RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:geezWith your background, you are absolutely smarter than I am on the chemistry. I do know is that CO2 doesn't seem to be completely inert. It reacts with water to create carbonic acid, and all I can tell you is that a lot of people are in the field of CO2 usage. All I can say is that the cost of capture is now low enough that the cost not really the issue. It's about how we grow the market for it. Cost per tank to buy can range from $150 to $1000 a tonne depending upon the region. At those prices, the question should be, who else thinks they could make use of it, and how much do they want? It may absolutely be insane but this is about innovation and entrepreneurialism and I'm glad that Suncor has been investing in it.
Oldnagger wrote: Perhaps I didn't make my point to well. I am a chemical engineer , not an expert by any means, but I do sem to have remembered basic hydrocarbon chemistry and reaction kinetics. CO2 is not reactive without putting as much energy back into as was liberated when it was formed. So even though it could be reformed into other derivatives it would be insane to do so , as it would be much more efficient to start with hydrocarbons as is done today.
That goes to my other point, there is so much misinformation out there, that it is small wonder that the general public are completely bewildered , even some of the experts are. That is why I am loathe to invest in government backed schemes. I have been involved in too many. Anyone remember Heavy water plants ?
Which brings up another point. When the Liberals get involved , inevitably it is their friends that get the contract . For heavy water , it was 2 plants by SNC-Lavalin . Remember them?
Co2Harvest wrote: The current CO2 market is currently tiny and buyers typically buy by the tank at wild-ranging local prices but if the market widens to products like fertilizer, plastics, graphene, fuels etc. and they build a pipeline network for it, then the carbon emitters of the world will suddenly become carbon suppliers. That's very far off, granted. Who can predict... 15 or even 25 years? In the meantime, opportunities for hydrogen continue to grow (5-15 year timeline) and so as a Suncor investor, I'm very happy to see that they are involved in both hydrogen and carbon capture R&D. If thinking 5-25 years out into their potential growth opportunities isn't strategic enough for Suncor shareholders, I don't know what they will have to do to convince people LOL. GLTA
Obscure1 wrote: Cc2 and Oldnag:
Productive discussion guys. Thanks for your thoughtful input.