The atmospheric concentration of carbon dioxide has risen to dangerous levels due to industrial activities. Carbon dioxide emissions are the primary driver of global climate change. The current concentration of carbon dioxide in the atmosphere is dangerous and still growing. Therefore, the world needs every tool at its disposal to prevent the most dangerous impacts of climate change. Carbon removal is the critical piece of the puzzle that Eric Phillips and Karina Taugwalder have made possible. Their product CragLev is created after capturing carbon from the air.
CragLev is a type of athletic chalk that utilizes a patented process to store carbon dioxide captured directly from the atmosphere. Eric and Karina have effectively redefined the method for producing a mineral capable of storing carbon dioxide. This discovery is a significant step in the direction of combating climate change.
Through CragLev, Eric has figured out a way to accelerate the production of magnesite, crystallized magnesium carbonate that can store carbon dioxide, which is a principal culprit of the greenhouse effect that is warming the planet. Magnesite enhances the performance of any athlete who relies on a firm grip to succeed.
Magnesite occurs in nature but takes an extended amount of time to produce, but the process that produces CragLev has condensed a process that would naturally take thousands of years. Having said that, Creglev will completely disrupt the global USD 30 billion/year magnesium market, which China currently dominates. The product will reallocate the primary source of magnesite production to the US, which will help reduce the US USD 61 billion/year trade deficit with China.
In a nutshell, the race to reduce carbon dioxide in the air is heating up. But reducing it alone won’t be enough to stop the most severe effects of climate change. It is not even enough to reach the goal of the Paris climate agreement, which is to limit global warming in this century to 1.5 degrees Celsius above pre-industrial levels. There is, however, a technology that’s being touted as a way to get the planet there faster, carbon capturing grip enhancer, CragLev, which has the potential to attract investors due to its distinctive characteristic of not only vacuuming the atmosphere of carbon dioxide but also shortening the production time and lowering the cost of a commodity mineral, magnesite.