What is the global opportunity Carbonscape is addressing?
Our seemingly insatiable need to dump vast amounts of greenhouse gases into the atmosphere is turning our home into a hothouse world. We’ve now wrested control of the climate, taking our planet out of its comfort zone. Of all the greenhouse gases, carbon dioxide (CO2) is the most significant. Unfortunately, CO2 is being emitted at an increasing rate, rising some 3.3% per year, and has now hit the heady heights of 386 parts per million (ppm) in the atmosphere and rising. If you want more detail on the science, you can read the Intergovernmental Panel on Climate Change Fourth Assessment Report for free on the science behind climate change. The practical upshot is we need to make better use of the carbon we have and get the amount of greenhouse gases in the atmosphere down, and fast. Green technologies will help the world makes the transition to a low carbon economy. The market is enormous, with one recent estimate suggesting green tech in China alone may be worth up to $1 trillion a year
