News

Tim Stiles: The market for carbon use in 15 years could be over $1 trillion

Note: This article was carried over from CO2 Sciences as a result of our merger.

Tim Stiles, Global Chair of KPMG’s IDAS Practice, mentioned The Global CO2Initiative during a panel discussion titled “Critical Support for Innovative Finance” at the FT Investing for Good conference in early December. In his comments, he states that “…the market for carbon use in 15 years could be over $1 trillion, which would reduce CO2 output by 12-15%. Now that’s very intriguing, because suddenly you’re addressing this problem and providing a commercial return.”

Read more

Financing carbon capture: corporate partners lead the way

Note: This article was carried over from CO2 Sciences as a result of our merger.

Addressing climate change will require tremendous investment in low- and zero-carbon energy technologies. Estimates are as high as $1 trillion per year (PDF) through 2030.

Some of that investment must be in carbon capture technology, which can reduce emissions from both the power and industrial sectors. Carbon capture could provide 13 percent of global emissions reductions through 2050.

Read more

Future of CO2-based Product Technology Unveiled at COP22

Note: This article was carried over from CO2 Sciences as a result of our merger.

Marrakech, Morocco – Today the Global CO2 Initiative announced major findings and recommendations from its Roadmap for the Global Implementation of Carbon Dioxide Utilization Technologies at the ICEF2016 Roadmap Launch Event at COP22 in Morocco. The Roadmap offers a market assessment and recommendations for the carbon-based products industry (CBPI). The report shows that through broad scale commercialization of products derived from CO2 there are sizable market opportunities while mitigating CO2 emissions.

Read more

Global CO2 Initiative & ICEF Innovation Roadmap Project Unveil Roadmap for Implementation of Carbon Dioxide Utilization Technologies

Note: This article was carried over from CO2 Sciences as a result of our merger.

Today the Global CO2 Initiative released key findings on the state of carbon dioxide utilization (CO2U) technologies at the 3rd Innovation for Cool Earth Forum (ICEF) in Tokyo, Japan. The findings are set forth in a draft roadmap prepared as part of the ICEF Innovation Roadmap Project with support from Japan’s Ministry of Economy, Trade and Industry and New Energy and Industrial Technology Development Organization.

Read more

Global CO2 Initiative, Japanese Government Partner to Create Roadmap for CO2 Utilization Technologies

Note: This article was carried over from CO2 Sciences as a result of our merger.

The Global CO2 Initiative is partnering with the Ministry of Economy, Trade and Industry (METI) and New Energy and Industrial Technology Development Organization (NEDO) of the Government of Japan to develop a first of its kind roadmap for global implementation of carbon dioxide utilization technologies. The CO2 Utilization Roadmap will survey a number of existing technologies that convert CO2 to products, as well as identify future market opportunities and barriers to further development. The Roadmap will outline steps that need to be taken to roll out carbon dioxide utilization technologies based on several variables such as competitiveness, readiness and policy implications.

Read more

Former BP Executive Joins Global Effort to Capture and Utilize Carbon

Note: This article was carried over from CO2 Sciences as a result of our merger.

Dr. Issam Dairanieh to Lead Innovative Effort to Convert CO2 into Commercial Products

SAN FRANCISCO — Dr. Issam Dairanieh, the former head of the corporate venture capital at BP, will lead an ambitious new initiative focused on converting carbon emissions into valuable commercial products, the CO2 Sciences’ Board of Directors announced today.

Read more