Closing the Carbon Cycle forSustainabilityA Key Strategy for Environmental Protection, EnergySecurity, and Economic Develo...
Table of Contents• Closing the Carbon Cycle• Current Approaches• A Sustainable Solution: Energy from  Atmospheric CO2• Glo...
3
Closing the Carbon CycleYou need to know where you are going to get there… • Sustainability Requires Humans Close the Carb...
Current Approaches to Climate Change“Wedges” approach a good start…   – Sensible, diversified strategy based on existing p...
Emissions Scenarios…                       6
Future Atmospheric Concentrations…                                     7
What Carbon Negative Can Achieve…                                    8
The Cost of Atmospheric CO2…                               9
The Need for Going Carbon Negative…                Business as usualCarbon Neutral is not enough   – Neutralizing new and ...
A Sustainable SolutionClose the carbon cycle – CO2 from air to makethe energy we need-ENERGY SECURITY FOR ALL  ̶AIR AND WA...
Applications & Markets for Captured CO2Storage   Enhanced      Algae-               Hydroge    Products          Oil      ...
Renewable 95: Closing the Carbon Cycle                      CONVERTING CO2 FROM AIR &                       HYDROGEN FROM ...
GT Project with Algae Systems   GT is developing a fully-integrated biorefinery      through a partnership with Algae Syst...
Geothermal Electricity + CO2Collaboration with Green Fire Energy  – Uses CO2 instead of water  – 10-20% of circulating CO2...
CLOSING THE CARBON CYCLEFOR ENERGY, ECONOMIC, AND CLIMATE SUSTAINABILITY   16
Global ThermostatOur goal is to provide technology to:̶Facilitate the transition to a renewable future    • Our Carburetor...
How GT Technology Works  “GT CARBON SPONGE”                                 Patented Carbon Sponge: porous                ...
Technology Operation    Ambient air         OR                         Monolith Contactors   Step 1Air-flue gas blend     ...
Technology Operation    Ambient air          OR                                    Monolith Contactors   Step 2Air-flue ga...
Technology Operation                              Monolith Contactors   Step 3                              + Sorbent     ...
Technology Partners        Partner                          Activity                     Relationship TermsSRI Internation...
Closing the Carbon Cycle is KeyFor Sustainable Carbon-Based Life: Close the CarbonCycle…Need Direct Air Capture̶Carbon for...
The Global Thermostat                              Carbon dioxide                              concentration              ...
Contact                    Graciela Chichilnisky                     Managing Director                      chichilnisky1@...
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Rio+20 Peter Eisenberger Presentation

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Global Thermostat Presentation at Rio+20 Conference -- Peter Eisenberger

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Rio+20 Peter Eisenberger Presentation

