Innovative Startups That Turning Carbon Dioxide (CO2), CO & Methane Into Money - Part 2by Rudy P. SysAdmin at howtofindthemoney
On May 2019, carbon dioxide levels in our atmosphere reached 415.26 parts per million for the first time in human history. The last time CO2 levels were this high was probably 2.5 to 5 million years ago, when temperatures were 2 to 3˚C higher than today. The Intergovernmental Panel on Climate Change (IPCC) has warned that we need to limit global warming to 1.5˚C to avert the most catastrophic effects of climate change. This cannot be achieved, however, without removing CO2 from the atmosphere.
Today, many innovative companies and researchers are developing new uses and products for captured CO2 and other greenhouse gas emissions, such as varieties of building materials, fuels, chemicals, polymers for plastics, and carbon fibers and carbon materials. McKinsey & Company estimates that by 2030, CO2-based products could be worth between $800 billion to $1 trillion, and the use of CO2 for producing fuel, enriching concrete and generating power alone could reduce greenhouse gas emissions by a billion metric tons yearly.
With the proper incentives, by 2030 the overall CO2 based product industry could utilize seven billion metric tons of CO2 each year—about 15 percent of our current global emissions. But finding new commercial uses for the captured CO2 is key to lowering the costs of these technologies and scaling them up. The trick is figuring out how to do it so the product is cost-competitive with fossil fuel-derived products and ends up benefitting the environment. Because CO2 is a stable and non-reactive molecule—meaning that it won’t react to form other chemicals unless a substantial amount of energy is added—processes to convert it to other products can be expensive. Overcoming this means finding products that don’t need this energy boost, or finding less energy-intensive ways to convert CO2.
61. Innovator Energy
Product/Service: RecovAm (Ammonia Recovery Technology), CO2 Evolution (Captures More Than 90% of CO2 From Power Plant Flue Gas)
Product/Service: The Cement Free, Carbon-negative Concrete Solution
Product/Service: Closed Space CO2 and H2O Capture, Methanol from CO2, Vertical Farming
Product/Service: eCO₂Source™ Solutions (CO₂-recovery packages with a capacity ranging from 30-to-600 TPD of CO₂ product), eCO₂Gen™ Solutions are near zero emission gas power plant of 5-50 MW and producing 30 to 600 TPD of CO₂ product for various CO₂ utilizations
Product/Service: Renewable Fuels, Plastics, Chemicals
Product/Service: Greensand Substrates, Greensand Lime Substitute, Greensand Semi-hardening, Greensand Bulk
Product/Service: Oxy-Combustion Technology: Enables 95% of CO2 Emission Reduction From Coal-fired Power Plants
Product/Service: Sodium Bicarbonate (Baking Soda), Hydrochloric Acid, Caustic Soda, Bleach, Skymine Process (Capture Harmful Pollutants), Skyscraper Process (Post-combustion Carbon-capture and Scrubbing Technology), Skycycle (Thermolytic Decarbonation Process, Use Waste Heat Instead of Electricity to Power Its Carbon-capture-and-utilization Process)
69. TerraCOH Inc.
Product/Service: Carbon Dioxide (CO2) Plume Geothermal - CPG™ technology (the first to use carbon dioxide as its geologic working fluid)
Product/Service: Power plant which uses supercritical carbon dioxide to drive a turbine
71. Oberon Fuels
Sources: Local waste resources, such as Methane
Product/Service: Renewable Diesel Replacement Known as DME (Dimethyl Ether)
Product/Service: Liquid Fuel
74. Sunfire GmbH
Product/Service: Jet Fuel
Sources: Non-food Residue Biomass From Agriculture
78. Biochar Now, LLc
79. Carbo Culture
Sources: Orchard Waste
Sources: Nitrous Oxide
Product/Service: N2, O2, H2O
Product/Service: Carbon Nanotubes (CNT) Aggregates
Created on Jul 23rd 2019 21:00. Viewed 334 times.