Carbon dioxide (CO2) is the combination of two elements—carbon and oxygen. Both are critical to the quality of life. Likewise, CO2 is also labeled as a greenhouse gas (GHG). CO2 releases to the atmosphere are restricted in Europe and may be restricted by future US legislation. Such trends are limiting several project permits at present. Surprisingly, CO2 can be a valuable product and could possibly provide a Wall Street-style return on investment for its recovery and use.
Value of GHGs. CO2 is used commercially with a high value, but in limited volumes. CO2 usage is expanding for enhanced-oil recovery (EOR) and to increase methane production in coal-bed formations. EOR and coal-bed met
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