OxyGenesis GmbH offers large emitters of CO2, such as power stations, waste incineration plants and industrial companies, a new way to drastically reduce their CO2 emissions.
In doing so, biomass from aquatic plants is generated on the basis of CO2 by means of a patented system. Said aquatic biomass is a source of proteins, carbohydrates, fats, etc. In addition, this biomass may be used as a raw material for the production of, for example, ethanol, pellets, and biogas for power generation.
Using the OxyGenesis system on an upscale level, the emitting companies will not require any CO2 trading rights any more. This means that excess CO2 trading rights may be sold.