CCS article from ICIS Chemical Business

Despite its complexities, the market for carbon capture and storage technology is indeed fascinating to follow. I tried my best to capture (pun intended) an overview of this market mostly on the capture part and ICIS Chemical Business just released online today my article on how the chemical industry could potentially benefit from this high-growth area.

Participants in this article include Jeff Chapman of the UK-based Carbon and Capture Storage Association; Shell’s Graeme Sweeney; BASF’s Andreas Northemann, Praxair’s Chuck McConnell; Air Products’ Steve Carney; Linde; GE Energy’s Keith White; and reports from Citigroup, BCC Research, IEA and IPCC.

An interesting story from Carbon Sciences’ CEO Derek McLeish talked about the potential use of the captured carbon dioxide as feedstock for fuels and chemicals production.

Also check out McKinsey & Company’s interactive presentation on how CCS technology works, which was just released this week.

My CCS article is going to be part of ICB’s Green feature to be published next week Monday.

One Response to CCS article from ICIS Chemical Business

  1. Pradeep 19 January, 2009 at 7:10 pm #

    You are right, CCS is only one half of the equation. CO2 conversion to chemicals might be more profitable than storing it underground. However, the constraint here is CO2 activation. Recently, folks at Novomer patented a new class of catalysts which can convert CO2 into plastics, using milder conditions than previously possible.

    Aresta and Dibenedetto (subscription required) estimate that globally, direct solar conversion of CO2 to fuels would mitigate 300-700 Mt CO2/year. This is comparable in scale to U.S. GHG mitigation via carbon capture and storage (CCS), as estimated by a McKinsey report . I can share a graphic showing these after my journal article (related to CO2 conversion to fuels using light energy) is published.

    Here is my take on Carbon Sciences.

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