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| (Courtesy Carbon Recycling International) |
When a geothermal power plant started spewing hot water into the barren, volcanic landscape of Iceland’s Southern Peninsula in 1976, the locals turned the steaming lake into a health spa that’s now frequented by half a million people a year. Now a small Icelandic company is hoping to turn a profit from waste carbon dioxide from the same plant.
Carbon Recycling International has built an adjacent plant that converts the carbon dioxide into methanol, a fuel and feedstock for making plywood, paints, and other products. It may be the first company anywhere to demonstrate a commercially viable way of making liquid fuel directly from carbon dioxide, something that could help reduce greenhouse gas emissions.
