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Creating a Carbon Marketplace to Fight Climate Change | Svante

Creating a Carbon Marketplace to Fight Climate Change | Svante Carbon is the backbone of the global economy. As the Earth's population swells to 8 billion and the global energy sector looks for solutions to reduce or even offset its carbon footprint, greenhouse gas emissions continue to pose one of the biggest challenges of our time. Svante is building a carbon dioxide marketplace using second-generation carbon capture technology at half the cost of solvent-based systems. At this price point, Svante' first-of-its-kind demonstration plant will unlock an enormous and lucrative opportunity -- carbon capture utilization and storage (CCUS) -- by enabling a mass market for bulk carbon dioxide. The company's goal is to create a circular economy that values carbon dioxide. By stimulating new ways to create durable products and processes that recycle and sequester carbon dioxide, the technology can help companies generate clean growth while also reducing greenhouse gas emissions. Svante is initially focused on distributed carbon dioxide projects offering a solution for 30-5000 tons per day, and the company is currently operating a 30 TPD demonstration plant with Husky Energy on a CO_-EOR site in Saskatchewan. and building a 1 TPD pilot plant at Lafarge cement plant in Richmond, BC, Canada.

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