Parallel Carbon Limited

Parallel Carbon is dedicated to tackling climate change by introducing a cutting-edge solution that both reduces emissions and extracts carbon. Their strategy integrates Direct Air Capture (DAC) with Water Electrolysis, harnessing solar and wind energy, alongside hyper-reactive minerals. This innovation enables carbon removal at a cost of less than $100 per ton and clean hydrogen production at $1 per kilogram. The dual process not only ensures reliable carbon storage but also produces valuable Carbon Dioxide Removal (CDR) credits and sustainable hydrogen for industries aiming for decarbonization. By collaborating with global experts from the US and UK, Parallel Carbon endeavors to lay down the infrastructure for a society beyond fossil fuels, seeking collaboration and advancement across nations. Their vision is to permanently extract over 2 gigatonnes of CO2 from the atmosphere annually by 2040, indicating a significant shift in carbon capture and climate recovery efforts.