Carbon capture technology may be essential for the world to stay within the 2°C warming target outlined by the Paris Agreement. Although the deployment of this technology has begun to pick up in recent years, it is still a long way from the levels of scale-up needed to have a meaningful impact on climate change. Current technology for stripping CO2 from industrial gas streams or directly from the atmosphere remains costly and energy-intensive, and existing carbon capture facilities have struggled with downtime, keeping to CO2 capture targets, and managing costs.
In this climate, there are significant research efforts aiming to boost the effectiveness of CO2 capturing technology and facilitate deployment of what could be a vital technology in the fight against climate change. Carbon Capture, Utilization, and Storage (CCUS) 2021-2040 is a new report from IDTechEx analyzing the technical and commercial factors that could be key to the long-term success of carbon capture technolo
Occidental unit to build low-carbon bio-ethylene plant
5/3/2021
Occidental Petroleum s low-carbon unit said on Tuesday it plans to construct and operate a pilot plant that would use human-made carbon dioxide, instead of hydrocarbon-sourced feedstocks, to produce bio-ethylene.
The pilot plant will be jointly developed by Occidental s venture capital arm, Oxy Low Carbon Ventures LLC, and bio-engineering startup, Cemvita Factory. It is expected to start functioning in 2022.
Bio-ethylene is currently made from bio-ethanol, which is made from sugarcane.
The new technology produces bio-ethylene from carbon dioxide, water and light, which helps lower costs and carbon emissions, Cemvita s Chief Executive Officer Moji Karimi said.
Carbon capture technology may be essential for the world to stay within the 2°C warming target outlined by the Paris Agreement. Although the deployment of this technology has begun to pick up in recent years, it is still a long way from the levels of scale-up needed to have a meaningful impact on climate change. Current technology for stripping CO2 from industrial gas streams or directly from the atmosphere remains costly and energy-intensive, and existing carbon capture facilities have struggled with downtime, keeping to CO2 capture targets, and managing costs.
In this climate, there are significant research efforts aiming to boost the effectiveness of CO2 capturing technology and facilitate deployment of what could be a vital technology in the fight against climate change. Carbon Capture, Utilization, and Storage (CCUS) 2021-2040 is a new report from IDTechEx analyzing the technical and commercial factors that could be key to the long-term success of carbon capture technolo
Advertisement
Carbon capture technology may be essential for the world to stay within the 2°C warming target outlined by the Paris Agreement. Although the deployment of this technology has begun to pick up in recent years, it is still a long way from the levels of scale-up needed to have a meaningful impact on climate change. Current technology for stripping CO2 from industrial gas streams or directly from the atmosphere remains costly and energy-intensive, and existing carbon capture facilities have struggled with downtime, keeping to CO2 capture targets, and managing costs.
In this climate, there are significant research efforts aiming to boost the effectiveness of CO
IDTechEx Explores Innovation in Carbon Capture Technology
News provided by
Share this article
Share this article
BOSTON, April 22, 2021 /PRNewswire/ Carbon capture technology may be essential for the world to stay within the 2°C warming target outlined by the Paris Agreement. Although the deployment of this technology has begun to pick up in recent years, it is still a long way from the levels of scale-up needed to have a meaningful impact on climate change. Current technology for stripping CO
2 from industrial gas streams or directly from the atmosphere remains costly and energy-intensive, and existing carbon capture facilities have struggled with downtime, keeping to CO