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The world’s largest factory that captures carbon dioxide underground from airSugar baby was officially built in Ice Island in July. This factory, invested and built by Climeworks, a Swiss green technology pioneer, is the first project to commercialize its “Direct Air Carbon Capture” (DAC) technology. The capture scale is 10 times the global project target, opening up a more efficient carbon reduction solution for carbon-intensive industries.

In fact, with the continuous growth of global carbon reduction demand, the capital market has begun to compete for new carbon reduction technologies, and a large number of funds have shifted from traditional carbon capture and storage projects to innovative technologies such as “air carbon capture” and “land carbon capture”. However, no matter which technical plan, we are currently in the late stage, and we need a large amount of funds to promote commercial use. Only in order to achieve higher benefits and better serve the global climate targets.

“Carbon-refined stone”

Escort reported through the news that the DAC factory is called “Mammoth”, and it has about 80 large fans and Sugar baby filters, which are absorbing Pinay escort. During the process of entering the airSugar daddy, carbon capture is carried out, and then the carbon dioxide and water is mixed into the underground, which is turned into a rock through chemical reactions. The entire process will be from the surrounding areaSugar babyThe hot station provides power.

Climeworks finally sold the captured carbon dioxide to Swiss vegetable-grown companies and carbonated beverage companies. Until 2017, after working with Ice Island carbon storage company Carbfix, it began to develop the captured carbon Sugar baby melted it into the water and injected it into the Xuanwu Shun to realize the technology of permanent storage. “Diaoxide is mineralized after being injected into these sluices, and our technology can turn these carbons into stones within two years,” said Jan Wurzbacher, co-founder and chief executive officer of Climework.

It is clear that the “Mammoth” factory can capture and store 4,000 tons of carbon dioxide every year. ClimeworksEscort manila plans to rely on the above technologies to reduce carbon dioxide by 2030 and reduce carbon dioxide by 1 billion tons per year by 2050, and continue to reduce capital. Climework’s joint founder and chief executive officer Sugar daddyChristoph Gebald said: “We hope to use the ‘ecort’s strength’. manila’s factory attracts more financing and rebuilt more DAC factories by 2030. “

It is reported that Climeworks has obtained 600 million Swiss francs (about 627 million US dollars) in financing, and the central government has invested its funds to Mammoth Factory. At present, Climeworks has begun the construction of the second DAC factory, planning to build it in Ice Island within 18-24 months, with the goal of capturing 36,000 tons of carbon dioxide from the air every year.

A large number of capital has surged

According to data from the International Power Agency, global carbon dioxide emissions related to the power industry have reached 36.3 billion tons in previous years. Although the scale of Climeworks’ “Air Carbon Capture” project is still small, it still has attracted a lot of attention. With the construction of the “Mammoth” factory,The capital market is beginning to focus on this type of efficient carbon reduction technology. At the end of June, Frontier, an initiative launched by Google’s parent company AlphaSugar babybet, face parent companySugar daddyMeta, Mackenzie and other companies announced that it will invest US$925 million in the next 10 years to accelerate the development of “everything carbon removal technology”. FroEscort manilantier has purchased the first batch of captured carbon dioxide from six carbon removal technology startups, and the price per ton of carbon is between $500 and $1,800.

The industry generally believes that with more and more capital inflows, more types of carbon reduction technologies will be implemented in the future, such as seawater capture, biological burial, decomposition and biologics. Sugar babyCNSugar babyC News Network reported that Canadian technology founder CarbonCure is developing technical information to inject carbon dioxide into concrete. If no one recognizes it, wait for someone to take it. “As a result, the industrial process is more environmentally friendly by responding to cement. Another Canadian technology company, PlanetaryTechnologies, is developing SugardaddySeawater capture and storage technology, by changing the acid value of seawater, allows it to receive more carbon from the gas.

Useful to promote emission reduction

The Special Committee of Climate Change (IPCC) between the United Nations Bureau of State recently released its latest report that in the next few decades, global demand for innovative carbon reduction technologies will achieve the goal of increasing temperature by 1.5 degrees Celsius. Heleen DeConinck, one of the authors of the IPCC report, taught by Heleen DeConinck, a major student in the Netherlands, emphasized that carbon reduction technology must be supplied by power without carbon dioxide to be effective, otherwise it will be counterproductive. According to IPCC forecasts, by 2050, global demand will always clear tens of billions of carbon dioxide from the large air every year to achieve the goal of maintaining a 1.5 degrees Celsius increase, but so far, less than 10,000 tons have been cleared. Therefore, carbon reduction technology is very necessary to achieve zero emissions and control the temperature increase range of temperature chamber gases.

Climate scientists and environmentalists are optimistic about innovative carbon reduction technology, and believe that if the global climate target is to achieve, the scale of carbon reduction implemented by the technology will not be small. However, today’s carbon reduction technology is still more expensive, and the real cost-effectiveness is still a matter of urgent business. IPCC pointed out that the DAC’s capital is between US$600/t and US$1,000/t. As the technology matures, the capital will drop to US$100/t-US$300/t in the future. According to the International Dynamics Agency, there are 18 DAC projects around the world today. American Oriental Petroleum has planned to start the construction of large DAC facilities by the end of 2024, with the goal of capturing 1 million tons of carbon dioxide each year.

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