Tuesday, 25 November 2014
Last updated 3 hours ago
Feb 18 2009 | 9:16am ET
C12 Energy has raised $4.5 million from Sequoia Capital and other undisclosed investors for its work in reducing the costs of routine carbon sequestration.
According to VentureWire, little is known about the stealth start-up’s technology, except that its chief scientist and co-founder, Kurt Zenz House, recently registered a patent for electrochemical weathering, a process that allows the ocean to effectively absorb carbon dioxide. Describing the process in the Environmental Science and Technology journal, House and co-authors said:
“By electrochemically removing hydrochloric acid from the ocean and then neutralizing the acid by reaction with silicate (volcanic) rocks, the researchers say they can accelerate natural chemical weathering, permanently transferring CO2 from the atmosphere to the ocean.”
C12 executives say commercialization of the project depends on placing a value on carbon emissions through widespread adoption of a carbon trading system.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...