The world’s largest plant designed to suck carbon dioxide out of the air and turn it into rock has started running in Iceland. The plant consists of units made from metal that looks like shipping containers. The current operating capacity for drawing 4000 tonnes of carbon dioxide out of the air every year, which is emissions from 870 cars.
The carbon capture process works as follows – The plant uses fans to draw air into a collector with a filter material inside. Once the filter is filled with carbon dioxide, the collector is closed. The temperature is raised to release the carbon dioxide from the material after which the concentrated gas can be collected. The carbon dioxide is then mixed with water and injected into a depth of 1000 m into the nearby basalt salt where it is mineralized. The carbon dioxide water mixture turns to stone in two years.
However, the process is prohibitively expensive, costing $10-$15 million to build, and would require additional research to make it cost effective and improve efficiency. But these technologies can become a major tool to fight against climate change.
A plan for the world’s most sustainable city has been designed and is expected to welcome its first residents by 2030. Proposed for construction in an undecided desert location in the United States, the city of Telosa is estimated to cost $400 billion and accommodate a population of 5 million.
Air company, which was founded by Australian Gregory Constantine has just won a huge award from none other than NASA! Air Company is a technology, engineering and design-based company in New York that participated (and won) NASA’s CO2 Conversion Challenge with a project that converts CO2 into sugars to create new resources on Mars.
The highly anticipated U.N. climate conference COP26 is at “high risk of failure,” according to U.N. Secretary-General António Guterres. Planned to take place this November in Glasgow, COP26 intends to bring together global leaders to address the climate crisis.
Businesses are problem solvers, but can they solve the climate crisis?
Businesses by nature are problem solvers as they respond to supply, demand needs and wants in their markets. From a sole trader in a small coffee shop to the board of directors at Starbucks, each day brings a unique set of challenges and requires necessary changes.
Return on Investment (ROI) is the term that is thrown around to identify if and when a company’s expenditure will return a profit, either monetarily or non-monetarily. This is based on spending, speculation, expectation and forecasting.
Organics Recycling in your Business 101: How to Properly Recycle Food Waste
Food waste is the elephant in the room. Actually, it is the million-ton elephant in the room! Millions of tons of food go unused in Australia every year and one-third of all food produced around the world is wasted.
As an attempt to capitalise on the growing demand for environmentally sound products, “greenwashers” aim to make their products or services seem healthier, more natural, less wasteful, recyclable, free of chemicals or made of natural resources.