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XPRIZE Team Lichen Discovers Revolutionary Biomimetic Microalgae Coating for Carbon Capture and Removal
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About the Embassy Row Project:
Founded by international energy and infrastructure technology advisor, James Scott, the Embassy Row Project strives to unify the next generation of leaders & initiatives that are hyper-focused on instigating positive change on issues that impact the environment, human rights, technological innovation, and international trade collaborations that proliferate diversity, and food security, and dignified employment with a livable wage.
XPRIZE Team Lichen Discovers Revolutionary Biomimetic Microalgae Coating for Carbon Capture and Removal
In the next seven years, around 2GW of electric power generation will be put out of service, raising two serious issues. The first is replacing this capacity, preferably with zero-carbon power sources, like renewable energy, hydroelectric, or nuclear energy. The second is the issue of Romanian energy security since the failure to replace this capacity and further expand it to meet the national energy needs would put Romania at a strategic and economic disadvantage. ...
“Most direct air carbon capture and storage (DACCS) systems require a significant upfront investment, have large energy demand, and have relatively low CO2 capture rates,” explains James Scott, founder of the ENVIROTECH Pre-Accelerator. Scott continues, “This means that to make a significant impact on climate change, large-scale DACCS systems are required, but their rapid expansion and deployment are challenging."
Team Lichen and ENVIROTECH Pre-Accelerator UPDATE: After their presentation at the Democratizing Decarbonization Summit at the National Press Club in Washington, D.C. in November of 2022, XPRIZE Team Lichen has been offered a pilot project to launch their much-anticipated carbon capture technology by the Bulgarian government.
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A Fast Track To Carbon Neutral: Using Environmental Commodities to Rapid Launch Commercial Sustainability Programs by James Scott
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