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Global CO2 Initiative
Org Type
Nonprofit
Project
Company
Financials
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Year Project Originated:
Project Summary / Description:
We are rooted in the recognition that new societally acceptable technologies and business opportunities are needed to remove CO2 from the atmosphere and to quickly reduce our dependence on fossil carbon sources. However, not enough research has been happening to advance this field and the translation of inventions to market-ready products takes too long. Our Initiative seeks to change this by supporting work across the entire value chain through global partnerships with a university-coordinated effort. Around 2015, the original idea for this approach emerged in parallel with the not-for-profit company CO2 Sciences in San Francisco and the Beyond Carbon Neutral Program at the University of Michigan. In 2016, CO2 Sciences found the Global CO2 Initiative. In early 2018, we decided to merge the two efforts into one, and the Global CO2 Initiative at the University of Michigan was launched while CO2 Sciences closed. A key focus is the open, transparent, and consistent assessment of environmental and economic risks and opportunities. In partnership with a large international community, we develop and disseminate guidelines for how these assessments should be done.
Country or Countries of Operation:
United States
Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antigua & Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia & Herzegovina
Botswana
Brazil
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Colombia
Comoros
Congo
Cook Islands
Costa Rica
Cote D Ivoire
Croatia
Cruise Ship
Cuba
Cyprus
Czech Republic
Democratic Republic of Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Polynesia
French West Indies
Gabon
Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guam
Guatemala
Guernsey
Guinea
Guinea Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Isle of Man
Israel
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Kuwait
Kyrgyz Republic
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macau
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Myanmar
Namibia
Nauru
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
North Korea
Norway
Oman
Pakistan
Palau
Palestine
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Puerto Rico
Qatar
Reunion
Romania
Russia
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Satellite
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Spain
Sri Lanka
St Kitts; Nevis
St Vincent
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor L'Este
Togo
Tonga
Trinidad & Tobago
Tunisia
Turkey
Turkmenistan
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Venezuela
Vietnam
Virgin Islands (US)
Yemen
Zambia
Zimbabwe
Regions of Operations:
Southeast Asia
South Asia
East Asia
Central Asia
Middle East
North America
South America
Eastern Europe
Western Europe
East Africa
North Africa
Southern Africa
Central Africa
Oceania
Caribbean
Other Countries
How Project Affects Greenhouse Gas (GHG) Emissions:
The technologies that we promote have the capability to capture and utilize 2-8 gigatons for CO2 every year. A large portion of that (up to 5 gigatons) will be converted to rock-materials for construction from which the CO2 will never again emerge. The rest can be used to produce carbon-based products that we need for our daily lives but which we can no longer produce from petroleum. Thus, we reduce atmospheric CO2 by taking it out of the air and converting it into durable goods. Additionally, we avoid new CO2 emissions because we replace carbon from petroleum with carbon from captured CO2. It is important to know that even in the long-term natural and unavoidable CO2 emissions will create a balanced system so that there is no risk to deplete the atmosphere of CO2!
Sustainable Development Goals:
No poverty
Zero hunger
Health and wellbeing
Quality education
Gender equality
Clean water and sanitation
Affordable and clean energy
Decent work and economic growth
Industry innovation and infrastructure
Reduced inequalities
Sustainable cities and communities
Responsible consumption and production
Climate action
Life below water
Life on land
Peace and justice
Partnerships for the goals
Impact on Underrepresented Groups:
The principles of Diversity, Equity, and Inclusion underlie and guide all of our work. Our home department (Mechanical Engineering) was just awarded the 2022 Rhetaugh G. Dumas Progress in Diversifying Award at the University of Michigan for our collective achievements in this context. Our core team and participating faculty affiliates at the University of Michigan and elsewhere represent a wide array of communities and identities. In particular, our collaboration with faculty at the University of New Mexico builds research and job opportunities for Native-American and LatinX students from the surrounding communities. We find that our work is particularly appealing to underrepresented groups amongst students in multiple dimensions. Underrepresented groups have been particularly well reflected in the leadership of our Student Association.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Mission Statement:
We envision CO2 capture and utilization as a mainstream carbon management solution. We provide the leadership necessary to establish the new industry of CO2 capture and utilization through evaluation, research, education, training, and outreach.
Link: Twitter:
https://twitter.com/reuseco2
Link: Instagram:
https://www.instagram.com/reuseco2/
Link: LinkedIn:
https://www.linkedin.com/company/7958058/
Greatest Current Funding Need:
Sources of Past Funding:
Individual donations
Foundation grants
Corporate contributions
Government grants
Membership fees
Events and fundraisers
Earned income
Corporate partnerships
Bequests and planned giving
In-kind donations
Impact investing
Crowdfunding
Endowments
Bootstrapped
Equity
Debt
Carbon offsets or credits
Other