there. Nice. Nice. Just trying to get some of our poll results as well. There's an interesting question here, Paddy, of that I can take probably, which is, I think, started from our poll. But, what do we mean by strategic case? And I guess, we're gonna raise that. I'll, please do get in touch afterwards, and we can, build us an hour with you or you can do it yourself. But I think it's it's great to to think of these as slightly separate in in my experience of removals, which is the first step for many teams at the moment is actually building the strategic case, not the financial case of making an approach. And it's actually with tools like this and products like this, it's quite easy to get there quite quickly, and, like, stand on the shoulders of scientists like Paddy and policy experts like, and others have. So what we mean is why act now? Like, what's the role of CDL in a wider strategy company and sustainability strategy, but also what how are we thinking this market's gonna grow? What did that thing now deliver for us? For example, protecting against price increases as an example. There are a few more questions as well. I might pick one more. So, so there's one about, purchasing that I wanna just highlight, which is what's the minimum volume that must be purchased on this platform? Is it suitable for small and midsize businesses or any of the larger corporates with a budget to buy? That's a great question. As I look at here, this is a free to use intelligence product. So there is no obligation for you to buy anything. This is an expert for you to use. There is no bias in this, and we have tried to remove bias and make this a scientist that you can call your own. There are other products and offerings that QA has where you can access projects and, for example, use our, experience and features in buying this to speed that process up and find the best value, but there's no limit on this. This is perfect for small and mid sized companies as well as for large enterprises. Cool. Any other questions coming through any anytime anymore? I don't think so. I think we're out of time in it. So, I'm just gonna wrap up then. So thanks so much for joining us. Both Paddy and I love to get out of the building more than stay in it. So, well, no matter where you are on your journey or whether or not you've used it and you've got feedback, please reach out to us. I'd love to have a chat. Absolutely. Thank you so much for joining us, everyone. Yeah. Thank you. Cool. Alright.