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.
Note: This article was carried over from CO2 Sciences as a result of our merger.
The Global CO2 Initiative was launched today during the annual meeting of the World Economic Forum. The Initiative, and its research funding arm CO2 Sciences, will catalyze innovative research in carbon capture and utilization (CCU). It will also accelerate commercialization of CCU products. Preliminary estimates put the annual market for CCU products at $800 billion – $1.1 trillion by 2030 with potential annual reduction of CO2 in the range of two to three gigatons.
