Oct.

14 2021

While CarbonCure itself does not capture carbon, it manufactures a carbon utilisation technology that works with carbon captured by third parties. Carbon utilisation is expected to become a $1 trillion (€870 billion) industry by the year 2030, according to The Global CO2 Initiative (GCI). Its technology can be installed on existing concrete plants and enables concrete producers to create high-performing, more sustainable concrete with a reduced carbon footprint while gaining a competitive advantage.

Energy-intensive cement production accounts for around 7% of global CO2 emissions – more than aviation – which makes concrete, the world’s most-used building material, a major barrier to achieving big CO2 reductions. At the same time, it is generally estimated that three quarter of the infrastructure that will exist in 2050 has yet to be built, with plenty of concrete involved. CarbonCure’s sustainable concrete solution brings an answer to this conundrum.

CarbonCure is also a winner of the prestigious Caron XPRIZE a global competition that challenges participants to develop breakthrough technologies to convert carbon dioxide (CO₂) emissions into usable products — with the ultimate goal of tackling climate change. 

“Models to reach net zero are clear. And the time for action is now."

"Carbon dioxide removal is not a Plan B to be deployed in 10 years. Paired with robust emissions reductions, energy efficiency and more, carbon removal is urgently needed now, and it is available now. CarbonCure alone is deployed in 450 plants worldwide, including multiple sites across the European Union," said CarbonCure Chair and CEO Rob Niven. "Partnerships across the concrete, construction, engineering and tech industries allowed CarbonCure to globally scale our carbon removal technologies more rapidly than anyone could have anticipated. Together, we are mitigating hard-to-abate emissions from concrete production to reduce climate impacts while improving economic performance without trade-offs."

"But the private sector can't do this alone. A global challenge this massive requires government leadership," Niven added. "Policymakers have the opportunity to remove barriers to innovation, accelerate economic growth and job creation across the carbon removal sector, and introduce new incentives that will unleash the deployment and scale-up of carbon removal solutions to help us meet our mid-century global climate goals. The models to reach net zero are clear. And the time for action is now."

Visit CarbonCure’s website for more information.