New Technologies Addressing Climate Change: Lowering Atmospheric CO2 Concentrations

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Oct 05, 2015, 02:10 ET

DUBLIN, Oct. 05 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/3jdlbp/technologies) has announced the addition of the "Technologies Addressing Climate Change: Atmostpheric Carbon Dioxide Removal" report to their offering.

Increasing atmospheric CO2 concentrations have resulted in a global quest for solutions which would enable an immediate reduction in the concentration levels. The current study discusses the global scenario with respect to global warming and provides a technology overview of the different types of atmospheric CO2 removal technologies/ strategies which are available globally. The industrial drivers and restraints have also been dealt with in the study. Various industrial and academic players and their activities have been discussed. Finally, the technology readiness levels for the different technologies and management strategies have been charted.

Globally rising carbon dioxide (CO2) concentrations are of grave concern to the scientific community and other stakeholders. Hence, there is a requirement for solutions that could remove existing CO2 from the atmosphere. The majority of these technologies are still at the concept stage, as the implementation of these technologies would probably require the input from hundreds of global stakeholders.

The current research service discusses atmospheric CO2 removal technologies and some point source removal technologies, and the status of these technologies.

The research service offers insights primarily on the following:

- Various technologies for atmospheric CO2 removal
- Key innovators
- Technology and market drivers and restraints
- Technology roadmap

Key Findings:

- Atmospheric CO2 removal technologies, though discussed as a probable solution to reducing CO2 concentrations in the atmosphere, is a very nascent technology. Only a few start ups operate in this space, whose sustenance is dependent on government funding and support.
- Point source emissions control has increased importance, funding, and activity associated with it, compared to large scale removal of atmospheric CO2.
- In the current scenario, Bioenergy with Carbon Capture & Storage (BECCS) seems to be the most probable solution that will witness large scale deployment in the near future, as it has been technically proven.
- There is a need for an integrated business model involving multiple stakeholder engagement, which will enable technology providers to survive. At present, the companies developing and promoting the technology do not have sustainable business models.
- North America is at the forefront of R&D and technology development for atmospheric CO2 removal, followed by Europe. For the technology to flourish, there should be mandatory regulations requiring industrial involvement, with incentives/subsidies to encourage further adoption.

Key Topics Covered:

1. Executive Summary
- Research Scope
- Research Process and Methodology
- Key Findings for Atmospheric CO2 Removal

2. Introduction
- Impact of Global Warming
- Introduction to Atmospheric CO2 Removal
- Technology and Market Drivers
- Technology and Market Restraints

3. Technology Snapshot and Key Innovators
- Technology 1: Afforestation and Reforestation
- Technology 2: Biomass Energy with Carbon Capture and Storage
- Technology 3: Direct Air Capture of CO2
- Technology 4: Mineral Carbonation
- Technology 5: Ocean Alkalinity
- Technology 6: Ocean Fertilization
- Corporate Innovators
- Non-Corporate Innovators
- Technology Readiness Levels

4. Industry Landscape
- Business Model
- Market Size and Potential
- Future Outlook

5. Industry Landscape

For more information visit http://www.researchandmarkets.com/research/3jdlbp/technologies