P3 Monitoring (SMC-Pvt) Ltd. introduces cutting-edge Direct Air Capture (DAC) technology, designed to effectively remove carbon dioxide (CO2) from the atmosphere. This advanced system utilizes high-powered fans to draw air into a processing facility, where CO2 is extracted through a series of chemical reactions. The captured CO2 is then either securely stored in underground reservoirs or repurposed to create new products like building materials and low-carbon fuels.
According to the Intergovernmental Panel on Climate Change (IPCC), carbon dioxide removal (CDR) plays a crucial role in reducing net CO2 emissions, counterbalancing hard-to-abate residual emissions, and achieving net negative CO2 emissions in the long term. P3 Monitoring’s DAC technology addresses these goals by providing a viable solution for sectors with challenging decarbonization needs, such as agriculture, aviation, and industrial processes.
The economic viability of DAC is underscored by its inclusion in the Goldman Sachs Carbonomics 2020 Emission Abatement cost curve, where it addresses non-abatable emissions efficiently. By capturing CO2 directly from the air and converting it into useful products or storing it permanently, P3 Monitoring offers a sustainable and cost-effective approach to combating climate change and promoting a greener future.