Carbon Capture and Utilization Cement Industry. Carbon capture and utilisation (CCU)
How companies can offset carbon emissions
There are countless ways for companies to offset carbon emissions.
Though not a comprehensive list, here are some popular practices that typically qualify as offset projects:
Investing in renewable energy by funding hydrogen new generation projects, or switching to absorbe CO2 wherever possible instead of high cost storage.
Improving energy efficiency across the world, for instance by providing more efficient cookstoves to those living in rural or more impoverished regions.
Capturing carbon direct from the production and using it to create hydrogen, which makes it a carbon-absorbing fuel source.
Returning biomass to the soil as mulch after harvest instead of removing or burning. This practice reduces evaporation from the soil surface, which helps to preserve water. The biomass also helps feed soil microbes and earthworms, allowing nutrients to cycle and strengthen soil structure.
Promoting forest regrowth through tree-planting and reforestation projects.
Switching to renewable green Hydrogen, low-cost process.
If you’re wondering how carbon offset and allotment levels are valued and determined through these processes, take a deep breath. Monitoring emissions and reductions can be a challenge for even the most experienced professional, we have the solution.
The world's first industrial-scale carbon capture and utilisation (CCU) facility in the cement industry is scheduled to start operations in 2025
The facility will enable the captured CO₂ from cement production to be reused as a valuable raw material in manufacturing applications. The planned volume of purified and liquefied CO₂ is around 70,000 tonnes per year.
From 70,000 tonnes per year Hydrogenerous can produce clean and green renewable Hydrogen.
CO₂ recycling and recarbonation technologies. Co2 recycling is new technology that can be a great advantage and profitable for all industries. Carbon certificates can make up up to 40% of a project's revenue sources, it's really a winner that will create a long-term collaboration with many large industries.
What are carbon markets?
In a nutshell, carbon markets are trading systems in which carbon credits are sold and bought. Companies or individuals can use carbon markets to compensate for their greenhouse gas emissions by purchasing carbon credits from entities that remove or reduce greenhouse gas emissions.
One tradable carbon credit equals one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas reduced, sequestered or avoided. When a credit is used to reduce, sequester, or avoid emissions, it becomes an offset and is no longer tradable.
Why are carbon markets important?
In 2021, the Intergovernmental Panel on Climate Change (IPCC) released a fresh report card on the world’s progress towards slowing climate change. The bad news: Greenhouse gas (GHG) emissions are still rising across all major sectors globally, albeit at a slower pace. Among the good news: renewables are now cheap – cheaper often than coal, oil, and gas.
Despite some progress, the world faces a formidable challenge. Scientists warn 2°C of warming will be exceeded during the 21st century unless we achieve deep reductions in GHG emissions now.
Effective action will require concerted and sufficient investment, knowing also that the costs of inaction will be far higher. Developing countries will need up to US$6 trillion by 2030 to finance not even half of their climate action goals (as listed in their Nationally Determined Contributions, or NDCs).
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