The rapidly increasing climate problem has many depending on carbon calculators and cooling white paint. While quick solutions beget temporary relief, temperatures continue to rise. Instead of working against fossil fuels, startup Net Power is attempting to work with it. The energy group is running a traditional factory that produces zero-emissions.
There are only 17 large-scale carbon capture and storage (CCS) plants in operation today, and, annually, they stop less than 40 million metric tons of carbon dioxide from entering the atmosphere. That’s less than 0.01% of the 40 billion metric tons we emit each year.
Despite the technique’s obvious success, it still lacks the financial backing it needs. So far, only two CCS fossil fuel plants are up and running in Canada and the United States. To offset its own carbon byproducts, Net Power is teaming up with various companies that benefit from CO2.
Net Power will also have customers for the carbon dioxide it captures: oil companies looking for enhanced oil recovery. To get the fossil fuel out of the ground, oil companies pump water into the fields to push out the oil.
Net Power’s pilot plant hardly surpasses the size of a football stadium, but will power up to 40,000 homes. Talk about tiny dynamite!