Following news appeared in today’s Times of India :
In a few
years, we’ll be making petrol from air
Burning
petrol and diesel made from carbon dioxide present in the air does not cause
global warming
If only we could suck carbon dioxide out of the air like plants,
and turn it into useful things — like petrol, plastics and concrete — the
spectre of global warming would go away.
Scientists have long toyed
with the idea of ‘direct air capture (DAC)’, but now it has become a viable
technology, says Peter H Diamandis, founder of the XPrize Foundation.
Extract from Times of India
news report :
“ In the coming 10 years, sourcing carbon out of the air will
become more cost-effective than carbon sourced from the ground ( oil ).
By 2030, the carbon capture and utilization [ CCU ] industry is expected
to reach $ 800 billion
While experts say DAC can compete with petroleum once the cost of
carbon extraction dips below $ 100 per ton, one startup is already claiming $
94 per ton , while another promises to do it at $ 50 per ton on large scale “
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Read technical narration
at
:
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I suppose the very powerful OIL LOBBY [ OPEC ], will
realize the threat and may even consider getting into the DAC game themselves ,
to render Startup competition, irrelevant !
After all, no startup ( or the VCs backing it ), can
match the resources (funds ) of Oil
Companies
The Oil companies do not want to become obsolete !
And that is the REAL DANGER
Carbon extracted from air will be converted into petrol by Oil companies, using giant CONVERTERS (
instead of Crackers / Refiners )
Then marketed through the network of same petrol pumps
, that exist today
And all existing petrol vehicles can fill up their
tanks with this AIR-PETROL ( - expect the Oil companies to brand this as CLEAN
PETROL ! )
And all of these vehicles will continue to release CO / CO2 /
Nitrous Oxide emissions , as now !
Back to square one ?
Remember, this is not the same as extracting Water from thin Air
– even in very dry areas, as described in :
Water above our
heads [ 29 March 2019 ]
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15 Sept 2019
Rsvp :
hcp@RecruitGuru.com