Recycled Carbon Products Helps Solve Global Warming Problems
Diamondsทดลองเล่นสล็อตsunglasses and sportswear are all products that can be produced using carbon dioxide, or CO2, one of the main gases that warm the Earth's atmosphere. and new technology companies that make such production possible. is gaining interest from investors.
The production process involves the use of bacteria, proteins, or the use of chemical processes to catalyze natural reactions, mostly by separating the carbon and oxygen from the carbon dioxide gas. To create another chemical used in the production of various consumer products.
Reuters reports that data from research firms PitchBook, Circular Carbon Network, Cleantech Group and Climate Tech VC indicates that companies Related to recycled carbon could raise about $800 million this year. That's more than three times the total in 2020.
Ryan Shearman, executive director of Aether Diamonds, which uses carbon dioxide separation methods to produce artificial diamonds, said: He didn't want to call the price of such a product an environmental tax, but a truly environmentally conscious consumer. It shows that they are willing to pay that premium price.
Another form of recycled carbon is also used in concrete production. CarbonCure Technologies is developing a method for injecting CO2 into concrete during the manufacturing process. The carbon trapped inside increases the strength of the concrete rods and also keeps carbon dioxide from rising in the atmosphere.
Robin Niven, the company's president, said the word "green" is good for marketing these products and that about 90 percent of customers come from independent concrete manufacturers. both large and small Subs who are looking for a competitive advantage
However, the United Nations said that countries It is necessary to capture and store 10 billion tons of carbon dioxide annually by 2050 to slow down climate change. But current carbon capture projects can only store a few thousand tons a year.
Humans produce about 50 billion tonnes of CO2 each year, with international delegates attending the UN Climate Conference on greenhouse gas emissions reductions in Scotland in late October and next month. this november
in May Columbia University's Center for Global Energy Policy has published a report on Carbon Recycling, which states: If all products made from oil use recycled carbon dioxide instead. This will result in approximately 6.8 billion tons less carbon emissions per year.
But lead researcher Amar Bhardwaj, who wrote the report, said recycling carbon dioxide might not always be the best option because there are less costly methods.
On the other hand, clothing companies Lululemon Athletica and LanzaTech say they have teamed up to produce polyester material based on carbon emitted from the atmosphere. By using bacteria to recycle ethanol, a type of alcohol, into ethylene. And ethylene can be used to make polyester fabrics and plastic containers.
A Reuters report states that LanzaTech has been able to raise the most money among companies competing in the field.
Jennifer Holmgren, CEO of LanzaTech, said that although its ethanol costs more than corn-based ethanol, it's still a bit more expensive than corn. But customers who want a product that is environmentally friendly are still happy to buy it.
However, it does not seem like capturing carbon dioxide emitted into the atmosphere is a good idea for investors. But Nicholas Moore Eisenberger of investment group Pure Energy Partners has a different opinion. different He invested in an air capture company called Global Thermostat because he saw an opportunity. And believe that when the project grows enough, the cost will be reduced.
He said science had already said we had less than a decade left to start curbing climate change. But that time should be within the timeframe that most investors are interested in.