Carbon capture and utilization (CCU) market study research key findings

Carbon capture and utilization (CCU) is needed to get to net-zero carbon emissions; it’s ready for deployment now.
The Inflation Reduction Act signed by President Biden paves the way for $369 billion in clean-energy tax credits and funding for climate and energy programs. This was a monumental accomplishment that will also support critically needed carbon management. A new research report on carbon management from the Global CO2 Initiative reveals how carbon capture and utilization (CCU) is particularly worthwhile because it offers the possibility of making useful and valuable goods from the captured carbon and can hence serve as a profitable complement to other carbon removal and mitigation options.
This research report helps clarify CCU trends and development, as well as points to the most effective and efficient ways in which to grow and implement the CCU industry.
In this webinar, conducted as part of Climate Week NYC 2022, the authors explain key findings of the report. Links to download the materials can be found on the Global CO2 Initiative website:
www.globalco2initiative.org/2...
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Brief Background of the Global CO2 Initiative
2015: Global CO2 Initiative is launched by founder and chairman Bernard David
Vision: CO2 can be captured and transformed into valuable products, contributing to the reduction of atmospheric CO2
Research is commissioned to assess the potential global market for carbon capture and utilization (CCU) products and determines that they could be both climatologically and economically significant
2016: GCI is announced at the annual meeting of the World Economic Forum in Davos, Switzerland, and develops a roadmap to 2030 for the global commercialization of CCU technologies.
2017: GCI begins global harmonization of guidelines for LCA and TEA for CO2 utilization with U. Sheffield, RWTH Aachen, IASS Potsdam, TU Berlin
2018: GCI moves to the University of Michigan
Since 2018, the Global CO2 Initiative supports development of expanded TEA/LCA guidelines, technology development, and education provides briefings and recommendations to US agencies and companies engages in market research and analysis for updated roadmaps for CCU commercialization

[@deepakbhavsar9162]

Nice and informative discussion on the concept of CCU& Carbone capture.

[@yagneshpadvi3224]

Nice session on the concept of CCU& carbone capture.

[@sunitapiyaja9552]

CO2 capture nice and informative session

[@dr.parveenkumar4776]

Nice and Informative session

[@dr.suryakantdalve1418]

Nice Information sir

[@dr.anilkumarsingh272]

Excellent talk. Good concepts for CCU, must be soon implementd to mitigate climate changes

[@dr.tejashshah]

Very Informative session

[@KiritkumarPatel-uq3wr]

Informative lecture sir

[@amitkumar-mz8jy]

Informative lecture

[@bhartisingh2571]

Nice and informative session.

[@kap4088]

Good and very informative lecture Sir

[@alpeshthakor3559]

Good and very informative lecture

[@Azra-iz6xq]

Enriching session, thanks

[@gunjanshah3875]

Very Informative

[@trivedimaheshchandra9200]

Nice lecture

[@dr.nareshmodiya9528]

Good information

[@jitendragajera7622]

Thank you sir

[@leenadave783]

Nice info

[@sunitapiyaja9552]

Thanks sir

[@hirenpatel1406]

Very Useful 41:06

[@anitavasava6128]

Nice

[@kalpesh125]

Good

[@terenceiutzi4003]

Are any of the processes carbon neutral yet?

[@reuseco2]

Some aggregates are. Please take a loot at this publication for more information. www.frontiersin.org/articles/10.3389/fclim.2023.1286588/full?&Email_to_authors_&Email&T1_11.5e1_author&Email_publication&field=&journalName=Frontiers_in_Climate&id=1286588

[@kimlibera663]

I don't buy into the climate effect but I have evaluated the co2 capture & have found it to be very innovative in taking the stuff out of the air right at the plant. One may also derive other secondary products that can be sold at market. Carbon capture should enable the world to retain their fossil fuels because the fact is fossil fuels are more energy dense & more widespread. Solar & wind, while they can contribute, cannot sustain the whole grid. They are not continuous. Battery storage is insufficient as well & China holds most of the rare earths.

[@terenceiutzi4003]

I have read about a lot of different methods of capturing CO2 and the best one I have read about is a 2 step cold chemical process by a Canadian university and they brag that it is almost carbon neutral. So it only adds a little CO2 to our atmosphere!

[@jitendragajera7622]

Necessary of world

[@kimlibera663]

I subscribe to the IEA & the US has led the world in reductions for some time now. I think these new products can only improve those numbers. It should be remarked though that there are 8 billion people on the planet & lots of society. You must retain fossils to meet demand. Rationing will only produced death.

[@sharmilaparaliya6336]

Good information

[@hirenpatel1406]

Very Useful 52:36