Decomposition of CO₂ into chemicals using electricity.
While potentially highly disruptive, electrolysis of CO2 is currently too expensive for commercial viability unless a very cheap source of electricity is available and high carbon taxes are enforced on the chemicals industry. Until then, the technology will remain confined to niche demonstration projects.
Project Air onboards Johnson Matthey as its technology partner for e-methanol production (March 22, 2023)
CEMEX to convert CO₂ from cement flue gas into e-methanol (March 15, 2023)