Technology Advances to Remove & Recycle C[O.sub.2].

• Position: CARBON CAPTURE

The global market size for C[O.sub.2] utilization will reach a market value of $70,000,000,000 by 2030, increasing to $550,000,000,000 by 2040, maintains a report from Lux Research, Boston, Mass., which forecasts the adoption of C[O.sub.2] utilization in the buildings, chemicals, materials, fuels, and food sectors.

Despite unprecedented action against climate change over the past decade, global emissions witnessed steady growth and only fell in 2020 due to the coronavirus pandemic. All projections have emissions returning to their upward trajectory unless drastic measures are taken across the entire energy system.

While C[O.sub.2] is a significant contributor to climate change, interest in a potential carbon economy is growing from governments, industry, and/P> the investment community. Carbon capture and utilization remains a crucial technology not only to remove, but even recycle, C[O.sub.2] from the atmosphere.

C[O.sub.2] can convert into six types of products: building materials, chemicals, carbon additives, fuels, polymers, and proteins.

"The projected growth will be driven by the building materials sector. For example, C[O.sub.2] can be used to produce aggregates to mix with cement or...