$POND - Green Climate Contender
Climate change, climate change, climate change... seems like it's everywhere. Well it's happening for sure but how can we reduce our emissions in a cost effective, ecological (not just trapping CO2 and distributing it elsewhere), and economical way? Well I stumbled upon Pond Technologies. The main technology that $POND created is a bioreactor system that connects to a factory that uses algae to consume CO2 emissions and release O2 back into the atmosphere. The high levels of CO2 will let the algae rapidly grow which can also be harvested and used in many different types of products such as in bioplastics, antioxidants, and proteins.
> Attach bioreactor to a smokestack
> Grow algae while simultaneously reducing emissions
> Harvest and produce products from the algae (Currently selling micro-algae-derived antioxidant Astaxanthin under its Regenurex brand)
> Additional revenue from licensing to third parties for fees/royalties
(Financial post yt vid explains a bit more https://www.youtube.com/watch?v=XKwGqt3n3_0)
With Biden in office in the US who is definitely concerned with climate change I believe that he'll pour billions (if not trillions) of $$ into the green sector over the next few years. The Dutch government just gave $2.4B USD worth of subsidies to fund carbon capture projects.
https://www.aljazeera.com/economy/2021/5/10/dutch-govt-gives-2-4bn-in-subsidies-to-fund-carbon-capture-plan
They also will be entering into the XPRIZE Carbon Removal Competition which has a $100M prize pot funded by multibillionaire, Dogecoin enthusiast, Elon Musk.
https://finance.yahoo.com/news/former-carbon-xprise-semi-finalist-133500169.html
With everything coming together for the climate change movement IMO, $POND is definitely one to keep on the watchlist as the economy rebounds and emissions begin to pour back into the atmosphere after a year long lockdown.