Here we are, deep into the Covid-19 infection, which has in some ways helped some industries and crippled others. When thinking of carbon dioxide (CO2) sources and activities this year, I projected growth among many industries to be about 3% this year. We have a number of industries which may even surpass the usual projected growth, particularly when they were not really a factor when forecasting into 2021 some time back.
For example, the cannabis boom I believe has a significant place in the CO2 industry, which was not such a factor a number of years ago. New plans for upstart or expanded demands for greenhouses, and cannabis cultivating operations should be ever increasing as states give permission for more operations, such as in the US Sunbelt.
There is activity with possible new CO2 sources, some of which are not traditional, however green in nature, using feedstocks from clean sources, and perhaps the beginning of new source types which will become popular, and help fill the void, where sources such as grain–based ethanol have proven to be less than fully reliable, as we have observed during the Covid-19 virus last year. There are exciting breakthrough technologies, as well as implantation of older technologies, which are green in nature and should foster new CO2 sourcing opportunities for market demands. I find these CO2 source opportunities to be truly exciting, in light of a need to move beyond the very large national investment in fermentation by-product in the US – which is over 40% of domestic sourcing.
... to continue reading you must be subscribed
