The FootPrint Coalition is reporting on a startup working on carbon storage.
Canadian startup CO2 Lock has raised $1.1 million in seed funding to advance its novel carbon capture, storage, and utilization process known as carbon mineralization. This process involves reacting rocks, particularly those containing brucite, with carbon in the air to form solid minerals that can be utilized or permanently stored underground. In British Columbia alone, ultramafic rocks have the potential to sequester 56 gigatons of CO2, which is significant considering the current shortfall in global carbon capture targets. CO2 Lock's approach includes three methods: ex-situ water mineralization for agricultural and forestry use, ex-situ processed materials for industrial applications, and in-situ CO2 injection for permanent underground storage. The startup's technique, which capitalizes on the rapid reaction of brucite with CO2, offers a potential solution to significantly increase global carbon capture and contribute to achieving net zero emissions by 2050. CO2 Lock plans to use the seed funding for further fieldwork and sample collection, with pilot-plant trials scheduled for 2024 and a commercial project expected by 2026.
Source: The FootPrint Coalition
https://www.footprintcoalition.com/post/research-shows-carbon-mineralization-can-store-800-years-of-emissions-this-startup-is-testing-that
(This article was written with assitance from ChatGPT)
Canadian startup CO2 Lock has raised $1.1 million in seed funding to advance its novel carbon capture, storage, and utilization process known as carbon mineralization. This process involves reacting rocks, particularly those containing brucite, with carbon in the air to form solid minerals that can be utilized or permanently stored underground. In British Columbia alone, ultramafic rocks have the potential to sequester 56 gigatons of CO2, which is significant considering the current shortfall in global carbon capture targets. CO2 Lock's approach includes three methods: ex-situ water mineralization for agricultural and forestry use, ex-situ processed materials for industrial applications, and in-situ CO2 injection for permanent underground storage. The startup's technique, which capitalizes on the rapid reaction of brucite with CO2, offers a potential solution to significantly increase global carbon capture and contribute to achieving net zero emissions by 2050. CO2 Lock plans to use the seed funding for further fieldwork and sample collection, with pilot-plant trials scheduled for 2024 and a commercial project expected by 2026.
Source: The FootPrint Coalition
https://www.footprintcoalition.com/post/research-shows-carbon-mineralization-can-store-800-years-of-emissions-this-startup-is-testing-that
(This article was written with assitance from ChatGPT)