PROVIDENCE, R.I., Aug. 19, 2011 /PRNewswire/ -- HDS International Corp. (OTCQB: HDSI), a provider of industrial ocean-based biomass production and other high-value eco-sustainability solutions, today discussed the market opportunity associated with its carbon sequestration technologies.
According to a previous report from Pike Research, a market research and consulting firm that provides in-depth analysis of global clean technology markets, under a base-case forecast scenario, global revenues for carbon capture and storage systems could reach $128 billion by 2030. In a forecast scenario that includes more aggressive assumptions for global climate policy and industry adoption, the worldwide carbon capture and sequestration market could reach as high as $221 billion in the same timeframe.
HDS International believes that it is positioned at the forefront the carbon sequestration industries by virtue of its breakthrough carbon capture and fixation technologies. While existing pathways for carbon sequestration include geological and chemical methods, these methods are often impractical and face significant secular limitations.
Geological sequestration faces limited storage capacity and the non-trivial scenario of an accidental high pressure leak or rock penetration. Chemical sequestration is also problematic as it is expensive and the energy requirement to complete this process is enormous. Biological sequestration, which includes the use of photosynthetic organisms such as algae to sequester CO2, offers the unique potential to overcome many of the hurdles faced by other sequestration methodologies and has emerged as a significant commercial opportunity.
The HDS carbon biological fixation process employs a technological chain which allows us to, with minimal expenses, capture CO2 from the source of emission and deliver such CO2 to the point of biological growth in manageable condition—rele
|SOURCE HDS International Corp.|
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