Connect with us

Hi, what are you looking for?

World

Canadian firm opens pilot project to pull carbon from air

Carbon Engineering, funded by private investors, billionaires Bill Gates and oil sands financier Murray Edwards, extracts carbon by taking in air using fans and separating the carbon by pushing it through filters.

The pilot plant, located in a remote western Canadian community, is designed to capture up to one tonne of CO2 per day, which is the equivalent of taking about 100 cars off the road annually.

The company claims that existing machines capture carbon from smokestacks like those of coal-fired power plants, and the direct air capture plant deals with CO2 produced by transportation, agriculture and buildings, which together represent a third of global emissions.

Adrian Corless, Carbon Engineering’s CEO said:

It’s still a pilot-scale plant. But it’s very important, because it’s the first time that anyone’s demonstrated a technology that captures CO2 that has the potential to be scaled up to be large enough to be relevant from an environmental or climate point of view. It’s now possible to take CO2 out of the atmosphere, and use it as a feed stock, with hydrogen, to produce net zero emission fuels. We plan to use the data from the pilot plant to design our first commercial plant by 2017, which will cost no more than $200 million.

However, to make the project viable economically, they have a long way to go. At the moment, carbon prices around the globe range from less than $1/mt (Mexico and Poland) to $130/mt (Sweden). It is estimated that $100 a tonne would be enough for Carbon Engineering to support itself commercially.

You may also like:

Business

Screen-grab from video showing Syrah Resources Balama Graphite Project in Mozambique. Source - Syrah Resources Tesla is turning to Mozambique for a key component...

Business

Oil prices surge to 7-year high with geopolitical tensions in focus after an attack on an Abu Dhabi oil facility. Source - Flcelloguy at...

Tech & Science

Health organizations are at risk from a cyberattack onslaught. This includes the UK's NHS.

Life

Protesters take part in the Women's March and Rally for Abortion Justice at the State Capitol in Austin, Texas on October 2, 2021 -...