Intended for export and domestic use, Carbon Iceland sustainable fuel will help industries to decarbonize at a faster pace than before. Therefore, Carbon Iceland operations will result in a large and a positive GHG impact for Iceland and will help significantly reaching targets for Effort Sharing Regulation (ESR) and Emissions Trading System (ETS).
As additional bi-products, Carbon Iceland will produce renewable liquid carbon dioxide. This is an ideal product for various industries such as the beverage industry, the greenhouse industry and various chemical industries.
Majority of our captured carbon dioxide will be used to produce green fuels but large quantities will also both enter pathways for green liquid carbon dioxide and also be conveyed to carbon sequestration (storage). By aiming for such a wide approach, Carbon Iceland can help to maximize benefits and targets for a wide range of industries.
