CO2 is present in the air and is absorbed by trees and plants from the atmosphere, but to what extent? With all the trees that are being cut down through deforestation, which is credited to urbanization, the carbon dioxide in the air is increasing. Factories and transportation are releasing greenhouse gases into the environment and increasing the temperature of the planet and melting ice. All of this is due to excess carbon dioxide within the atmosphere. However, someone has found a way to use that to the advantage of the plant – by using the carbon dioxide in the air to create energy. They plan to use CO2, equivalent to that absorbed by 40 million trees in a year.
Carbon Energy, which is backed by billions of dollars of support, has finally been able to gather enough money to start the design process for their negative emissions project. The purpose of the project is to suck the carbon dioxide out of the atmosphere and re-use it to create energy. This facility is based in Calgary, Canada at the moment. The company has been able to raise 68 billion dollars for its project of using carbon dioxide from the air to create energy and is to date the most money raised for technology.
Steve Oldham, the owner of the company believes that besides awareness of environmental change and money, we also need technology to play a part. And he believes technology can play a major role in trying to turn around the environmental disaster that stands ahead of us. Through technology, new and innovative ways can be discovered to fix a problem which seems to have no solution. Through one factory, if 40 million trees worth of carbon dioxide is being used, then with many different factories in different parts of the world, a big change can be brought about in the world.
What the company plans to do is to use the carbon dioxide in the air and create carbon out of the air. The carbon will then be stored under-ground in the 230-acre factory and used to create fuel for different cars. Many different companies, like Chevrolet, might be interested in the company as a way to decrease their carbon footprint.
If big companies start to invest in projects like this and also become their customers, the difference to the environmental crisis the world is facing could be huge. Not only does this open ways for new technology and new ways to help the environment but it is also creating jobs, an alternative way of acquiring fuel and also helping companies reduce their own carbon emissions.