Thursday, 28 August 2014
Last updated 2 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...