Forget Gold. Ditch AI Stocks. Get In on This Instead

If you're nowhere near the place you want to be with your retirement savings right now and worried about what the future has in store... you owe it to yourself to give me just 10 minutes of your time today... Do that and you'll discover the jaw-dropping details we've uncovered about the next generation of investing.

Making cement is very damaging for the climate. One solution is opening in California

ISABELLA O'MALLEY
April 11, 2024

It's a major contributor to climate change -- the way buildings and roads are made with concrete. It's also a problem that's growing as more of the world develops. So the race has been on to find solutions for a material that's responsible for roughly 8% of global carbon dioxide emissions.

Now one California startup has developed a technology that reduces carbon dioxide in the making of cement and could have the potential to operate at large scale. Fortera intercepts carbon dioxide exhaust from the kilns where cement is made and routes it back in to make additional cement. In its first effort at commercial scale, the technology is being added to a CalPortland facility in Redding, California, one of the largest cement plants in the western U.S. It opens Friday.

"Our target is about being a ubiquitous solution that can work really at any plant," said Ryan Gilliam, Fortera CEO.

Initially Fortera will produce enough to mix with about one-fifth of CalPortland's product in a blend that reduces carbon by about 10%. Gilliam said there is a strong demand for higher blends that reduce carbon by 40-50%, and for a pure product the company makes, which has 70% lower carbon.

The first large sacks are scheduled to move out the door of the Redding plant the first week of May.

Fortera evolved in part out of an earlier company called Calera that was among the first to convert carbon dioxide into cement starting in 2007. It poured some 100 tons of its low-carbon cement into California office buildings and sidewalks but shuttered in 2014 due to financial challenges. Building on that knowledge, Gilliam founded Fortera in 2019 with several former Calera employees.

There is "pretty much a cement plant every 250 miles in the world," he said, and most are located near a limestone quarry. Because it works with these existing plants and uses the same material the industry already uses, Fortera says its technology is an economically competitive option to quickly prevent carbon emissions from warming the planet.

One difference from some other low-carbon cement and concrete efforts is it offers at least the possibility of being installed widely at cement plants instead of changing how the industry currently runs.

Fortera's is one of many efforts to reduce the climate impact of concrete. The American Institute of Architects educates many of the world's largest architecture firms about carbon emissions from building materials.

Some jurisdictions including Vancouver, British Columbia have building standards that encourage lower-carbon concrete. California passed a law in 2021 that requires the state's Air Resources Board to develop a strategy for the state's cement industry to reduce its greenhouse gas emissions by 40% by 2035 and achieve net zero by 2045.

The First Movers Coalition, an organization of more than 90 companies, has an initiative announced in 2021 to create greater demand for low-carbon cement through their immense buying power.

The same year, 40 of the largest cement and concrete manufacturers announced a commitment to making concrete that does not contribute to climate change by 2050 through the Global Cement and Concrete Association. They agreed to reduce emissions from cement, fossil fuel use in manufacturing processes and to develop new ways to capture carbon.

Concrete is the second -most used product on Earth, aside from water. Cement makes up 10-15% of concrete by volume, but accounts for 88% of concrete's considerable emissions. Other ingredients in concrete are sand, gravel, crushed stone and water.

Manufacturing one ton of cement emits nearly one ton of carbon dioxide. There hasn't been a simple replacement.

"The societal benefits of concrete are absolutely immense ... it's the backbone of modern society," said Thomas Guillot, CEO of the Global Cement and Concrete Association. Other materials sometimes fail to compete because they are not as durable, can't support as much weight, or can't stand up as well to heat, he said.

HOW FORTERA'S TECHNOLOGY WORKS

Cement manufacturers heat kilns to about 2,500°F (1,400°C) to break down limestone and separate it into carbon dioxide and calcium oxide.

Fortera's process sucks the carbon dioxide out and pipes it into a machine where it is turned into a solid. Its technology works at around 1,800°F (1,000°C), which requires less energy and emits less carbon.

When the captured carbon dioxide is mixed with calcium oxide, it turns into a kind of limestone that becomes cement-like when wet. This product, which Fortera calls ReAct, is blended with other ingredients to make concrete.

