ESG Today writes that Oman-based 44.01 offers a solution that enables heavy polluters to turn captured CO2 emissions in rocks through an advanced mineralization process. Researchers at 44.01 take carbon dioxide that was captured at industrial sites and dissolves it in water, creating a liquid that is then injected deep underground. There, high pressures cause an accelerated mineralization process.
44.01 officials said that the company's solution offers a cost-effective alternative for capturing and storing CO2 emissions, compared to other geological-based carbon storage services on the market.
Talal Hasan, Founder and CEO of 44.01, said that "mineralization can play a significant role in protecting and repairing our climate. Our investors bring a wealth of international expertise and experience that will help us to accelerate our development and ultimately mineralize CO2 at scale world-wide."
Equinor Ventures led the financing round, which saw participation from Amazon’s Climate Pledge Fund and Climate Investment.
Photo source: 44.01
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