Former BP exec to lead 'The Global CO2 Initiative' grand challenge
The former head of corporate venture capital team at BP, Dr. Issam Dairanieh is leading an initiative that focuses on the reproduction of carbon emissions into commercial products. This is hoped to be acheived through the Global CO2 Initiative and CO2 Sciences Inc and aims to capture 10% of annual CO2 emissions for its work. At a press conference he stated: "We estimate that converting CO2 into products like construction materials, fuels, and carbon fiber has a market value of $800bn — $1.1tn annually, achievable by 2030."

Former BP Executive joins Global CO2 Initiative

Dr. Issam Dairanieh, the former head of the corporate venture capital team at BP, will lead a new initiative focused on converting carbon emissions into valuable commercial products.