Fortera uses a 15% blend of ReAct in concrete because that is all that is allowed under existing industry standards that regulate material strength and durability.

The company is trying to get a product that is 100% ReAct approved as a replacement for cement and says its testing has shown it can meet international requirements, but the regulatory process will take over five years.

Some of the fastest-growing consumers of cement are in Southeast Asia and Africa, so global solutions are critical.

"The United States has to do what it can and be a leader to help other countries," said Mike Ireland, president and CEO of the Portland Cement Association, the national trade association for U.S. cement manufacturers. "But we have to get the rest of the world, particularly the Global South, as they industrialize to leapfrog some of the technologies we had."

Carbon emissions from cement manufacturing is "an existential threat to the world and for our industry," he said.

___

The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Continue Reading...

Popular

Record broken for most passengers screened at US airports, TSA says

ATLANTA (AP) — A record was broken for the number of airline travelers screened at U.S. airports, the Transportation Security Administration said Saturday.

What's open and closed on Memorial Day

In what had long been celebrated every May 30 to honor America's fallen soldiers, Memorial Day officially became a federal holiday in 1971, observed on the last Monday in May.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Trump Media and Technology Group posts more than $300 million net loss in first public quarter

SARASOTA, Fla. (AP) — Trump Media and Technology Group, the owner of former President Donald Trump's , lost more than $300 million last quarter, according to its first earnings report as a .

Bitcoin Hits One Billion Transactions Amid Weekend Rebound 15 Years After Satoshi Nakamoto Created It — But Was It Faster Than Ethereum?

In a historic milestone for the cryptocurrency industry, Bitcoin (CRYPTO: BTC) surpassed 1 billion on-chain transactions, 15 years after its launch by the pseudonymous creator, Satoshi Nakamoto.

Why's Wall Street Pouring Money Into This Tiny Biotech? - Ad

This biotech currently has four drugs in mid to late-stage clinical trials. And any one that gets approved could send their share price skyrocketing. Institutional investors are taking notice...They more than doubled their stock purchases of the company in the final quarter of 2023...Do they know something you don't?

Taylor Swift bill is signed into Minnesota law, boosting protections for online ticket buyers

MINNEAPOLIS (AP) — People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a so-called Taylor Swift bill signed into law Tuesday by Gov. Tim Walz.

The Biggest Year in Crypto Is Here... Right Now - Ad

The LAST bull run in crypto handed out 4 and 5-figure returns... This time the odds are stacked even better in our favor. 19 Wall Street banks are pouring millions into crypto right now... Blackrock Financial has gone ALL IN and is already breaking records with their investment. $100 trillion in Wall Street money is just waiting to be deployed. The only thing missing... is you.

Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion

Curaleaf Holdings, Inc. (OTC: CURLF), a leading international cannabis company, reported its financial results for the first quarter of 2024.

Schwazze's Q1 2024 Financial Results: Takes A Hit In Colorado, Overall Cannabis Sales Up By 9%

Medicine Man Technologies, Inc., operating as Schwazze (OTC: SHWZ), announced its financial results for the first quarter ended March 31, 2024.

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

Jim Cramer, Who Once Called GameStop 'Arguably The Worst' Company In America, Says It 'Now Has Enough Cash To Become Something Other Than' A Meme Stock

Jim Cramer, host of CNBC's "Mad Money," who once criticized GameStop as "arguably the worst" company in America, now sees potential for the company, congratulating it on raising $933.4 million through an at-the-market equity offering program.

Top 3 Materials Stocks You May Want To Dump In May

Three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Major agricultural firm sues California over farmworker unionization law

SAN DIEGO (AP) — One of California's most influential agricultural companies filed a lawsuit Monday against the state to stop a contentious law to help farmworkers unionize that Democratic Gov. Gavin Newsom reluctantly signed two years ago after pressure from the White House.

Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice

Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. 

