Further out, though, carbon molecules do have value, for instance in the production of carbon nanotubes or methanol production.
Trading schemes, such as the EU ETS, will do much to highlight the commercial appeal of companies taking steps to manage their emissions.
Delta aims to help reduce company’s emissions exposure but also develop new credits in emissions avoided.
Delta’s Dual Application CO2 Capture Plant will be able to adapt to the conversion.
The company has a “core technology that is so fundamental that other opportunities can stack around it”, he said.