Thursday, November 17, 2011
Capturing carbon dioxide and converting it into a clean renewable fuel
A few days ago, I visited the Carbon Recycling International (CRI) plant near Grindavík. The plant, designed in the U.S. and constructed with American materials, is the first of its kind in the world. A CRI official explained that the plant captures, cleans, and transforms carbon dioxide emissions into methanol—a clean burning fuel. In fact, local fuel distributor N1 is already selling gasoline mixed with ethanol produced by the plant. I filled up a U.S. Embassy hybrid vehicle with this fuel blend today. The CRI plant moves Iceland ever closer to achieving 100% reliance on renewable energy—it is already 80% there. CRI hopes to build three more plants in Iceland and eventually export methanol to Europe. CRI is also interested in expanding its operations in the U.S. and is working with several top research institutions there.