4/29/2024 0 Comments Best carbon capture companies![]() ![]() Jacobson is a strong proponent of a full and immediate transition from fossil fuels to renewable energy. It’s just a way for the fossil fuel industry to extend themselves.” “Carbon capture is a scheme of the fossil fuel industry,” Jacobson said. He said doing nothing would be better than supporting the technology. ![]() Stanford Civil and Environmental Engineering professor Mark Jacobson is one of carbon capture’s biggest critics. To Keighley and many others, carbon capture is a win-win for the environment and their bottom line. It will operate as a CCUS plant because it will both utilize and store carbon through PCC. The Sk圜ycle plant will capture carbon from an Indiana US Steel plant. ![]() “It also goes into food products like toothpaste.” “It goes into things like … paper, paints, emulsions, into detergents,” Keighley said. PCC is used as a filler in numerous products. Keighley acknowledged that baking soda, SkyMine’s primary product, decomposes over a relatively short period and ends up re-emitting much of the carbon stored in it.īut he said a forthcoming CarbonFree facility called Sk圜ycle will produce a product that can store carbon for centuries or millennia - precipitated calcium carbonate, or PCC. “We make baking soda, we make hydrochloric acid, caustic, and bleach,” Keighley said. That plant runs on the CCU model, where it captures some of the cement plant’s emissions and uses a chemical process to turn them into several products. CCS, also known as carbon capture sequestration, is a process where companies take captured CO2 and store it away, typically underground.ĬarbonFree currently operates one carbon capture plant, called SkyMine, next door to a San Antonio cement factory. “Carbon capture utilization and carbon capture storage.”ĬCU is a process where companies use captured CO2 to make chemical products. “We talk about CCU and CCS,” Keighley said. ![]() TPR CarbonFree CEO Martin Keighley on a tour of the SkyMine carbon capture plant. Once a company captures carbon, there are two basic things it can do with it. The basic idea behind carbon capture is simple: fossil fuel and industrial plants produce much of the CO2 emissions in the atmosphere, so what if those emissions were caught before they could get to the atmosphere?Ĭompanies typically capture carbon from flue chimneys, the smokestacks coming out of fossil fuel and industrial plants. In fact, the federal government has committed hundreds of billions of dollars in the last several years to support the young industry with tax credits and infrastructure. Keighley and San Antonio-based CarbonFree have an ambitious goal: to capture 10% of all industrial emissions of carbon dioxide by 2050 Those industrial CO2 emissions account for roughly one fifth of all global emissions.Ĭarbon capture is one of several technologies being considered as major ways to reduce carbon dioxide emissions as the planet continues to warm to increasingly dangerous levels. And for us, it’s an opportunity to run a profitable business.” “We have a big problem out there in terms of the need to address climate change, the CO2 in the atmosphere,” Keighley said. Martin Keighley said he joined CarbonFree as its CEO four years ago because he wanted to be part of the solution to climate change - and make money while doing it. ![]()
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