Tuesday, March 1, 2022

Carbon Removal Factory


A large Plant that captures Carbon from the Air could help create an Industry the World needs to avoid dangerous levels of warming this Century.

In Spember, 2021, Climeworks flipped the switch on Orca, the Largest Plant to date, that is designed to remove Carbon Dioxide from the Air.

The Facility, outside Reykjavik, Iceland, can Capture 4,000 metric tons of Carbon Dioxide every year. Large Fans suck Air through a Filter, where materials bind with CO₂ Molecules. The company's Partner, Cabfix, thenmixes the Carbon Dioxide with Water and pumps ir Underground, where it reacts with Basalt Rock and eventually turns into Stone.The Facility run entirely on Carbon-free-Electricity, mainly from a nearby Geothermal Power Plant.

4,000 tons isn't that much. It's less than the Annual Emissions of 900 Cars. And it's a tiny fraction of the billions of Tons of Carbon Dioxide the World will likely need to Pull-Out of the Atmosphere to Prevent Global Warming from soaring past 2 ÂșC over preindustrial levels, according to a varirty of Studies.

Far larger Facilities are in the works. Cabon Engineering, based in Squamish, British Columbia, plans to start construction, this year, on a Plant in the U.S. SouthWest with the Capacity to Remove 1 million tons of Carbon Dioxide a year. With various Partners, it's also begun Engeering or Design work on Plants in Scotland and Norway that would Capture 500,000 to 1 million tons per year.

The hope is that building more and Larger Plants to Capture Carbon from the Air will help Companies figure out how to Optimize Operstions, Drive down Costs, and realize Economics of Scale. Climeworks estimates it will Reduce Costs between $600 and $800 per Ton of Carbon, to around $100 to $150, by the late 2030s.

A growing number if Individuals and Companies, including: M icrosoft, Stripe, and Square, are already Paying Today's High costs to Suck Carbon out of the Air, as they strive to Cancel Out their Emissions. That's providing crucial early Revenue.










NYC Wins When Everyone Can Vote! Michael H. Drucker


No comments: