{"id":17350,"date":"2024-12-29T13:18:32","date_gmt":"2024-12-29T13:18:32","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?p=17350"},"modified":"2025-02-05T09:22:09","modified_gmt":"2025-02-05T09:22:09","slug":"carbontech-p1","status":"publish","type":"post","link":"https:\/\/innovationisrael.org.il\/en\/carbontech-p1\/","title":{"rendered":"CarbonTech \u2013 Part One"},"content":{"rendered":"\n
<\/p>\n\n\n\n
CarbonTech is a broad term encompassing a range of technologies to prevent greenhouse gas emissions, specifically carbon dioxide (CO\u2082), and remove it from the atmosphere. According to PitchBook<\/a>, the CarbonTech field can be roughly divided into two main categories: removing CO\u2082 from the atmosphere and creating products with a reduced carbon footprint compared to standard products. Additionally, there is significant growth in the areas of carbon management, monitoring, and fintech activities related to CO\u2082 emissions.<\/p>\n<\/div> It is worth noting that the term “CarbonTech” is sometimes used to describe a narrower vertical, focusing solely on technologies for utilizing carbon dioxide as a raw material in various industries (carbon utilization). However, in this review we adopt the broader definition.<\/p>\n\n\n\n In September 2022, we published a review on carbon capture<\/strong>, providing an overview of the entire CarbonTech field. Given the growing interest and activity in this sector, it was decided to revisit the topic of carbon and publish an additional, more comprehensive review presenting updated information.<\/p>\n\n\n\n The objectives of this review are:<\/p>\n\n\n\n In 2015, the Paris Agreement<\/a> was signed, committing all countries to keeping global temperature rise below 2\u00b0C above the historical average, with an aspirational target of limiting the increase to 1.5\u00b0C. Achieving this goal requires reaching climate neutrality (Net Zero) by 2050, meaning global emissions must be reduced as close to zero as possible while removing an equivalent amount of carbon from the atmosphere to prevent further greenhouse gas accumulation.<\/p>\n\n\n\n <\/p>\n<\/div> Carbon Capture at the Emission Source refers to technologies used by power plants and polluting industrial facilities to capture CO\u2082 emitted from industrial processes.<\/p>\n\n\n\n There are four main methods<\/a> for carbon capture from industrial facilities:<\/p>\n\n\n\n This technology is at an advanced Technology Readiness Level (TRL) and is widely utilized, primarily in fossil fuel plants. It separates carbon dioxide (CO\u2082) from other gases after combustion. However, this method has a significant drawback: it incurs high energy costs, as CO\u2082 typically makes up only a tiny percentage of the emitted gases. The addition of a post-combustion carbon capture facility increases energy consumption per megawatt of electricity by an average of 16% and raises electricity costs by approximately 50%. This method is based on hydrogen production techniques that are widely used commercially. It is suitable for carbon capture in power plants and is primarily implemented in coal-fired plants for economic reasons. In this process, the primary fuel undergoes partial oxidation or steam reforming to produce hydrogen gas and carbon monoxide. The carbon monoxide reacts with steam in the power plant to form CO\u2082, which is separated and transported for storage. Electricity is then generated by burning the hydrogen gas in an emission-free process.<\/p>\n<\/div>\n<\/div>\n\n\n\n This method involves burning fuels in an environment with a very high oxygen concentration (95%-99% by volume). In this environment, fuel combustion primarily releases CO\u2082 and water vapor into the air, along with low concentrations of particulates, sulfur, and nitrogen oxides. After filtering out the low-concentration components, the remaining gas is cooled until the water vapor condenses. The result is an almost pure stream of CO\u2082, which can be compressed and transported for storage. This method is in the early demonstration stages.<\/p>\n<\/div>\n\n\n\n Industrial separation is a general term for various carbon capture methods used in cases where CO\u2082 is emitted from industrial and chemical processes rather than energy production through fuel combustion. This term encompasses different technologies tailored to various industries, such as steel and aluminum production, concrete, or ammonia. Depending on the specific industrial process, capture methods similar to those described here can be adapted, with the difference being the source of the captured carbon.<\/p>\n<\/div>\n<\/div>\n\n\n\n CO\u2082 must be separated from other gases after capturing it, using any of the four methods.