FAQ
Q. What is carbon capture and manufacture?
A. Carbon Capture and Manufacture (CCM) is an alternative strategy to Carbon Capture and Storage (CCS) for reducing atmospheric CO2 and for monetising natural gas, post combustion and atmospheric CO2.
Q. How does Carbon capture relate to carbon utilisation?
A. CCM is the product branch of the broader Carbon Capture Utilisation & Storage (CCUS) market, as defined by the International Energy Agency, which also includes utilisation processes, such as Enhanced Oil Recovery.
Q. How much carbon dioxide do we emit each year?
A. According to the International Energy Agency, the global total for CO2 emissions was 33.1 billion tonnes in 2018 a rise of 1.7% of the previous year. This does not include all greenhouse gas emissions. 87% of all human-produced carbon dioxide emissions come from the burning of fossil fuels such as coal natural gas and oil.
Q. How would the price of fuel (petrol, diesel, aviation gas) made from CO2 compare to fossil sourced fule?
A. At the present time production of Synfuels (ie liquid fuels made from CO2 and hydrogen derived from renewable energy) is a complex and expensive process. However with production economies of scale and future anticipated large reductions in energy prices, costs of synfuels in the future are predicted to range in the $1.00 to $1.50 (US) per litre excluding excise charges.
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