In the rush to draw down global emissions and slow global warming, one obvious but largely untapped resource is rising to the fore as a potential solution: carbon. The man tapped to head The Global CO2 Initiative announced earlier this year during the World Economic Forum, which aims to "capture 10 percent of global CO2 emissions and turn them into valuable products"? Issam Dairanieh, head of oil titan BP’s corporate venture capital team.
Read the entire article on the GreenBiz website.About The Global CO2 Initiative:
The Global CO2 Initiative (GCI) was created to develop and commercialize the trillion dollar CO2 products industry. These products use recycled CO2 as a key ingredient; examples include cement, aggregates, chemicals, polymers and carbon fiber. The Initiative coordinates with international partners focused on a common mission to deploy and scale CO2 products across multiple sectors.
CO2 Sciences, the non-profit arm of the GCI, will award R&D funding to qualified research applicants creating innovative technologies. The GCI commercialization arm will work in parallel to accelerate the market for CO2 products by investing in commercial-stage companies. For more information, visit www.globalco2initiative.org and follow the Global CO2 Initiative on Twitter: @reuseCO2