Problem 1
Excess carbon dioxide (CO₂) in the atmosphere is causing global warming. And while we need to stop producing it, we also need to remove the CO₂ that we have emitted since the start of the industrial revolution.
Historic CO₂ levels are at the highest they have been in 800,000 years, and are already causing a dramatic increase in extreme weather and pushing our planet towards some potentially catastrophic tipping points.
To date, over 1 trillion tonnes of historical CO₂ exist, pushing the parts per million (PPM) of CO₂ in the atmosphere from 280 ppm to 420 ppm.
Problem 2
We need to transition to a green energy solution.
And that will require a gargantuan and collective humanitarian effort, because there is currently a shortage of materials needed for this transition. Nickel is crucial in the physical infrastructure used to build the future, making up 8% of standard stainless steel. It is also of major use in battery cathodes where it has the highest energy density per kilogram and helps prevent battery degradation. Demand is high, and we need to double nickel production in the next 20 years to keep up.
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