Collecting CO2 from the world’s smokestacks is hard enough. It’s vodka, made without any potatoes or grains, and the key ingredients are hydrogen and captured carbon dioxide. This system releases carbon dioxide, which can be recycled back into the production of more energy in the form of electricity. Among the 116 action plans the IPCC considered to keep Earth below the 2-degree threshold, all but 15 include carbon capture and storage. The companies that developed them are among 10 recently chosen as finalists to prove the commercial viability of their carbon recycling and repurposing technologies in the NRG Cosia Carbon X Prize. IKEA has a goal to use 100 percent recyclable or recycled materials in all its plastic products, said in March that it has had trouble finding adequate amounts of "clean recycled materials," which has slowed the transition. To address this problem, people have invented technologies that convert captured CO2 into new products. Transitioning from fossil fuels to renewable energy is good climate policy, but it won’t be enough to keep global temperatures from rising by more than 2 degrees Celsius and bringing catastrophic climate change. This startup from Calgary, Canada, has developed a process that combines CO2 with waste products, such as fly ash left over from burning coal or petroleum coke, to create nanoparticles that can be used as additives for concrete, plastic and coatings to enhance performance and increase efficiency, according to the company. What can be made from captured carbon? By using our website you consent to all cookies in accordance with our updated Cookie Notice. Using nanoparticles made with captured CO2 not only keeps those emissions from entering the atmosphere, but reduces the need to consume expensive, carbon-intensive traditional materials such as plastics and concrete. A weekly update of what’s on the Global Agenda, Explore the latest strategic trends, research and analysis, Anna Middleton, Mavis Machirori, Jenniffer Mabuka-Maroa, and Tiffany Boughtwood, Intergovernmental Panel on Climate Change, chart a course away from catastrophic climate change by the end of the century, Bill Gates is backing a plan to turn CO2 into fuel, Why this Danish city is rebuilding itself out of recycled rubble, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, Centre for the Fourth Industrial Revolution, Schwab Foundation for Social Entrepreneurship. Using nanoparticles made with captured CO2 not only keeps those emissions from entering the atmosphere, but reduces the need to consume expensive, carbon-intensive traditional materials such as plastics and concrete. The process costs less than traditional carbon nanofiber manufacturing, such as chemical vapor deposition or polymer pulling, the company said. Formaldehyde. Covestro already successfully uses carbon dioxide as a raw material. This article is published in collaboration with, The World Economic Forum COVID Action Platform, Protecting 30% of the planet by 2030 – securing our life support system. This research team from Bangalore, India, is developing an artificial photosynthesis process to convert CO2 into methanol, a key feedstock and fuel. Naturehas today published the most comprehensive study to date investigating the potential future scale and cost of ten different ways to utilise CO2, including fuels and chemicals, plastics, building materials, soil management and forestry. Products: Nanoparticles for plastics, concrete and coatings. C4X uses captured CO2 to produce methanol, ethylene glycol, and bio-composite foamed plastics. Carbon Dioxide. Large-scale "negative emissions" — the vacuuming up of carbon dioxide emissions that continue to spew into the atmosphere from industrial smokestacks — will be necessary, according to the most recent report by the United Nations Intergovernmental Panel on Climate Change. This startup, staffed by researchers at George Washington University, developed a process for converting carbon dioxide into carbon fibers, or nanotubes, using molten electrolysis. A research team from the University of Texas at Austin have developed a new type of soil that can extract water straight from the air. But what do you do with the carbon? The process costs less than traditional carbon nanofiber manufacturing, such as chemical vapor deposition or polymer pulling, the company said. Products: Chemicals, bio-composite foamed plastics. CO2 Handheld; CO2 Wall Mount; Carbon Dioxide Sensors; CO2 Data Loggers; CO2 Desktop; Oxygen. C2CNT's approach is to capture CO2 directly from the flue stream of a power plant, cement kiln or other industrial facility, then convert it into pure carbon nanotubes. Scientists around the world are competing to develop the best process for converting waste CO2 into methanol. The process, which uses CO2 and electricity, produces carbon nanofibers, which can be used as carbon composites — a strong, lighter-weight alternative to metal — to make a wide variety of products, including wind turbine blades, race cars, airplanes and bicycles. The concentrated carbon is then combined with hydrogen and oxygen to synthesize a naturally-occurring, PHA-based biopolymer material that is then purified and processed into a pellet, which can then be melted and formed into shapes. The study considered processes using CO2 captured from waste gases produced by burning fossil fuels, or from the atmosphere by an industrial process. Carbon dioxide also could be used more widely as a solvent, he added. Other natural fibers, in addition to wood and including rice hulls, palm fiber waste and flax, can be used to make bio-composites.