By Dieter Holger
Wall Street Journal , November 29,2022
Straws, bottles and packaging made with captured greenhouse-gas are starting to reach commercial scale, offering a way for businesses making and using everyday products to reduce emissions contributing to global warming.
Locking up greenhouse gas in ingredients that go into products can be costly compared with petroleum-based options and presents hurdles to building out enough infrastructure to capture emissions. Even so, big companies are increasingly willing to pay a so-called green premium for products that help reduce their carbon footprints by seeking alternatives to plastic and other materials made with petroleum.
Origin Materials Inc. and Newlight Technologies Inc. are trying to meet that demand by bringing factories online that use captured emissions to manufacture materials used to make products including clothes, tires and plastic bottles. The two companies have signed deals with Target Corp., Ford Motor Co. and other companies hoping to reduce emissions in supply chains and from the use of their goods.
“If we could use carbon emissions as a resource to create useful products, then potentially we could create a consumer-driven pathway to reducing carbon in the air,” said Newlight Chief Executive Mark Herrema. Sourcing and transporting raw inputs and captured CO2 are crucial to a product’s so-called carbon-negative credentials, meaning more CO2 is stored than created.