<\/p>\n\n\n\n The main separation methods are<\/a>:<\/p>\n\n\n\n <\/p>\n\n\n\n Absorption systems rely on a chemical or physical reaction between CO\u2082 and a liquid solvent, causing the gas to dissolve into the liquid. Later in the process, the product can be heated to separate the CO\u2082 from the solvent, allowing the solvent to be reused. Absorption systems have been applied industrially for decades, though new physical and chemical solvents are under development and have lower TRL levels emerging.<\/p>\n<\/div>\n\n\n\n Membranes of various types are used to separate CO\u2082 molecules from other molecules. The complexity and efficiency of these systems depend on the type of membrane and the number of membranes employed. Since membrane separation partially relies on the concentration gradient across the membrane, this method is particularly effective in pre-combustion systems, where CO\u2082 concentration in the emission gas is high.<\/p>\n<\/div>\n\n\n\n Adsorption is when gas molecules adhere to a solid surface due to a chemical or physical reaction. Various adsorption-based methods exist at different TRL levels, depending on the properties of the adsorbent material, its suitability for different capture methods, and its application in multiple industries. To implement adsorption on a commercial scale, large-scale production of the adsorbent material is required, as well as solutions to address the material\u2019s reduced ability to adsorb and release CO\u2082 over time.<\/p>\n<\/div>\n<\/div>\n\n\n\n This method relies on high-pressure cooling to produce liquid CO\u2082. Its advantage lies in separating 99.99% of CO\u2082 with near-perfect purity. However, the process is not economically viable due to its high energy cost. Low-TRL developments are exploring hybrid approaches that combine cryogenic cooling with other methods. Pilot projects also apply cryogenic cooling in the concrete industry, which emits exceptionally high volumes of CO\u2082.<\/p>\n<\/div>\n\n\n\n This innovative technology is in the early pilot stages (TRL 5-6). It is designed for facilities burning fuel. Instead of oxidizing the fuel with air, which mixes CO\u2082 emissions with other gases, the fuel is oxidized using a solid (typically metal oxide). This closed process produces only water vapor and CO\u2082. By cooling, the water vapor can be condensed, resulting in a pure CO\u2082 stream.<\/p>\n<\/div>\n\n\n\n This technology is in the pilot stages (TRL 6-7). It is based on the use of calcium carbonate (CaCO\u2083). Calcium carbonate is heated in one chamber (the calcifier) until it decomposes into CO\u2082 and CaO. The CO\u2082 stream is separated, and the CaO is transferred to a second chamber (the carbonator), where it reacts with CO\u2082 in the exhaust gas to form calcium carbonate. The calcium carbonate is then returned to the first chamber and decomposed into a clean CO\u2082 stream and calcium oxide.<\/p>\n<\/div>\n<\/div>\n\n\n\n Unlike carbon capture technologies, which focus on capturing CO\u2082 at emission sources where its concentration is relatively high, Carbon Dioxide Removal (CDR) technologies aim to reduce the concentration of CO\u2082 already present in the atmosphere through various technological means. These methods face a physical challenge due to the low concentration of CO\u2082 in the atmosphere (approximately 0.04%, compared to tens of percent in power plant flue gases and industrial facilities).<\/p>\n\n\n\n CDR technologies can be categorized in two primary ways:<\/p>\n\n\n\n For a comprehensive overview of existing CDR methods classified by these categories, see the World Resources Institute report<\/a> State of Climate Action 2022<\/em>, page 134. Since this review focuses on technological approaches, the following sections will detail the main engineered methods without delving extensively into natural methods.<\/p>\n\n\n\n According to the IEA, as of April 2022, there were 18 active DAC (Direct Air Capture) facilities globally, most of which are small-scale. The largest, located in Iceland and operated by the Swiss company Climeworks<\/a>, captures 4,000 tons of CO\u2082 annually and stores it through mineralization. The world\u2019s first large-scale DAC facility, designed to remove one megaton of CO\u2082 per year, is under construction in the U.S. in partnership with Carbon Engineering<\/a> and is expected to be operational mid-decade. Another leading company, Global Thermostat<\/a>, is establishing facilities in Chile. The two most advanced DAC methods are solid DAC (S-DAC), based on adsorption, and liquid DAC (L-DAC), based on absorption. Other DAC methods currently at lower TRL levels include membranes and ESA (Electro Swing Adsorption), which uses an electrode that adsorbs CO\u2082 when negatively charged and releases it when positively charged.