Carbon Engineering Ltd. Overview
Company Headquarters: British Columbia, Canada
Founded: 2009
Workforce: ~142
Company Working: Carbon Engineering Ltd. operates as a clean energy company. The Company develops technology that captures carbon dioxide directly from the atmosphere and synthesizes it into transportation fuels. Carbon Engineering serves customers in Canada. A company that offers clean energy services with the goal of providing reliable, affordable energy while cutting carbon emissions. In order to store carbon dioxide underground safely and permanently or convert it into ultra-low carbon synthetic fuels, the company uses direct air capture technology, which traps carbon dioxide out of the atmosphere on a large scale. This technology enables clients to reduce their carbon footprints, meet important net-zero targets, and provide clean, affordable energy. The company has its pilot plants in Squamish, British Columbia. A number of governmental and organizations that value sustainability, along with private investors, support Carbon Engineering.
Strategy
Carbon Engineering was established with the specific goal of creating and commercializing a technology that can pull megatons of CO2 out of the atmosphere. The company is built on the idea that Direct Air Capture facilities could play a significant role in the global effort to achieve net zero emissions and restore acceptable CO2 levels in the atmosphere.
