CO2 can bring fortune to economy

ISLAMABAD: The Pakistani economy has enormous potential to capture and exploit carbon dioxide for production of biofuels and other commercial products, reports WealthPK.
M. Naveed Anwar, a faculty member of the Sustainable Development Study Centre (SDSC), Government College University, Lahore, told WealthPK that the government and private sector can sequester carbon dioxide before and after combustion in different manufacturing procedures to produce commercial products and biofuel.
These extractions of CO2 are a sustainable and practical method that might help tackle the determinantal effects of CO2 on the environment with a zero-carbon economy in focus.
He noted that reducing CO2 and other greenhouse gas emissions is essential for preventing the worst effects of global warming.
“Many regions of the world have been devastated by droughts, hurricanes, heavy rains, floods, tornadoes, and wildfires, posing significant economic and environmental risks. In addition to fighting climate change, the new focus on utilizing CO2 to produce commercial products is driven by a desire to promote a sustainable economic solution to combat climate change in the future.
We had made efforts to convert carbon dioxide, a potent greenhouse gas, into commercially acceptable by-products,’’ he said.
The SDSC faculty member elaborated that businesses, governments, and investors were increasingly aware of the potential benefits of utilizing carbon dioxide (CO2). –INP