<\/p>\n\n\n\n The primary challenge of DAC lies in its high cost due to the deficient concentration of CO\u2082 in the atmosphere, which requires significant energy for separation. The price of removing a ton of CO\u2082 in commercial-scale facilities (which do not yet exist) remains unclear, with estimates ranging from $100 to $1,000 per ton. The final cost of these technologies will largely determine their scale of implementation.<\/p>\n\n\n\n BECCS is a specific sub-technology for capturing carbon emitted from bioenergy production. Conceptually, BECCS offers an energy source with a negative carbon footprint. During biomass growth, atmospheric CO\u2082 is fixed in the plants, which is then burned to generate energy at facilities equipped with carbon capture to prevent the carbon from re-entering the atmosphere. This process theoretically allows for simultaneous energy production and carbon removal.<\/p>\n\n\n\n Due to this theoretical potential, many organizations anticipate extensive BECCS deployment in achieving net-zero CO\u2082 emissions. For example, IEA models<\/a> suggest that by 2030, 190 megatons of CO\u2082 will need to be removed annually using this technology. However, actual deployment falls short of this target, with facilities expected to reach only 50 megatons annually by 2030, based on operational or under-construction projects.<\/p>\n\n\n\n Key players in the BECCS market include Orsted, a large project developer in Denmark<\/a>, and multiple Drax projects under construction<\/a> in the UK. However, environmental organizations and researchers caution <\/a>that BECCS’s climate benefits depend on sourcing biomass in ways that do not harm ecosystems or degrade soil.<\/p>\n\n\n\n Weathering is a natural process in which rocks break down into their constituent minerals and dissolve in water. Carbonic acid, formed when atmospheric CO\u2082 dissolves in water, contributes to natural weathering. This carbonic acid reacts with minerals in the rock, naturally sequestering carbon. This process occurs over very long timeframes. Enhanced Weathering<\/strong> is a proposed technology aimed at accelerating this natural process through various means, such as spreading powdered minerals to increase dissolution rates compared to natural rock formations.<\/p>\n<\/div>\n\n\n\n A significant portion of atmospheric CO\u2082 dissolves in the oceans, forming carbonic acid and bicarbonate, contributing to ocean acidification. The chemical equilibrium among several reactions determines the concentration of carbon in its various forms in the oceans. Theoretically, increasing ocean pH by introducing a primary substance could trigger an acid-base reaction to neutralize some of the carbonic acid, shifting the ocean’s chemical equilibrium to produce more carbonic acid from dissolved CO\u2082, thereby pulling additional CO\u2082 from the atmosphere. This technology is currently in early research stages, and its practical feasibility remains uncertain.<\/p>\n<\/div>\n\n\n\n Phytoplankton, microscopic organisms, form the foundation of the oceanic food chain. Through photosynthesis, phytoplankton generate energy while fixing CO\u2082. The growth and carbon fixation capacity of phytoplankton depends on the water’s availability of nutrients such as iron, nitrogen, and phosphorus. It has been proposed that adding these nutrients to ocean waters could stimulate phytoplankton growth, increasing biomass production. This biomass would eventually sink to the ocean floor, where the carbon could be sequestered for the long term. However, studies in this field have yielded mixed results, and the scalability and viability of this approach remain unclear.<\/p>\n<\/div>\n<\/div>\n\n\n\n Before CO\u2082 can be stored or utilized, it must be transported to the designated site. The main options for CO\u2082 transportation are via gas pipelines or by cooling the gas into a liquid state for shipment via ships or trucks. Pipeline transport requires significant infrastructure investment but becomes cost-effective post-construction, whereas shipping or trucking CO\u2082 demands substantial energy for cooling. These transportation methods are already widely implemented in the industry for other gases, such as natural gas, and thus require minimal technological innovation. The most promising potential for CO\u2082 storage lies underground in geological formations with high permeability (e.g., porous rock allowing the entry of gases or liquids). Geological storage is estimated to exceed one trillion tons of CO\u2082<\/a>. Viable storage sites include depleted oil and gas wells, saline aquifers, and basalt rock formations. Of these, saline aquifer storage is the most widely used in operational facilities, while the others are still in various development and pilot phases. Large-scale geological storage will not occur without government subsidies or regulatory mandates requiring polluting companies to capture and store their emissions. This is because