The New CO2 Economy™
Today’s Fossil-fuel Economy must be replaced. The rapidly urbanizing globe needs not only the clean, baseload energy source afforded by ECO2G™, but also a way to rid the air of CO2 emitted by legacy fossil fuels (an undertaking made challenging by the cost of capturing and sequestering anthropogenic CO2).
ECO2G™'s business model offers a pathway to a new CO2 Economy™, replacing that of aging fossil fuels. With a rapidly converging set of technologies, hot, pressurized CO2 can be used not only for generating power, but also for higher-value, carbon-negative products, such as synthetic gasoline and diesel fuel, thereby ushering in an era of possibilities: clean, reliable baseload energy; a cost-effective means to capture greenhouse gases; and the affiliated production of potent carbon-negative, fossil-fuel substitutes.
In addition to the basic closed-loop ECO2G™ design, when the time is right and the economics allow them to be feasible, GreenFire Energy has plans to develop additional ECO2G™ technologies that combine CO2 and geothermal heat, several of which are currently in the development stage.