Climate change and global warming are two major areas of concern for world leaders. As much as we are utilizing the Earth’s natural resources, we are also moving towards the expected catastrophe in the next hundred years.
As ace scientist Stephen Hawkins warned us recently, we just have 100 years to leave the earth!
The concern has created a vast need for actions to be taken as soon as possible. Considering the same, a Swiss company launched what is believed to be the world’s first ‘commercial’ plant that sucks carbon dioxide from the atmosphere — a process that could help reduce global warming.
The company known as Climeworks, has established the plant in Hinwil, near Zurich.
The firm expressed confidence they could bring down the cost from Rs.38,698 per ton of the greenhouse gas to Rs.12,899 in three to five years with a longer term target of Rs.6,449.
The firm’s “super-ambitious” vision is to capture one percent of annual global carbon emissions by 2025, which would involve building hundreds of thousands of the devices. The captured gas is currently being sold, to a greenhouse that grows fruit and vegetables. However, it could also be used to make fizzy drinks and renewable fuels or stored underground.
“With this plant, we can show costs of roughly Rs.38,698 per ton, which is, of course, if we compare it to a market price, very high. But, if we compare it to studies which have been done previously, projecting the costs of direct air capture, it’s a sensation,” revealed Christoph Gebald (founder), as per a report published in INDEPENDENT.