Former BP executive joins global carbon capture effort

by Rosalie Starling, Hydrocarbon Engineering.

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

Read the entire article on the Hydrocarbon Engineering website.

About The Global CO2 Initiative:

The Global CO2 Initiative was created to realize the ambitious goal of capturing 10% of global CO2 emissions and transforming them into valuable products. CO2 Sciences, its innovative research and development platform, is structured to aggressively catalyze funding in carbon capture and use by granting up to $400 million over ten years to many qualified research applicants throughout the world. In parallel, the Global CO2 Initiative will accelerate the commercialization of CO2 based products and services. It will use different financial vehicles to invest in companies, enabling them to grow market demand for CO2 based products. For more information, visit www.globalco2initiative.org and follow the Global CO2 Initiative on Twitter: @reuseCO2