Opening Case
Pulling Carbon from the Air to Avert a Climate Catastrophe
At a major climate meeting in Poland, nearly 200 countries tried to reach a deal to dramatically reduce carbon emissions. However, a recent U.N. report found that reducing carbon emissions alone might not be enough to avoid the dangerous impacts of global warming. In fact, it might be necessary to pull massive amounts of carbon dioxide out of the atmosphere. According to the company Carbon Engineering, the process of capturing CO 2 starts with an air contactor, which looks like an oversized semitrailer with a huge fan on top. In front, there is a black grill with a solution containing potassium hydroxide flowing down, so it sounds like a waterfall. Once the solution comes in contact with air, it captures and retains carbon dioxide in the form of micro pellets, which can later be injected into the soil. This is another type of technology to address climate change. Nevertheless, theres no business model for such technology yet, thus the company is looking for profits to help its technology expand.
Excerpt from https://www.npr.org/2018/12/10/673742751/how-1-company-pulls-carbon -from-the-air-aiming-to-avert-a-climate-catastrophe?utm_source=twitter.com &utm_medium=social&utm_campaign=npr&utm_term=nprnews&utm_ content=2040
1. Explore a possible business model for the technology described in the case.
2. Describe and discuss the challenges associated with carbon-capturing technology.
3. What other types of carbon-capturing technology are currently available in the market? Are they profitable? Investigate and elaborate.
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