Chicago, IL. (May 22, 2018) LanzaTech, a pioneer in carbon recycling, today announced it has been named on the sixth annual CNBC Disruptor 50 list.
LanzaTech’s process is similar to making beer, except pollution, not sugar, is fermented into ethanol. This not only cleans the air, but also keeps fossils in the ground, and changes the way people think about carbon emissions.
The technology enables companies around the world to drive revenue from waste streams and work across sectors that previously would have been closed to them: for example, the steel industry using emissions to produce ethanol for cars, drop in jet fuel for planes, or synthetic fibers for the textile industry. Across the supply chain, LanzaTech promotes a “Carbon Smart™” circular economy, where both gas providers and end users can choose to be resource efficient by recycling or “locking” carbon into new products rather than making them from new fossil resources.
LanzaTech’s Carbon Smart™ model is based on the idea that consumers always have a choice. From choosing paper or plastic bags, Fairtrade coffee, organic milk and recycled paper, consumers are given the choice of where their products come from and what sort of footprint they are leaving on the planet. LanzaTech’s process will someday enable consumers to also choose where the carbon in their products comes from.
“We imagine a world where you can walk into a store and choose a Carbon Smart™ sneaker made from recycled pollution,” says LanzaTech CEO, Dr. Jennifer Holmgren. “Our goal is to have Carbon Smart™ embedded in supply chains; this is disrupting not only how we treat carbon but how we source the raw materials to make the goods we use every day! This recognition by CNBC encourages us on our journey to disrupt the carbon economy and accelerate the adoption of low carbon and circular economy principals.”
In the sixth annual Disruptor 50 list, CNBC features private companies — from biotech and machine learning to transportation and retail and even exploring outer space — whose innovations are changing the world.