Major Industry Emitting CO2 needs Algae Installation
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Eckelberry sees this algae tech spreading rapidly across Europe where last year the E.U. tax on CO2 emissions quintupled. If you have a plate glass factory, cement plant, utility burning and fossil fuel, you need an algae tank that consumers that CO2. Turns waste into valuable resource. Eckelberry and I speculated that in the future there may be CO2 pipelines delivering the valuable gas to algae-driven utilities. Meanwhile, every major industry that generates CO2 or other organic gas emissions needs its friendly algae installation.
How confident is Eckelberry? “We’ll provide the technology and there’ll be a tornado of adoptions.” He’s seeing intense interest across Europe, from Japanese companies, and in far-flung development centers like Dubai and Mumbai. Why? The algae solution is localized, uses primarily off-the-shelf technology combined with know-how and process information from Origin Oil.
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