Para‖‖el Carbon

parallelcarbon.com

Parallel Carbon is on a mission to combat climate change by providing innovative solutions that simultaneously reduce emissions and remove carbon. Their technology combines Direct Air Capture (DAC) and Water Electrolysis processes, driven by solar and wind power, achieving carbon removal for under $100 per ton of CO2 and clean hydrogen production for $1 per kilogram. This dual process supports durable carbon storage and generates high-quality CDR credits and green hydrogen for industrial decarbonisation. By 2040, they aim to permanently eliminate over 2 gigatonnes of CO2 from the Earth's atmosphere annually, establishing the infrastructure for a post-fossil fuel society.