ClimateTech Updates For February 2021

News about some of the most exciting ventures in the world: Xpansiv, PrairieFood, Carbon Engineering, and 1PointFive

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Humanity’s beautiful lifeboat. Source: NASA

Xpansiv

I wrote about this amazing company last August in the article Using Big Data And The Power Of Markets To Solve Climate Change.

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Using Xpansiv’s technology, commodity tanks of gasoline turn into multi-dimensional “Digital Feedstock” — a digital asset that contains information about how that gasoline was made. Source: Xpansiv.com

PrairieFood

I last wrote about this Kansas-based start-up in September 2019 in an article entitled Capitalism vs Climate Change: The Case of PrairieFood. I kept up with the company’s progress during 2020 and will be featuring them again in a series planned for March about carbon sequestration.

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Flowers love PrairieFood as well. These are photos from an earlier test of PrairieFood by an organic flower grower. Source: PrairieFood.com

Carbon Engineering

I have been writing about Carbon Engineering for a few years now and had the pleasure of visiting the company’s R&D site in beautiful Squamish, British Columbia in the summer of 2019. CE is on the vanguard of Direct Air Capture (DAC) technology and is the first company to have a truly industrial-scale solution to remove CO2 directly from the atmosphere. I last wrote about CE in October of last year in an article entitled Carbon Engineering’s Licenses To Print Money.

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Carbon Engineering’s R&D Center and Test Facility in Squamish, BC. Source: CarbonEngineering.com

1PointFive

I wrote about 1PointFive — a company whose CEO, Jim McDermott, is on the board of Carbon Engineering — in the article Carbon Engineering’s Licenses To Print Money. McDermott’s investment company partnered with Occidental Petroleum to form 1PointFive last August. The joint venture acquired a license to use Carbon Engineering’s DAC technology and leverage Occidental’s geological and engineering expertise and will build the first industrial-scale DAC plant in the Permian Basin of Texas.

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Engineering rendering of 1PointFive’s planned DAC plant in the Permian Basin of Texas. Source: 1PointFive.com

Passionate about harnessing the power of the free market to solve humanity’s biggest adaptation challenge.

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