Thursday, November 21, 2019

Yes, Carbon-based Products is a Good Business

The Global CO2 Initiative at the University of Michigan aims to identify and pursue commercially sustainable approaches that reduce atmospheric CO2 levels by 4 gigatons/year. We fund and conduct research to transform CO2 into commercially successful products using technology assessment, technology development and commercialization.

Technologies are needed that are carbon negative, reducing the current CO2 footprint of a product, and dollar positive, or economically viable at scale. The combination of these factors will provide an incentive to invest in and deploy new technologies.

The Initiative also assists with economics understanding and the policy levers needed to speed progress of carbon-based product deployment, while gauging public perception of and interest in these products.

As global CO2 emissions continue to accelerate, a diverse set of solutions is critical to reduce, reverse and remove carbon dioxide emissions to prevent further atmospheric warming. Paired with the deployment of renewable energy and energy efficiency products, decarbonization technologies and methods can help achieve global climate goals in this century.


WHY CARBON REMOVAL AND UTILIZATION?

CO2 PRODUCTS AND UTILIZATION

From concrete to plastics, there is a tremendous opportunity for captured and utilized carbon dioxide to reduce emission footprints as well as create market opportunity for critical sectors around the world.
  • Carbon into materials.
  • Carbon into concrete.
  • Carbon into fuels and chemicals
  • Carbon negative, dollar positive.

CONSTRUCTION MATERIALS
  • Cement and concrete
  • Asphalt
  • Aggregate
  • Timber/super hardwood

INDUSTRIAL FLUIDS
  • Enhanced oil recovery
  • Enhanced coal bed methane recovery
  • Enhanced water recovery
  • Semiconductor fabrication
  • Power cycles

FUELS
  • Synthetic (methanol, butanol, natural gas, syngas, etc.)
  • Micro-algae fuel
  • Macro-algae fuel

PLASTICS
  • Polyurethene foams
  • Polycarbonate (glass replacement)
  • Acrylonitrile butadiene styrene
  • Many more

CHEMICALS
  • Preservatives (formic acid)
  • Medicinal
  • Antifreeze (ethylene glycol)
  • Carbon black
  • Many more

NEW MATERIALS
  • Carbon fiber
  • Carbon nanotubes and fullerenes
  • Graphene

AGRICULTURE & FOOD
  • Algae-based food or animal feed
  • Microbial fertilizer
  • Biochar, bio-pesticides, and bio-cosmetics


Advertisement

The 10 largest coal producers and exporters in Indonesia:

  1. Bumi Resouces
  2. Adaro Energy
  3. Indo Tambangraya Megah
  4. Bukit Asam
  5. Baramulti Sukses Sarana
  6. Harum Energy
  7. Mitrabara Adiperdana 
  8. Samindo Resources
  9. United Tractors
  10. Berau Coal