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Bullboard - Stock Discussion Forum Co2 Solutions Inc COSLF

CO2 Solutions Inc is a Canada-based firm engaged in the development of proprietary technologies for capturing and producing of carbon dioxide. The company is focused on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery... see more

GREY:COSLF - Post Discussion

Co2 Solutions Inc > Innovating in a silo
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Post by Co2Harvest on Dec 09, 2017 9:05am

Innovating in a silo

I think part of CST's challenge might be that there isn't enough knowledge sharing happening across provincial, state and country borders. Maybe that's for competetive reasons but from my perspective, the Ontario government is leaving the Quebec government in the dust, right now by coughing up serious $$. For example, Ontario just announced "GreenON", featuring an initial $74M in projects to reduce green house gases, one of which is a $10M project for Resolute Forest in Thunder Bay (i.e. the same Resolute that owns St. Felicien pulp mill). The solutions being explored are not necessarily from Ontario companies. E.g. CarbonCure is mentioned in another $10M project. Yet, Quebec's Carbicrete may have the better product in the end. The link to the GreenON details is below. 

Consider that CST is driving VCQ as a provincial project - i.e. they are playing a leadership role in something that their own provincial government could be playing a stronger lead in. It's too early to tell if that's a good thing or not.. but clearly the Quebec government is slower to respond with real $$ to continue to support CST because the $2Million CST recently received was from the federal body "Canada Economic Development for Quebec Regions" which is charged with promoting economic expansion in Quebec. 

Quartz has started publishing a series of 8 weekly reports on innovative Carbon Capture technologies. In my view, this is a test of whether enough (or ANY) word is getting out to the world about Co2 Solutions. Quartz's latest article (link below) is about Ethan Novek. Yup, the teenager behind Innovator Energy with the apparent (unproven?) $8 Co2 capture solution who now holds 12 patents of his own and who is also competing for the Carbon XPRIZE. Hmm.Their next articles will likely cover everything from Allam Cycle to BECCS which is absolutely fair, but CST's Enzymatic technology should also be mentioned as part of the portfolio of Carbon Capture options.

So, one has to wonder, either CST's technology is completely bogus which I have chosen not to believe, or the world is favouring other business personalities and companies because the either have no idea about CST, or the story isn't as sexy. 

Here are the articles I mentioned above. Thoughts?
<BR/><BR/>

GreenON Announcement: https://news.ontario.ca/ene/en/2017/12/new-program-supporting-low-carbon-innovation-for-industry.html

<BR/><BR/>
Quartz Article - Ethan Novek - https://qz.com/1132303/the-teenager-inventor-who-could-change-the-way-the-world-fights-climate-change/
Comment by M101 on Dec 11, 2017 12:13pm
Was there a slipped digit in that report? Because (comparing aldehyde to 1T1)  1.39 MJ/Kg = 1.39 GJ/tonne or 7X  CST´s 0.2, and the process isn´t even fast.  Or is the devil in comparing "thermal energy requirement" to "parasitic load" ? Novek et al https://pubs.acs.org/doi/abs/10.1021/acs.estlett.6b00253 Thermal energy and temperature ...more  
Comment by M101 on Dec 11, 2017 5:20pm
Seems these energy terms are not directly comparable, but not uninformative either. In 2015 CST claimed the best case for amines was 2.2 Gj/tonne but there was a study out then claiming 1.67 was possible, about 9:1 compared to CSTs parasitic load value. https://pubs.acs.org/doi/abs/10.1021/ie504617w?journalCode=iecred While Novak is comparing reboiler energy at 1.39 to an MEA value around 13 ...more  
Comment by Co2Harvest on Dec 12, 2017 5:31pm
I'm interested in anyone's thoughts on this too. Also, did Novak drop out of Xprize? Weird... and yet he's still getting press coverage? The Xprize site still lists Innovator Energy (last I checked, anyway). It will be a long wait until 2018 (2x scale up of Parahem) and 2019 (Serres Toundra comes online) but when the data starts to come in, but I imagine it will prove out everything ...more  
Comment by M101 on Dec 13, 2017 1:33am
You're right, it's only that Quartz article that says he pulled out while the prize is still featured on his minimal website
Comment by wdr522266 on Dec 13, 2017 10:28am
This post has been removed in accordance with Community Policy
Comment by CarbonWarrior on Dec 13, 2017 12:56pm
This post has been removed in accordance with Community Policy
Comment by michelleb33 on Dec 13, 2017 2:50pm
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Comment by michelleb33 on Dec 13, 2017 4:30pm
This post has been removed in accordance with Community Policy
Comment by Co2Harvest on Dec 13, 2017 5:14pm
Good catch M101 - I didn't read that far down but the way it's worded in the Quartz article, it sounds like he was too focused on pure capture, rather than finding partners (kudos to CST for finding several!).
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