Harnessing Nature for Efficient Carbon Capture
With 70% of global energy demand currently met through the burning of carbon-based fuels, and demand predicted to double by 20351, the world faces a growing challenge: reducing climate change causing carbon dioxide (CO2) emissions while not damaging a fragile global economy that is sustained by these abundant fossil fuels. Additionally, substantial opportunities exist for the utilization of CO2 in a broad range of industrial applications from enhanced oil recovery, to beverage carbonation, pulp and paper production, greenhouses, and chemical production, many of which also provide a carbon sequestration opportunity.
CO2 Solutions is addressing this challenge as the leader in the field of enzymatic CO2 capture. Our patented technology allows for the low-cost capture of CO2 from stationary emissions sources such as oil production operations, power and steam plants and metals production facilities, while leveraging existing solvent-based gas scrubbing approaches already known to industry. In turn, we are positioning CO2 capture and sequestration as a viable climate change mitigation tool as well as enabling industrial customers requiring CO2 to lower their acquisition costs for existing and new applications.
1 U.S. Energy Information Administration