CarbonFree: A Carbon Capture Success Story

CarbonFree: A Carbon Capture Success Story - Carbon Herald
Source: CarbonFree

In our recent podcast episode, we had the pleasure of speaking with Martin Keighley, CEO of CarbonFree, a company at the forefront of the carbon capture industry’s evolution. 

CarbonFree stands out in the carbon capture industry with its economically sustainable build-and-operate model. 

The company’s SkyCycle technology is a game-changer, allowing it to partner with companies like US Steel to build carbon capture plants without requiring significant capital investment from the emitter. 

This innovative approach not only captures CO2 but also creates high-value products like pharmaceutical-grade calcium carbonate, demonstrating a profitable and sustainable business model.

SkyMine & SkyCycle: Carbonfree’s Cutting-Edge Technologies

Martin explained the differences between CarbonFree’s first-generation technology, SkyMine, and its second-generation technology, SkyCycle. 

While SkyMine captures CO2 to produce baking soda, SkyCycle takes it a step further by creating high-purity calcium carbonate, a product with a significantly larger market. 

This shift not only allows for greater CO2 capture but also ensures that the CO2 remains locked within the products, like paint, providing a more permanent solution to carbon emissions.

The Groundbreaking Partnership with US Steel

The recent collaboration with US Steel marks a significant milestone for CarbonFree and the carbon capture industry at large. 

This partnership is pioneering the way for hard-to-abate sectors like steel to reduce their carbon footprint. 

By utilizing waste materials from US Steel’s processes, CarbonFree’s technology exemplifies a holistic approach to carbon capture, turning industrial byproducts into valuable resources.

Relevant: CarbonFree And US Steel Sign Landmark Carbon Capture Deal

Martin also shared his insights on the US Inflation Reduction Act and its impact on the carbon capture industry. 

While the spotlight on the sector and the improvements to tax credits like 45Q are positive steps, Martin emphasized the need for a long-term, economically viable approach to carbon capture that doesn’t rely solely on government subsidies.

Relevant: CarbonFree And BP Partner To Expand Carbon Capture Globally

Looking ahead, Carbonfree aims to capture 10% of industry emissions by 2050. With the first plant set to capture 50,000 tons of CO2 annually, the company is on track to make a significant impact. 

Martin hinted at upcoming developments, including further collaborations within the steel sector and adjacent industries like cement and blue hydrogen.

Listen to the full conversation on Spotify or Apple Podcasts.

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