CO\u2082 storage does not inherently generate demand. Consequently, recent years have seen substantial R&D efforts to create markets for CO\u2082-derived products. The goal is to incentivize carbon capture by creating valuable products that reduce atmospheric CO\u2082 concentrations. This sector appeals<\/a> to technological entrepreneurs and venture capital investors due to its dual potential: practical product creation and climate benefits. However, the climate impact of CO\u2082 utilization depends on the product type and its lifecycle emissions. For example, synthetic fuels made from CO\u2082 could achieve net-zero emissions, but burning the fuel would ultimately re-release the captured CO\u2082. Several industries currently utilize <\/a>CO\u2082. The largest is the fertilizer industry, where CO\u2082 produces urea from ammonia. The second-largest is the oil and gas industry, which uses CO\u2082 to enhance oil well productivity in Enhanced Oil Recovery (EOR). In this process, CO\u2082 is compressed and injected into oil wells to “push out” more crude oil, thereby increasing production. This method provides permanent CO\u2082 storage, but its environmental benefit is debated because it results in the extraction of additional fossil fuels, which emit CO\u2082 upon combustion. However, it can be argued that since the oil would be extracted regardless, using CO\u2082 for EOR is preferable to other methods for increasing oil well efficiency, such as water injection or chemical processes that do not involve carbon sequestration.<\/p>\n\n\n\n Other industries that use smaller quantities of CO\u2082 include the food and beverage industry (for carbonation). Additional potential applications for CO\u2082 include its use as a refrigerant and to enhance agricultural yields in greenhouses or algae cultivation ponds (increased CO\u2082 concentrations in the air boost the rate of photosynthesis).<\/p>\n\n\n\n In addition to the direct uses of CO\u2082 in the industries above, there are indirect uses where CO\u2082 is processed chemically to create other materials with industrial value. These indirect uses are concentrated in three primary industries:<\/strong><\/p>\n\n\n\n In 2020, the UK government announced a \u00a3100 million investment in a competition for companies proposing greenhouse gas removal solutions. The competition was conducted in two stages, with companies<\/a> selected for the second stage announced in July 2022. The winning companies in the second stage are required to complete their projects by March 2025.<\/p>\n<\/div>\n<\/div>\n\n\n\n This is a pre-purchase commitment initiative for carbon capture credits totaling over $1 billion, involving multiple companies and led by Google, Meta, Shopify, McKinsey, and Stripe. It is not an investment fund but an advanced market commitment.<\/p>\n\n\n\n Frontier aggregates purchase commitments from numerous companies, screens firms offering atmospheric carbon removal through various methods, and commits to buying credits from them at a set price. This provides innovative R&D companies with a guaranteed market, simplifying funding for the infrastructure required for carbon capture.<\/p>\n<\/div>\n\n\n\n The Xprize organization<\/a> awarded a $100 million competition to a company that demonstrated a method for capturing at least 1,000 tons of carbon annually from the atmosphere or oceans, with a roadmap for capturing gigatons in the future.<\/p>\n\n\n\n <\/p>\n\n\n\n This review examined technologies focused on carbon capture, storage, and utilization, addressing two distinct areas:<\/p>\n\n\n\n Various technologies facilitating point-source carbon capture and atmospheric CO\u2082 removal were reviewed. Carbon capture technologies are generally at a more advanced technology readiness level (TRL) and are widely implemented globally today.<\/p>\n\n\n\n Carbon capture and removal technologies are critical tools for mitigating the adverse effects of climate change. Their disruptive potential is high,<\/strong> with point-source carbon capture technologies particularly important for industries where CO\u2082 emissions are exceptionally challenging to reduce (e.g., cement and steel industries). Atmospheric CO\u2082 removal technologies could enable adherence to the Paris Agreement goals (limiting global warming to 2\u00b0C or preferably 1.5\u00b0C) despite rising global greenhouse gas emissions since its adoption in 2015. According to the IPCC’s 2022 report, all scenarios for limiting warming to 1.5\u00b0C require some atmospheric CO\u2082 removal using technological methods.