BUSINESS
BUSINESS
CLIMATE CHANGE:
We MUST remove carbon.
U.N. scenario to achieve 1.5°C goal requires carbon dioxide removal (CDR).1
This means taking CO2 out of the atmosphere.
It’s climate change in reverse.
If we don’t do it, then everything changes.
Cost of < $270 per tonne by 2050
Carbon removal could become a trillion-dollar industry. Big oil companies and tech giants such as Microsoft are investing in carbon removal technology to cater to businesses that want to reduce their carbon emissions and are willing to pay for every tonne of emissions stashed away.3
OUR SOLUTION
BluSky’s key technology is founded on renewable and sustainable energy creation from biomass feedstock.
Developing low-cost energy while providing the ability to store carbon for thousands of years
Pyrolysis converts biomass to an intermediate liquid product that can be refined to hydrocarbon biofuels, oxygenated fuel additives, and petrochemical replacements.
Because no oxygen is present combustion does not occur, rather the biomass thermally decomposes into combustible gases and bio-char.
Pyrolysis of biomass produces three products: a liquid (bio-oil), and a solid (biochar), which are both carbon credit earners, plus one gaseous (syngas), providing energy to power our integrated solutions.
Our strategy aims to produce biomass energy products at scale.
Source: ars.USDA.gov
Biochar is black carbon produced from biomass sources (i.e., wood chips, plant residues, manure or other agricultural waste products) for the purpose of transforming the biomass carbon into a more stable form (carbon sequestration).[i] It can persist for long periods of time in the soil at various depths, typically thousands of years. Biochar is produced by heating biomass or waste materials containing carbon through pyrolysis. Pyrolysis involves thermal and chemical decomposition of biomass in limited or zero supply of oxygen, typically at temperatures ranging from 300°C to 1000°C. Biochar can be used as a soil amendment to improve soil physical and chemical properties, enhance water retention, and sequester carbon. It also contributes to climate change mitigation by stabilizing carbon in soils for thousands of years, preventing it from being released as carbon dioxide into the atmosphere. Biochar has shown promise in increasing crop yields, improving soil fertility, and reducing environmental pollution through its ability to retain nutrients and minimize greenhouse gas emissions.[ii]
As trees and plants grow, they take CO2 out of the atmosphere and absorb carbon to build plant structures; likewise, when they die, they decompose and return carbon into the atmosphere as CO2. This is called the carbon cycle. BluSky’s approach is to use the carbon freely captured by nature and prevent it from going back into the atmosphere.
The process begins with pyrolysis where organic waste is heated up in a pyrolysis chamber to very high temperatures with very low oxygen levels. When undergoing pyrolysis, this waste splits apart into a char and a gas. The char is known as biochar, and the carbon inside of it will stay in the soil for thousands of years
The gas in turn will go into a condenser and be used to power the pyrolysis & provide surplus energy for BluSky’s system. Any oils collected inside the chamber will be further refined into biocrude, which can be burned for energy or sold.
The surplus energy will also be used to capture more CO2 from the atmosphere (carbon solution) and turn the carbon into more rock (carbonate solution). This hybrid approach is designed to be capital efficient and scalable to better address climate change.
When the gas is combusted, it leaves a solid stream of CO2 that BluSky can mix with minerals to turn carbon into solid rock, otherwise known as carbonate rock.
BluSky is selling carbon credits directly as well as working with carbon credit certification brokers.
Auditors will ensure samples came from BluSky’s machines. Existing software used to monitor, report, and verify carbon captured on an ongoing basis is then integrated into BluSky’s systems.
BluSky seeks opportunities to sell carbon credits through brokers and to sell equipment to municipal governments; its aim is to be profitable primarily off carbon credits generated from the production of biochar.
Based on internal projections, BluSky anticipates that 50% of its revenue will be from carbon credits in general, 30% from equipment sales, 15% from biochar, and 5% from byproducts such as biocrude, carbonate rocks, & surplus energy.
Currently, potential carbon credit clients are large corporations purchasing through a brokerage, while potential clients interested in equipment are primarily governmental entities and medium to large size enterprises.
Designed to house infrastructure that is easily replicable and scalable for future production orders.
Produce initial plant that is designed to capture 40,000 tonnes of CO2 per year
Build out a facility that can house multiple systems that can capture upwards of 1 million tonnes per year
Mass produce machinery to mass produce megaplexes and kiloplexes
