Climate change mitigation and carbon dioxide abatement are at the top of the agenda for most industries. CCS may well be attracting the attention, but costs are uncertain.

Did you know that CCU is already proven at scale – and can be profitable? Industrial carbon capture to support photosynthesis for the industrial scale cultivation of microalgae to build new revenue streams is available today.

Climate change mitigation will require a multi-pronged approach if we are to meet the global 2050 Net Zero target as outlined in the Paris Agreement. Carbon Capture and Utilisation (CCU) strategies are already providing significant optimism.

Scalable, industry-ready techniques, such as Remediiate’s algal photosynthesis solution will help meet the climate change mitigation and carbon reduction goals of heavy industry.

CCU: A climate change mitigation solution that’s already available

While Carbon Capture and Storage (CCS) is now seen as a viable long-term option, the problem is that, in the short term, it presents uncertain costs. Industry expects governments to subsidise CCS tactics, while governments expect industry to bear the costs.

In the face of this uncertainty, it’s time to look again at the role that CCU can play – both in the short and longer term – in climate change mitigation programmes.

One advantage CCU can offer is that carbon emissions can be captured and processed at source. Another is that the captured carbon can be used to deliver valuable products. For example, concrete, building materials, agricultural feed, and more. The use cases for this enriched offtake are expanding quickly – and generating significant interest as a potential source of revenue and profit.

In other words, CCU can be self-funding and delivers positive impact quickly – unlike CCS which may take some time to move the needle. CCU thus represents a business opportunity – rather than a cost.

The EU has already been using a mixture of renewable energy, CCU, and CCS to help mitigate climate change. As a result, it has managed to cut emissions throughout the EU by 37% between 1990 and 2023.

Importantly, over the same period, EU Gross Domestic Product (GDP) grew by 68%, suggesting that climate change mitigation can be compatible with economic growth.

CCU can enable climate change mitigation

The recent report from the European Commission also reveals a record 16.5% decrease in 2023 emissions from power and industrial installations listed under the EU Emissions Trading System, with the EU on track to reach its goal of reducing emissions by at least 55% by 2030.

CCU is an integral part of this climate change mitigation, with new solutions becoming available all the time, which should only accelerate climate change mitigation.

At Remediiate, for example, we use the natural process of algal photosynthesis to convert your CO₂ emissions into a range of offtakes that have value and can be sold profitably.

The CO₂ is captured at source, which means that transport costs and significantly reduced. Our solution is TRL8-ready solution for Scope 1 CO₂ emission abatement and can be provided as an end-to-end, managed service — from site evaluation to carbon capture, right through to the sale and distribution of the offtake end-products, providing you with additional revenue.

Our solution is designed to complement CCS and to enable you to start your climate mitigation journey – today.

To find out more about how our services and solutions can enable your climate mitigation and carbon abatement goals, while meeting national and international compliance requirements, and adding a new revenue stream, contact us today.