Developing new markets for carbon dioxide will be vital to make coal to liquids and coal gasification economically competitive, says one Ameican entrepeneur.
There are a number of applications for carbon dioxide, said James Mayer, president of A. J. Mayer International. It can be used for enhanced recovery of oil, natural gas and coalbed methane as well as enhancing agricultural growth.
Recently, researchers began using carbon dioxide to feed algae and accelerate their growth in tubes for use as a feedstock for ethanol fuel. Carbon dioxide is also sold for use in dry ice production and carbonation.
$quot;Once these markets are further developed, there will be more applications discovered; right now, believe it or not, there’s a shortage of carbon dioxide,$quot; Mayer said.
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