On February 27th, Singapore unveiled plans to build the world’s largest ocean-based CO2 removal plant, aiming to contribute to global efforts in reducing greenhouse gas emissions. The plant, named Equatic-1, is the result of a unique collaboration between Singapore’s National Water Agency (PUB), the University of California, Los Angeles (UCLA), and the startup company Equatic.
![largest CO2 removal plant](https://newtech4life.com/wp-content/uploads/2024/02/largest-CO2-removal-plant-1.jpg)
1. Technological Achievement
- Equatic-1 is deemed the world’s first ocean CO2 removal plant, with a value of USD 20 million.
- This new technology promises to remove 10 tons of CO2 per day from seawater and the atmosphere, surpassing current removal rates.
2. International Collaboration and Funding
- The partnership between PUB, UCLA, and Equatic is a result of funding from PUB, the National Research Foundation of Singapore (NRF), and UCLA’s Institute of Carbon Management (ICM).
- Equatic-1 is a product of the successful outcomes from two pilot projects in Los Angeles and Singapore in 2023.
3. Goals and Future Plans
- Equatic-1 aims to expand the ocean’s natural CO2 storage capacity by removing dissolved CO2 and enhancing the absorption of more greenhouse gases.
- If successful, Equatic plans to commercialize the technology for deploying commercial plants capable of removing nearly 110,000 tons of CO2 per year, contributing to Singapore’s goal of achieving net-zero emissions by 2045.
![largest ocean-based CO2 removal plant](https://newtech4life.com/wp-content/uploads/2024/02/largest-ocean-based-CO2-removal-plant.jpg)
4. Impact on Climate Change and Global Efforts
- PUB and Equatic hope that this technology will play a crucial role in mitigating the impacts of climate change.
- If successful, Equatic-1 could help reduce CO2 emissions equivalent to that of 850 individuals annually, according to the World Bank’s estimates.
5. Commercialization and Industry Collaboration
- Equatic has signed agreements with partners like Boeing to purchase carbon credits from future commercial plants.
- This technology has the potential for commercialization, offering advanced solutions for CO2 removal and dynamic storage in the ocean.
This marks a significant step in the global effort to address climate change, ushering in a new era of green technology.
Note: This article utilizes information, images from CAN and Equatic.
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