  1. Closing the Carbon Cycle forSustainabilityA Key Strategy for Environmental Protection, EnergySecurity, and Economic DevelopmentPeter EisenbergerColumbia University & Global ThermostatRio+20June 18, 2012
  2. Table of Contents• Closing the Carbon Cycle• Current Approaches• A Sustainable Solution: Energy from Atmospheric CO2• Global Thermostat Global Thermostat - CONFIDENTIAL 2
  3. 3
  4. Closing the Carbon CycleYou need to know where you are going to get there… • Sustainability Requires Humans Close the Carbon Cycle – Climate Sustainability – Energy Security – Economic Development • A Human System that Closes The Carbon Cycle – Flexibility in location of sources and sinks – Connectivity between different components – Serve both todays fossil fuel and tomorrows renewables – Consistent with existing infrastructure – Provide net carbon negative technologies to offset carbon emitters – Value carbon so as to support positive feedbacks – New types of cooperation between countries and companies Global Thermostat - CONFIDENTIAL 4
  5. Current Approaches to Climate Change“Wedges” approach a good start… – Sensible, diversified strategy based on existing pathways – Portfolio of renewable energy and efficiency technologies – Potential to keep CO2 below 500ppm (still 2x pre-indust. level)But may not be enough to avoid climatechange… – Depends on continued net natural absorption rate – Does not address 2000’s already elevated emissions – Underestimates projected growth rate by factor of two – No solution past 2055Climate will change destructively on its own – Earth history has many climate disasters – New York City under a 1 mile high ice sheet A safe, effective, and affordable solution to climate change is still urgently needed Global Thermostat - CONFIDENTIAL 5
  6. Emissions Scenarios… 6
  7. Future Atmospheric Concentrations… 7
  8. What Carbon Negative Can Achieve… 8
  9. The Cost of Atmospheric CO2… 9
  10. The Need for Going Carbon Negative… Business as usualCarbon Neutral is not enough – Neutralizing new and existing emissions Wedges (aggressive 7 does not prevent atmospheric concentration of CO2 renewable energy use, from further increasing efficiency, point-source sequestration) – It doesn’t solve the climate risk problem (reducingCarbon Negative atmospheric concentrationsGlobal (such ppm) below 500 Technology asCarbon-Negative Required Thermostat) with aggressive – To reduce atmospheric concentrations renewable energy faster than the natural absorption rate – To achieve a safe level of CO2 concentrationAir Capture Can Make Going Carbon Negative Possible Pacala and Socolow, Science, Vol 305, 8/13/2004, Pg 969. Note: 7 Wedges refers to the seven stabilization wedges, created by Wigley, Richels & Edmonds, necessary to achieve an atmospheric concentration of Global Thermostat - CONFIDENTIAL ppm by 2125. CO2 of 500 10
  11. A Sustainable SolutionClose the carbon cycle – CO2 from air to makethe energy we need-ENERGY SECURITY FOR ALL ̶AIR AND WATER MORE EQUABLY DISTRIBUTEDCONTROL HUMAN CO2 INPUT TO CARBON CYCLE ̶TEMPERATURE CONTROLGREEN ENERGY FUND STIMULATES ECONOMIC GROWTH ̶STIMULATES TRANSITION TO CLOSING THE CARBON CYCLE ̶MONETIZE THE CO2 SO IT IS A VALUABLE AND NOT A POLLUTANT Global Thermostat - CONFIDENTIAL 11
  12. Applications & Markets for Captured CO2Storage Enhanced Algae- Hydroge Products Oil Based n-Based cement, Recovery fertilizer, Biofuels Fuels plastics, greenhouses Global Thermostat - CONFIDENTIAL 12
  13. Renewable 95: Closing the Carbon Cycle CONVERTING CO2 FROM AIR & HYDROGEN FROM WATER TO 95 OCTANE GASOLINE Water Vapor and CO2 CO2 Capture &Hydrogen Conversion 95 Octane Global Thermostat - CONFIDENTIAL 13
  14. GT Project with Algae Systems GT is developing a fully-integrated biorefinery through a partnership with Algae Systems • Produces carbon negative transportation fuels (diesel, jet, etc) • Treats municipal wastewater and produces drinking water • Generates green electricity and biochar fertilizers Fuels, CO2 Electr Algae Fuel icity Solar Dewatering Production Production &Energy Bioch Waste Treat ar Drin water ed king Wast Desalination Wate ewat r er This unique combination of technologies provides critical municipal services while producing energy in an embodiment that is As Green As It Gets Global Thermostat - CONFIDENTIAL 14
  15. Geothermal Electricity + CO2Collaboration with Green Fire Energy – Uses CO2 instead of water – 10-20% of circulating CO2 sequesteredUsing CO2 captured by Global Thermostat – Location flexibility of air capture – Economic advantage of locating near use – Increased geothermal locations accessibleProduces Carbon Negative electricity Global Thermostat - CONFIDENTIAL 15
  16. CLOSING THE CARBON CYCLEFOR ENERGY, ECONOMIC, AND CLIMATE SUSTAINABILITY 16
  17. Global ThermostatOur goal is to provide technology to:̶Facilitate the transition to a renewable future • Our Carburetor Technology to Clean Fossil Fuel Sources̶Provide carbon for the renewable energy future • Our Direct Air Capture Technology to Close the Carbon Cycle̶Provide a common technology platform • Connects air and concentrated CO2 sources̶Make money by doing goodWe seek and welcome partners ̶They have already been essential to our effortsWe are committed to broad dissemination ̶Licensing model Global Thermostat - CONFIDENTIAL 17
  18. How GT Technology Works “GT CARBON SPONGE” Patented Carbon Sponge: porous block coated with proprietary amine sorbents Ambient air and/or flue gas goes through and binds to sorbent Carbon Sponge lowers into sealed chamber Low temperature process heat releases pure CO2 gas for collectionPipes to oil well, algae, etc. And the cycle restarts… 18 18
  19. Technology Operation Ambient air OR Monolith Contactors Step 1Air-flue gas blend + Sorbent Air Input “Cartridge” GT Module •GT uses Corning Adsorption monolith contactors Phase similar to those in your cars tailpipe •Contactors provide high surface contact areas at low pressure drop Regeneration •Enables movement of Phase large volumes of air with effective contact of CO2 at low cost •40 minute cycle 19 19
  20. Technology Operation Ambient air OR Monolith Contactors Step 2Air-flue gas blend + Sorbent CO2 “Cartridge” GT Module Capture •GT sorbents proven Adsorption highly effective by Phase Georgia Tech - confirmed by SRI, BASF, and NETL •BASF process to deposit immobilized Regeneration amines in pores of the Phase contactor walls at high loading •Dramatically reduces heat required compared to liquid based CCS 20 20
  21. Technology Operation Monolith Contactors Step 3 + Sorbent “Cartridge” GT Module Regenerati •CO2-rich sorbent is on Adsorption heated with low- Phase temperature process heat (90-105C) steam •CO2 is collected and sorbent is regenerated Regeneration •CO2 can be stored or Phase used in multiple commercial applications •4 - 10 minute cycle 105C Steam CO2 Collection 21 21
  22. Technology Partners Partner Activity Relationship TermsSRI International Pilot plant operation and R&D; lab testing Contract R&DBASF Sorbent development/supply; lab testing Strategic SupplierCorning Monolith development/supply Strategic SupplierLinde Carburetor Pilot/EPC Contractor/Customer EPC Contractor/CustomerGeorgia Tech Sorbent R&D; contactor testing Contract R&DVirgin Atlantic Renewable jet fuel Commercialization partner, customerCarmagen System design, engineering, optimization Contract consultingEngineeringSummit Power Project engineering Project development fee 22 22
  23. Closing the Carbon Cycle is KeyFor Sustainable Carbon-Based Life: Close the CarbonCycle…Need Direct Air Capture̶Carbon for a sustainable renewable energy future ̶Flexibility to provide sources and sinksNeed Negative Carbon̶Climate SecurityNeed Carburetor for transition̶Short term carbon free products ̶Long term carbon negative productsNeed a Green Energy Fund̶Global Economic Sustainability Global Thermostat - CONFIDENTIAL 23
  24. The Global Thermostat Carbon dioxide concentration decreasing CO2 ENER GY CAPTUREAtmosphere 800
  25. Contact Graciela Chichilnisky Managing Director chichilnisky1@gmail.com Peter Eisenberger Managing Director peter.eisenberger@gmail.comGlobal Thermostat Confidential 25

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