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How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. International shipping moves80% of global tradeand accounts forabout 3%of the world’s carbon emissions, but right now, it’snot on courseto meet its climate targets.
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How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. Now, Jess Adkins, a chemical oceanographer from the California Institute of Technology (Caltech) thinks he can lend a hand by equipping cargo ships with reactors capable of turning the carbon dioxide (CO2) emitted from burning fuel into ocean salts, which he says will keep it locked away for 100,000 years.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. 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.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. 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.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. The dissolved calcium carbonate then reacts with the CO2 in the water to form bicarbonate salts, locking the CO2 away. “There are already 38,000 gigatons (38 trillion tons) of bicarbonate in the ocean right now,” Adkins added.
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.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. 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.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. After two years of working on the project, in January 2023 hespun the company out of Caltech, where he is still a professor, albeit on leave. He was joined by three co-founders: Caltech undergraduate Melissa Gutierrez, engineer Pierre Forin, and University of Southern California (USC) professor and geochemist Will Berelson.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. They raised $3.5 million in funding and focused on the shipping industry. “The beautiful part is that the ship is a natural water pump,” Adkins said, noting that the system requires water to be constantly moving around for the reaction between the various elements to happen, something that is provided naturally by a ship’s movement.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. 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.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. 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.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. The cost of the system comes in, at current estimates, at about $100 per ton of CO2 captured at the exhaust, whichincludes the revenue the ship loses by making space for the reactor at the expense of commercial payload.
How to Leverage Market Trends in Indian Stock Investment AI Powered Financial Analysis ✌️【Recruitment Platform】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Some cargo ships already have similar devices on board, called scrubbers. They are designed to capture and discharge sulfur emissions — harmful to human health and the environment — but not CO2. As of June 2023, they were installed inabout 5%of the global merchant fleet, according to the British Port Association, althoughstudies have foundthat the wastewater from scrubbers can be “acutely toxic for aquatic organisms.” Calcarea’s reactors also capture sulfur as part of their CO2 removal process.
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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