Researchers at Cornell University have made a brilliant and environmentally friendly discovery: plastics made from orange peel and a greenhouse gas. By adding a zinc catalyst to a mix of citrus fruits, such as oranges, and carbon dioxide, they found a way to make a new polymer called polylimonene carbonate, very similar to polystyrene, a petroleum-based plastic. This is a double whammy: it will reduce existing carbon dioxide, almost certainly responsible for the global warming effect, while reducing future emissions. Of course, time will pass between this discovery and its practical applications. But ultimately, this will greatly beneficial to all of us.
Industrial pork operations usually collect excrement in pits where it decomposes naturally, emitting methane into the open air. But Chilean food producer AgroSuper, spotting the Kyoto opportunity, installed $30 million in technology to handle the waste of 100,000 pigs, covering pits with vast plastic sheets and drawing off the methane, some to flare, some to use in generators to power farm operations.
Though less prevalent than carbon dioxide, methane is a more potent greenhouse gas. Each ton of contained methane earns AgroSuper some 20 "CERs" - certified emission reductions equivalent to 20 tons of carbon dioxide.
The Chilean agribusiness will divide 400,000 CERs per year for nine years between the Japanese and Canadian companies. Wharton estimated this would meet 10 percent of TransAlta's needs for reductions.
A credit currently sells on the new European carbon market for about $10. But terms of the AgroSuper deal, still awaiting final U.N. approval, were not disclosed.