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Nvidia's AI Dominance Evident As Tech Behemoths From Microsoft To Meta And Google Keep Pumping Billions Into Chipmaker, Analysis Reveals

Nvidia is set to release its first-quarter earnings, and the company is already making waves in the AI sector. The tech giant's AI infrastructure is in high demand, as evidenced by the increased capital expenditures of its major clients.

Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

$25 AI Stock Could Deliver Life-Changing Windfall - Ad

Discover a company at the forefront of the AI revolution, with up to $1 billion in government-backed contracts and 1,372 patent applications. Trading at just $25 a share...

Troubled EV Maker Fisker Said To Shut Down California HQ And Relocate Some Staff As Bankruptcy Clock Ticks

Some employees at the Manhattan Beach office have been informed of the relocation and have been asked to prepare for the move by collecting their belongings.

'Dogecoin Killer' Shiba Inu Burn Rate Spikes 800%, Crypto Market Rallies As Sentiment Soars And More: This Week In Cryptocurrency

The week was a rollercoaster ride for the cryptocurrency market. The crypto world was buzzing with news, from Shiba Inu’s surging burn rate to speculation of certain altcoins becoming irrelevant.

Senate Opens Door for Uranium Boom, Outlawing Russian Supply - Ad

Just days ago, Uncle Sam made the bold move to ban the importation of Russian Uranium. This could create a massive supply vacuum considering the US is the number one buyer of enriched Russian uranium.

Russian President Warns Of Global Conflict During World War 2 Victory Day Celebrations, But Says 'Will Do Everything' To Prevent Clash

As Russia marked the 79th anniversary of the Soviet Union's victory over Nazi Germany in World War II, President Vladimir Putin warned the West of the potential for a global conflict.

Warren Buffett's "Mystery Stock" - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Walmart's Q1 Beat Likely To Drive Positive Reaction In The Stock, Says Analyst

J.P. Morgan analyst Christopher Horvers maintains a Neutral rating on Walmart. The retailer reported Q1 2025 adjusted EPS of $0.60, surpassing the $0.52 consensus, and sales of $161.51 billion, up 6.0% YoY. With a 15% EPS beat driven by strong margins and good U.S. comps, Walmart posted solid results, although comps slightly missed buyside expectations.

Where Buffett, Gates, and Bezos Are Investing Now - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Second Death - Pfizer Reports Young Boy's Death After One Year Of Gene Therapy Treatment In Muscle Wasting Disorder Trial

A young patient passed away from cardiac arrest after receiving Pfizer's experimental gene therapy for Duchenne muscular dystrophy. Pfizer investigates while trials continue, including Phase 3 study. Second death associated with the therapy.

Uranium Prices Soar 74% in 6 Months! The Uranium Bull Market Is Here to Stay! - Ad

In December 2023, 22 countries pledged to 3X their nuclear capacity. Sending these uranium stocks into a frenzy. Here's 1 uranium miner that exploration records show is sitting on 2.4 million pounds of uranium.

Cannabis Company TerrAscend Posts Q1 2024 Gains In Revenue And Operational Efficiency

TerrAscend Corp. (OTC: TSNDF), a cannabis company with a presence in several states, reported its financial performance for the first quarter that ended March 31, 2024 with gains in revenue and operational efficiency.

These 5 Picks Put You on the Path Towards $500K - Ad

Give me just 10 minutes and I'll show you all the jaw-dropping details I've uncovered behind the next generation of investing... and why NOW is the best time to make your move... No games, no gimmicks...just a very real chance to rake in up to $500k in the next 12 months from these 5 'off the radar' opportunities.

US aims to stay ahead of China in using AI to fly fighter jets, navigate without GPS and more

WASHINGTON (AP) — Two Air Force fighter jets recently squared off in a dogfight in California. One was flown by a pilot.

Angel Reese, Cardoso debuts watched widely on fan's livestream after WNBA is unable to broadcast

The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media who stepped in when the league's app couldn't broadcast the game.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Netanyahu's Cabinet votes to close Al Jazeera offices in Israel after rising tensions

TEL AVIV, Israel (AP) — Israeli Prime Minister Benjamin Netanyahu said on Sunday that his government has voted unanimously to shut down the local offices of Qatar-owned broadcaster Al Jazeera.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service