PRESS RELEASE: October 5, 2022
A trailblazing partnership of local governments will soon pool resources to fund carbon dioxide removal (CDR) projects in the Four Corners region. The 4 Corners Carbon Coalition (4CCC), established by Boulder County, Colorado and the City of Flagstaff, Arizona, today welcomed Salt Lake City, Utah and Santa Fe, New Mexico. Earlier this year, Boulder County and Flagstaff invested seed funding to launch this coalition with the goal of spurring regional CDR innovation to fight climate change. The coalition will provide catalytic funding to accelerate CDR project deployment and business development.
CDR describes diverse processes, on land and at sea, that take carbon dioxide out of the atmosphere, and durably lock it away in geological, biological and synthetic formations for decades, centuries, or even millennia. According to the United Nations Intergovernmental Panel on Climate Change (IPCC), cutting emissions from fossil fuels is necessary, but it’s no longer sufficient to stem the worst effects of climate change.
“We’re so excited to round out the ‘Four Corners’ vision with two cities that recognize the importance of local leadership,” said Flagstaff Mayor Paul Deasy. “This collaboration gives local communities the opportunity to put our fingerprints on this emerging and necessary space of carbon dioxide removal (CDR); to hold ourselves and our partners to the highest standards; to show what community-based CDR might look like and the potential benefits of supporting vetted projects in our backyards.”
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