PHLAIR

Without carbon removal humanity will struggle to achieve carbon neutrality. The IPCC estimates that 6 gigatonnes of CO2 will need to be removed by 2050 to limit global warming to 1.5C. Bio-based solutions are relatively affordable, but have limited scalability. Technological solutions have recently been developed, but remain several orders of magnitude too expensive for mass market uptake. Carbon Atlantis have developed a breakthrough electrolyser that can decrease the costs of CO2 capture to below €75/tonne at megatonne scale. The objective of CAPTURE is to finalise the development of the third iteration of our technology (Gen3) and to deploy it in a demo plant. Successful deployment will validate the Gen3 500t-CO2/year minimum viable product in front of investors and customers, enabling us to raise funding to build out a mass manufacturing line. We aim for our devices to be capturing over 500,000t-CO2/year by 2030, with a vision is to remove 100 megatonnes of CO2/year by 2045.