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Top Stocks for High Dividend Yields in India Premium Stock Alerts ✌️【Long-term Investment】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. The process is similar to what’s already naturally happening in the oceans. “This is a reaction that the planet has been running for billions of years,” said Adkins, who founded Calcarea, a startup that is designing and testing the reactors.
Top Stocks for High Dividend Yields in India Premium Stock Alerts ✌️【Long-term Investment】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. Seawater naturally absorbsabout a thirdof the CO2 emitted into the atmosphere, making the water more acidic and causing it to dissolve calcium carbonate, which is abundant in the ocean. “Calcium carbonate is what coral skeletons, shells and all the things that make up most of the sediments at the bottom of the ocean are made of,” said Adkins.
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Calcarea wants to mimic this natural process by funneling the ship’s exhaust fumes to a reactor in the ship’s hull, where thefumesare vigorously mixed with seawater and limestone — a type of rock mostly made of calcium carbonate, and a common ingredient in concrete. The CO2 in the exhaust fumes reacts with the mixture, creating salty water that locks the CO2 away in the form of bicarbonate salts. Adkins says that with a full-scale reactor, he aims to capture and store about half of a ship’s CO2 emissions.
In the natural world, the reaction takes over 10,000 years, according to Adkins, but in Calcarea’s reactors it takes about a minute, he said. This is achieved by bringing the CO2 and the limestone into intimate contact with each other.
Top Stocks for High Dividend Yields in India Premium Stock Alerts ✌️【Long-term Investment】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. The salty water that’s created is simply released into the ocean, where it poses no threat to marine life or to the seawater’s chemical balance, according to Adkins. He added that the company is also looking into adding a pre-filter to the system to get rid of other pollutants from the exhaust that might get mixed into the water, such as particulates and unburnt fuel, as well as other contaminants.
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Top Stocks for High Dividend Yields in India Premium Stock Alerts ✌️【Long-term Investment】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. So far, Calcarea has built two prototype reactors, one in the USC parking lot and one in the Port of Los Angeles. In late May, the companyannounceda partnership with the research and development arm of international shipping company Lomar. Adkins is confident this will lead to the first full-scale prototype of his reactor to be fitted on a ship.
Top Stocks for High Dividend Yields in India Premium Stock Alerts ✌️【Long-term Investment】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The reactors will be tailored to different ship sizes, including “the biggest there are,” the “Newcastlemax” class capable of carrying 180,000 metric tons of cargo. “On one of these we would take up about 4 to 5% of the deadweight tonnage and carry about 4,000 metric tons of limestone. But we won’t actually use up all of that,” Adkins said.
Before Calcarea is ready to install its first reactor, there are some engineering challenges left to solve. For example, how exactly to fit the reactor on the ship and the logistics of loading the limestone and setting up the supply chain to deliver it. These could be slow steps, Adkins warns.
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Carbon capture technology more directly similar to Calcarea’s also exists. A British company calledSeabound, for example, makes a device that captures between 25% and 95% of a ship’s CO2 emissions. However, it produces solid carbonate pebbles that must be offloaded at a port.
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Because the founders of Calcarea are experts in the ocean’s carbon cycle, he added, that makes them well positioned for avoiding potential pitfalls of CO2 removal: “Many other companies pursuing ocean alkalinity enhancement do not understand the carbon cycle at all relevant scales, and so are prone to pursue approaches that are ineffective — or even counterproductive.”
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“We think that ships are actually going to be able to compete with underground CO2 storage,” he said. “Purpose-built ships that pick up CO2 and limestone at a port, go out to sea and just run our reaction — they will be solely machines to efficiently and safely store carbon in the ocean as bicarbonate.”
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