Sucking up CO2Giant carbon-sucking vacuums.
Big Picture
It’s too late to limit global warming simply by reducing emissions. Preventing runaway temperature rise will require removing carbon from the air. One way to do this is through direct air capture, which involves sucking up ambient CO₂ from the atmosphere. This carbon in turn can be buried underground, used for industrial processes, or become a feedstock for synthetic fuels and other chemicals.
How it Works
Carbon Engineering’s direct air capture technology uses large turbines to pull in air and extract CO2 through a series of chemical reactions, compressing a geological process from millions of years to just a few hours. They are currently building a facility capable of removing upward of one million tons of CO2 per year for geologic storage and better building materials.
Unfair Advantage
What sets them apart from other DAC efforts is that their technology was developed to be highly scalable and affordable. Their plant is built using modular components and processes from other industries combined with their proprietary IP. Their tech provides a variety of solutions for multiple markets, including ultra-low carbon fuels, and carbon removal credits.
04
Gigatons of CO2
potentially removed by 2050
DANIEL FRIEDMANN CEO
Daniel previously spent nearly four decades as an executive at robotics and space manufacturing company MDA.
KERRI L. FOX CFO
Kerri has more than 20 years of finance and corporate growth experience as a project finance banker, financial advisor, board member and lawyer.
SUSAN KOCH COO
Susan is a finance veteran in pre-commercial alternate energy/clean technology companies, with over 30 years’ experience as a CPA and CFO.
Occidental, 1PointFive to begin construction of the world’s largest direct air capture plant in the Texas Permian Basin
Carbon Engineering
1PointGive announces agreement with Airbus for the purchase of 400,000 tonnes of carbon removal credits
Carbon Engineering
How carbon-sucking machines could cut aviation emissions
MIT Technology Review
A tiny tweak in California law is creating a strange thing: carbon-negative oil
Quartz