While many companies have made progress capturing CO2 from the atmosphere, storing – or better still eliminating – millions of tonnes of it cheaply and safely remains a challenge.
Named after the molecular weight of carbon dioxide, 44.01 removes CO2 permanently by mineralising it in peridotite, a rock found in abundance in Oman as well as in America, Europe, Asia and Australasia. Peridotite mineralisation is a natural process, but in nature it can take many years to mineralise even a small amount of CO2. 44.01 accelerates the process by pumping carbonated water into seams of peridotite deep underground.
Unlike carbon ‘storage’, which involves burying CO2 underground in disused oil-wells or aquifers, mineralisation removes CO2 forever. This means there is no requirement for long-term monitoring or insurance, and ultimately makes the process more cost-effective, scalable and safer.
44.01’s first project will mineralise 1,000 tonnes of locally-captured CO2 every year until 2024. The company aims soon to expand its operations internationally, enabling local mineralisation without requiring costly CO2 transportation. 44.01’s goal is to have mineralised 1bn tonnes of CO2 by 2040.
As the world transitions to clean forms of energy, 44.01 is also providing new employment to engineers and geologists working in the fossil fuel industry. Given Oman has the largest concentration of peridotite in the world, carbon mineralisation could also be a boon for workers in the region. By seeking to solve global problems, 44.01 will solve local ones too.
By 2030, we choose to ensure that, for the first time in human history, the natural world is growing – not shrinking – on our planet.
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By 2030, we choose to build a world where nothing goes to waste, where the leftovers of one process become the raw materials of the next – just like they do in nature.
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We choose to fix the world’s climate by cutting out carbon: building a carbon neutral economy that lets every culture, community and country thrive.
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