RedChip announced that it has initiated coverage on Carbon Sciences, a company focused on developing a technology to convert harmful carbon dioxide into a useful form. The company filed a patent for this technology and is developing it under the brand name, Green Carbon.
Eliminating harmful CO2 from human created sources, such as factories and power plants, will provide a partial solution to the problem of global warming. The Green Carbon technology processes waste mineral products to optimize the available surface area. This process greatly reduces the energy needed to produce fine particulate minerals, which in turn reduces the overall cost of mitigating CO2 emissions.
Andre Garnet, MS, MBA, RedChip Research Analyst, wrote, “Existing strategies deal with CO2 emissions by capturing CO2 and sequestering, or burying, them in underground geological formations and the ocean floor. A carbon transformation technology such as Carbon Sciences’ may provide a more practical and less expensive alternative.”
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