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new-carbon-conversion-initiative-launched
new-carbon-conversion-initiative-launched

New carbon conversion initiative launched

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The Urban Future Lab at New York University-Tandon, Greentown Labs, and the Fraunhofer USA TechBridge Programme have launched the Carbon to Value Initiative (C2V Initiative).

A unique partnership driving the creation of a thriving innovation ecosystem for the commercialisation of carbon tech, the C2V Initiative will look at technologies that capture and convert carbon dioxide into valuable end products of services.

Supported by the New York State Energy Research and Development Authority (NYSERDA) and the Consulate General of Canada in New York (CNGNY), the three-year initiative also hopes to connect innovation young companies with industry leaders in the chemical, advanced materials, energy, and other sectors.

“Commercially viable solutions to the removal of carbon from the atmosphere and the creation of high-value end uses for that carbon are necessary, as we week to solve the climate change problem,” said Pat Sapinsley, Managing Director of Cleantech Initiatives at NYU Tandon.

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