<\/p>\n\n\n\n Both storage and utilization have advantages and disadvantages. Utilizing CO<\/strong>\u2082<\/strong> produces substitute products already in demand, such as polymers and chemicals<\/strong>, but some captured CO\u2082 might eventually be released back into the atmosphere during product use. Geological CO<\/strong>\u2082<\/strong> storage offers vast potential capacity worldwide. It enables long-term sequestration,<\/strong> but creating a market where companies are willing to pay for CO\u2082 storage may require regulatory action mandating or incentivizing this approach<\/strong>.<\/p>\n\n\n\n There has been notable growth in the CarbonTech field in recent years<\/strong>. Governments and private companies worldwide have invested in innovative atmospheric CO\u2082 removal methods as part of their climate commitments. As of the end of 2023, 15 Israeli companies have been identified in this sector, compared to only six in a review conducted during 2022. Many of these companies were established during 2022-2023<\/strong> , and some existing companies, such as Groundworks Bioag<\/a><\/strong> and Bluegreen Water Technologies<\/a><\/strong> , have entered the CarbonTech field in addition to their previous activities.<\/strong><\/p>\n\n\n\n Israel also has two forums focusing on CarbonTech:<\/strong> the Israeli Academic Forum<\/a> for Carbon Fixation and Climate Net<\/a>, the Israeli Carbon Fixation Community. Considering the rapid growth of this field in recent years and regulatory trends in Europe, North America, and Asia, the companies and investors pioneering carbon capture, storage, and utilization technologies are expected to lead the market.<\/p>\n\n\n\n * All information provided in this article is correct as of the date of writing and according to the data available to the author. The Innovation Authority or anyone on its behalf is not responsible for the accuracy, truthfulness, and precision of the data, in whole or in part. The article is published for the public\u2019s benefit, and no commercial use should be made of it, including for its sale, distribution, or presentation.<\/a><\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Technologies for Carbon Capture, Storage, Utilization, and Removal from the Atmosphere CarbonTech is a broad term encompassing a range of technologies to prevent greenhouse gas emissions, specifically carbon dioxide (CO\u2082), and remove it from the atmosphere. According to PitchBook, the CarbonTech field can be roughly divided into two main categories: removing CO\u2082 from the atmosphere […]<\/p>\n","protected":false},"author":13,"featured_media":17755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[317,1],"tags":[],"writer":[88],"class_list":["post-17350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-reviews","category-uncategorized","writer-israel-innovation-authority-2"],"acf":[],"yoast_head":"\n<\/figure><\/div>\n\n\n\n
The Main Chapters of the CarbonTech Field, as Detailed in This Review:<\/strong><\/p>\n\n\n\n Carbon Capture<\/strong>
Technologies for reducing or preventing carbon emissions. These are already being implemented globally.<\/p>\n\n\n\n Carbon Removal<\/strong>
Technologies aimed at removing CO\u2082 already emitted into the atmosphere. These are in the early development and pilot stages.<\/p>\n\n\n\n Carbon Storage & Utilization<\/strong>
Technologies for storing or utilizing captured\/removed CO\u2082. These are at various stages of development.<\/p>\n\n\n\n Monitoring, Management, and Tracking of Carbon<\/strong>
Technologies for tracking and monitoring processes within the other segments. These will be discussed in a separate review.<\/p>\n\n\n\n
<\/p>\n\n\n\n\n
<\/h1>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Carbon Technologies as a Climate Disruptor<\/h2>\n<\/div>\n<\/div>\n\n\n\n
<\/figure><\/div>\n\n\n\n
Two main arguments underline the importance of carbon capture in achieving climate neutrality:<\/strong><\/p>\n\n\n\n\n
<\/h1>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Carbon Capture at the Emission Source \u2013
Main Technologies<\/h2>\n<\/div>\n<\/div>\n\n\n\n1. Post-Combustion Capture<\/strong><\/h3>\n\n\n\n
<\/p>\n<\/div>\n\n\n\n2. Pre-Combustion Capture<\/strong><\/h3>\n\n\n\n
3. Oxy-Fuel Combustion<\/strong><\/h3>\n\n\n\n
4. Industrial Separation<\/strong><\/h3>\n\n\n\n
Absorption<\/strong><\/h3>\n\n\n\n
Membranes<\/strong><\/h3>\n\n\n\n
Adsorption<\/strong><\/h3>\n\n\n\n
Cryogenic Cooling<\/strong><\/h3>\n\n\n\n
Chemical Looping<\/strong><\/h3>\n\n\n\n
Calcium Looping<\/strong><\/h3>\n\n\n\n
<\/h1>\n\n\n\n
<\/p>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Carbon Dioxide Removal (CDR)<\/h2>\n<\/div>\n<\/div>\n\n\n\n
\n
The intuitive approach to reducing atmospheric CO\u2082 concentrations is to remove the gas directly from the atmosphere. However, about a quarter of CO\u2082 emissions are absorbed by the oceans. Removing some carbon from the oceans could lead to additional CO\u2082 absorption from the atmosphere. Thus, some CDR methods do not remove CO\u2082 from the atmosphere but instead target the oceans<\/strong>.
