With carbon emissions, a primary concern in energy production, oil & gas companies, power generators, and other large infrastructure companies are recognizing that Blue Planet’s technology holds the potential for material CO2 capture and storage while generating positive economics. Equally, the improvement in this area so far has not kept up with the need for solutions that can materially reduce the amount of carbon entering the atmosphere annually. While these efforts have made some progress, solutions for capturing and sequestering significant carbon volumes have included a sizeable financial burden for companies, governments, and/or consumers. For decades energy industry stakeholders have pursued technologies to reduce these emissions, including investing in carbon capture and sequestration (CCS) to capture and sequester carbon in underground reservoirs, as well as others to improve efficiency in energy usage. The planet is dealing daily with the increasingly costly effects of climate change, spurred by the volumes of CO2 entering the atmosphere annually. rodney schmidt – blue planet systems corp.īy Rodney Schmidt – Vice President, Corporate Development, Blue Planet Systems Corp & CEO, Blue Planet Technologies Canada Ltd. Thus, Blue Planet’s technology holds the potential for material CO2 capture and storage while generating positive economics.
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