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Tag: Print

Carbon Engineering’s Licenses To Print Money

October 9, 2020
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| money

First Direct Air Capture plant in the Permian Basin, Texas

A rendering of the engineering plans for the first industrial-scale Direct Air Capture (DAC) … [+] facility in Texas. This is not an artist’s representation, but represents over 25,000 engineering man-hours’ worth of plans.

1PointFive.com

Carbon Sequestration-as-a-Service (CSaaS) can make “Carbon-free Shopping” as ubiquitous as “Free Shipping” is today, but to do so, a lot of infrastructure needs to get built. The football field-sized plants that pull CO2 out of the air for sequestration or reuse air don’t appear with the wave of a hand. Someone has to fund, plan, build, and operate them.

With all due respect to Mr. Software-is-eating-the-world, Marc Andreesen, a cool app can’t cool the planet. Software may be part of the solution, but software alone just doesn’t cut it – a new physical infrastructure must be developed.

That means building hard assets.

The absolute necessity for a hard asset build-out is why the other two

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Thai Petrochemicals Giant to Add Green Power to Cut Carbon Print

October 9, 2020
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| business

(Bloomberg) — Indorama Ventures Pcl, the world’s top producer of material used in plastic bottles and polyester, plans to quadruple its use of renewable energy over the next decade as part of efforts to lower greenhouse gas emissions.

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The Bangkok-based company will increase solar, wind and other renewable energy sources at its more than 120 manufacturing facilities worldwide to 30% of it power bill in 2030, said Chief Sustainability Office Yash Lohia. That’s an increase from 6%, he said, adding the move will help the company’s efforts to reduce its carbon footprint.

“We are going to install more solar panels at our facilities in Thailand, India and many other countries,” Lohia, the 33-year-old son of Indorama’s billionaire founder Aloke Lohia, said in an interview Tuesday. “We will also buy more clean energy from other developers to demonstrate our effort to reduce greenhouse gas emissions.”

Thai power producers including

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