June 6, 2017
ASU is partnering with the Center for Carbon Removal and institutions like Iowa State University, Purdue University and Lawrence Livermore National Laboratory with the aim of creating a market for waste carbon dioxide.
This initiative – born from conversations between ASU President Michael Crow and Noah Deich, executive director of the Center for Carbon Removal – approaches the climate change challenge as an economic opportunity. In doing so, it will encourage new businesses while transforming existing industries like agriculture, forestry, fuel and manufacturing.
"Working together with the Center for Carbon Removal, we will develop a roadmap leading to real, valuable and lasting uses for carbon in the air," said Betsy Cantwell, vice president for research development of ASU Knowledge Enterprise Development. "We hope to implement the roadmap in a timeframe that will rapidly impact global carbon futures.”