Context

The Problem

CO₂ concentration in the atmosphere has increased dramatically in the past century, from 300 ppm in 1900 to 410 ppm in 2019¹. To mitigate this rise, we must capture the emitted CO₂ and either store it underground, or transform it into something useful.

The chemical industry directly emits 935 million ton of CO₂ per year², equivalent to roughly 2.5% of global emissions. As the demand for essential materials (e.g. plastics, construction materials, synthetic fibers…) is increasing, the consumption of fossil fuels, and thus CO₂ emissions, will also rise. Switching from fossil fuels to sustainable feedstock would greatly help to achieve the Net Zero emission target fixed by the Paris agreement.