Three startup companies led by prominent scientists are working on new technologies to remove carbon dioxide from the atmosphere. These scientists have launched start-up companies and attracted well-to-do investors — most notably Bill Gates — along with venture capital and, most recently, the attention of Wall Street. [more inside]
Sucking CO2 out of the air has long been a holy grail for solving global warming; Richard Branson has promised $25m to anyone who succeeds. Of course it's already been done, but the amount of energy required doesn't make it net carbon positive. Now a team in Arizona, led by Klaus Lacknet under the company of Global Research Technologies, says it has made a significant breakthrough that massively reduces the amount of energy required - the "project has reached the stage where it is quite clear we can do it." The planned prototype, which will be finished in two years, will cost $200,000 USD, be smaller than a shipping container and be capable of eliminating around 1 ton of CO2. Even if it works many hurdles remain but it portends a cooler future for air-capture technology.