Algenol believes that you shouldn’t just capture CO2 and bury it, but that we should utilize the CO2 to make products like ethanol, plastic, and many other useful carbon based products.

The CAPTURES DIRECT TO ETHANOL TECHNOLOGY™ uses proprietary algae and consumes large quantities of carbon dioxide (CO2) during the process. Algenol intends to become the world's largest recycler or utilizer of CO2.

1. One ton of CO2 is converted into approximately 60-70 gallons of ethanol.

2. 1.5 million metric tons of CO2 can be converted into approximately 100 million gallons of ethanol.

3. Over 90% of the CO2 is captured during the process.

4. Over 50% of the CO2 is utilized during in the process.

5. Algenol can use captured industrial or captured atmospheric CO2 in its process.

6. We say here today that Algenol will accept all the carbon dioxide that companies give us.