Digital Locations Inc (DLOC)

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News related to CO2 capture and recycling which is the sector CABN is in:

http://www.carboncapturejournal.com/displaynews.php?NewsID=839

Prize Capital has released a Carbon Capture and Recycling (CCR) Industry Overview report detailing an emerging industry whose technologies are using carbon dioxide as a feedstock in the production of valuable products such as fuel, building materials, animal feed, specialty chemicals, and plastics.

The report takes an initial look at this industry and the innovators within it. It examines the rationale for CCR, current CCR approaches, the forces shaping such approaches, and focuses the majority of its content on leading organizations including their respective stages of development as they move towards commercialization.

As outlined in the report, the industry’s technologies fall into three categories: Biological, chemical and catalytic, and mineralization. The report identifies, profiles, and provides contact information for 136 different entities working on various CCR approaches: 37 biological, 63 chemical and catalytic, 23 mineralization, 1 blended approach, and 12 uncategorized entities.

In addition to 136 CCR entities, the report recognizes the attention that the biological category has received in recent years by not only profiling the 37 biological entities that are either applying or have applied their technologies to the utilization of power plant flue gas, but also providing names, descriptions, and contact information of an additional 260 biological companies, universities, and laboratories in an appendix that have the potential to use flue gas but aren’t known to explicitly do so at this time.

Tri-State Generation and Transmission Association, a consumer-owned, not-for-profit wholesale power supplier serving 44 electric cooperatives in four western U.S. states, provided funding for the report to help identify the range of CCR technology opportunities that could assist the power supplier to cost effectively manage carbon emissions.

Altogether, the CCR entities vary in size from unfunded concept to over $50 million in funding received. They’re being developed within private companies as well as at universities and laboratories around the world. They have received government and private funding totaling approximately $1 billion. Some are offering full spectrum solutions from capture to reuse, while others focus only on reuse and need viable capture solutions to realize their potentials.

As the report outlines, the challenges associated with commercializing and deploying CCR technologies include: being able to recycle carbon year round, in various climactic conditions; thermodynamic and thermochemical logistics and efficiencies; scalability; proximity to necessary resources; as well as others.

With the emerging array of technologies and producers, as well as the current slate of technological challenges, the report states that investors and other interested parties, as well as the CCR industry itself, would benefit from models that promote diversity of innovation as well as financial diversity, rather than placing “bets” on single technologies and producers.

The report concludes that in the near-term, this new industry represents a paradigm change that could avert the need to resolve complex issues associated with CCS and prompt renewed action on carbon mitigation. Such action is essential as a carbon-constrained world emerges.