81.7% of all energy still comes from fossil fuels
There is only one realistic way to keep fossil fuels in the ground: to give the world something else to burn inside the existing, multi-trillion dollar infrastructure designed to combust oil, gas and coal. SkyMining fuel, made from atmospheric CO2, makes that possible.
Even after a sharp rise in renewables, 81.7% of our energy comes from burning oil, gas, coal — fuels that are carbon intensive and drive global warming. Switching to a carbon negative fuel is the quickest and cheapest way to stop and then reverse global warming.
[Chart source IEA, 2012]
A solid rod of densified atmospheric CO2.
SkyMining produces a solid, carbon-negative rod of fuel made from densified atmospheric CO2. This versatile fuel can be burned to replace fossil fuels in industry, heating and electricity production, or serve as the basis for other products and services. The main characteristics are:
Our fuel costs less than fossil fuels and charcoal in all chosen target markets.
The energy density per tonne of SkyMining fuel is similar to fossil fuels.
SkyMining fuel does not emit any CO2 in the context of climate change.
Cleaning up the central grids.
SkyMining fuel can be used to substitute oil, gas, and coal in power production— all while exploiting the existing infrastructure for combustion. This keeps costs low, and provides a pathway to safely kick our fossil fuel addiction without sacrificing economic growth.
When replacing old ovens run on heating oil, SkyMining cut energy bills in half.
SkyMining fuel can co-fire or directly replace coal; crucial as regulations and mandates tighten.
Wind and solar backup
Renewables often rely on dirty fossil-fuel backup. With SkyMining, renewable backup is now clean.
Replacing charcoal to slow deforestation
Replacing charcoal will have the largest social and environmental impact compared to other uses. Charcoal production is causing disastrous levels of deforestation across Africa and the developing world. Furthermore, prices for charcoal are skyrocketing, due to dwindling forests near populated areas. SkyMining can solve this problem on a massive scale.