According to the Canadian Business Daily, a Canadian company recently claimed that the company has developed technologies that can collect carbon dioxide from the atmosphere and convert it into low-carbon fuel in a cost-effective manner.
The article is excerpted as follows:
"We have developed a technology that collects carbon dioxide from the atmosphere and purifies it," said David Keith, the company's co-founder and Harvard professor.
Related technologies can combine carbon with hydrogen and oxygen to produce fuel. Related fuels are produced in Squamish, British Columbia and will be used for heavy transportation (such as ships or aircraft).
"Reducing carbon emissions from heavy transportation facilities is really difficult. We think this is one of the ways ... It can also help provide related environmentally friendly fuels," Keith said.
The company has been testing the technology in its factories, using solar and wind energy, and mixing carbon dioxide with natural gas. In terms of production of low-carbon fuels and technologies for controlling pollutant emissions, there are large markets in various countries. California and the federal government of Canada are all developing clean fuel standards.
Many companies around the world are developing similar carbon collection technologies. Keith said he believes that many companies can achieve their carbon emissions targets on a larger scale.
Glen Peters, director of research at the International Center for Climate and Environmental Research (CICERO), welcomed the additional cost calculation details provided by the company. However, he said that compared with other technologies, the cost of this technology is still relatively high. He is also worried that the technology may divert people's attention to the overall emission reduction efforts.
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