In order to achieve the goals set forth in the Paris Agreement and keep global warming within 1.5?*1, it is considered critical not only to reduce CO2 emissions, but also to introduce carbon removal technologies such as CCUS, which captures, stores, and effectively uses the CO2 already emitted into the atmosphere. However, technological innovation and cost reduction are issues that need to be addressed before carbon removal technologies can be implemented on a large scale.
This project aims to solve these problems by developing and selling carbon credits for carbon removal technologies, providing a new source of revenue through credit sales to the companies that supply the credits, and offering credit buyers the opportunity to purchase the credits.
MC has been working on several projects in the field of CO2 mineralization*2, and by utilizing its knowledge and network, will examine and determine the feasibility of commercialization with
Overview of Project(Next Generation Carbon Removal Purchase Facility)
Overview of
*1:According to the IPCC Special Report 'Global Warming of 1.5?' (SR15) there is an urgent need to scale up efforts to remove CO2 from the atmosphere in order to achieve the 100-1,000 Gt of CO2 removals by 2050 required to keep global warming within 1.5 degrees.
*2:Related MC announcements
R&D on Use of CO2 in Concrete (
Use of CO2 in Concrete / Partnership with
Use of CO2 in Concrete / Investment in CarbonCure and Formation of Partnership (
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