<\/li>\n\n\n\n
Many companies are developing engineered methods to separate CO\u2082 from the atmosphere or oceans. Simultaneously, CDR has significant potential through “natural technologies” such as trees, wetlands, and algae.<\/li>\n<\/ol>\n\n\n\n
<\/h1>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Engineering-Based Carbon Dioxide Removal Methods<\/h2>\n<\/div>\n<\/div>\n\n\n\n
DACCS \u2013 Direct Air Capture with CCS (TRL 6<\/a>)<\/h3>\n\n\n\n
<\/p>\n\n\n\n BECCS \u2013 Bioenergy with CCS (TRL 5-6<\/a>)<\/h3>\n\n\n\n
<\/p>\n\n\n\nEnhanced Weathering<\/strong>
TRL 3-4<\/strong><\/a><\/h4>\n\n\n\nOcean Alkalinization<\/strong>
TRL 1-2<\/strong><\/a><\/h4>\n\n\n\nOcean Fertilization<\/strong>
TRL 1-2<\/strong><\/a><\/h4>\n\n\n\n
<\/h1>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Transportation, Storage, and Utilization of Carbon Dioxide<\/h2>\n<\/div>\n<\/div>\n\n\n\n
CO\u2082 Transportation:<\/h3>\n\n\n\n
Several existing CO\u2082 transport infrastructures, such as the ACTL <\/a>pipeline in Alberta, Canada, serve as examples. This 240-kilometer pipeline<\/a> collects CO\u2082 from regional facilities for use in the oil industry. It currently transports 1.6 million tons of CO\u2082 annually and has a potential capacity of 14.6 million tons.<\/p>\n\n\n\n
<\/p>\n\n\n\n Geological Storage:<\/h3>\n\n\n\n
Challenges to large-scale CO\u2082 storage include costs, infrastructure needs, and international cooperation since storage potential is unevenly distributed globally. Many required technologies already exist in the oil and gas industry. According to the U.S. Department of Energy (DOE)<\/a>, over 100 active or planned CCS projects worldwide focus on CO\u2082 storage. Notable activity hubs include the North Sea, with significant projects led by Denmark<\/a>, Norway<\/a>, and other countries.<\/p>\n\n\n\n
<\/p>\n\n\n\n CO\u2082 Utilization:<\/h3>\n\n\n\n
Thus, CO\u2082 utilization complements geological storage, supporting the carbon market rather than replacing<\/a> long-term storage solutions.<\/p>\n\n\n\n
<\/h1>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Direct and Indirect Uses of CO\u2082<\/h2>\n<\/div>\n<\/div>\n\n\n\n
Direct Uses of CO\u2082<\/h3>\n\n\n\n
<\/p>\n\n\n\n Indirect Uses of CO\u2082<\/strong><\/h3>\n\n\n\n
\n
<\/li>\n\n\n\n
<\/li>\n\n\n\n
<\/p>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Examples of Investments and Facilities Worldwide<\/h2>\n<\/div>\n<\/div>\n\n\n\n
<\/a><\/p>\n\n\n\nGovernmental Investments:<\/h2>\n\n\n\n
<\/p>\n\n\n\n
European Union<\/h3>\n\n\n\n
There are two main avenues for supporting CCS and CDR in the European Union:<\/p>\n\n\n\n\n
United States \u2013
$3.5 Billion for CDR<\/h3>\n\n\n\n\n
United Kingdom \u2013
GGR Competition<\/h3>\n\n\n\n
Private Investments:<\/h2>\n\n\n\n
<\/p>\n\n\n\n
Frontier:<\/h3>\n\n\n\n
Xprize Carbon:<\/h3>\n\n\n\n<\/figure>\n<\/div>\n<\/div>\n\n\n\n
<\/p>\n\n\n\n<\/figure>\n<\/div>\n\n\n\n
Summary and Conclusions<\/h2>\n<\/div>\n<\/div>\n\n\n\n
\n
After CO\u2082 is captured or removed from the atmosphere, two main pathways are available:<\/strong><\/p>\n\n\n\n\n
<\/p>\n\n\n\n
\n\n\n\n
<\/a><\/p>\n\n\n\n