How 3M Is Innovating To Address Climate Challenges

Rhea-AI Summary

3M is enhancing its commitment to climate innovation through advanced materials science to drive decarbonization, energy efficiency, and resilient infrastructure. Collaborating with Svante, 3M is developing Sorbent-on-a-Roll (SOAR), a reusable sorbent filtration material to capture CO2 from the atmosphere. Additionally, 3M's partnership with Voltiris aims to transform greenhouses into energy-independent entities using thin films to harness optimal light for plant growth and solar energy production. 3M is also supporting the hydrogen economy with nanostructured catalysts and investments in hydrogen production technologies, aiming to reduce hydrogen production costs by 80% and fuel an industry projected to reach $2.5 trillion by 2050.

Positive

• 3M is developing innovative solutions like Sorbent-on-a-Roll (SOAR) to capture millions of tons of CO2, aiding global decarbonization efforts.
• The partnership with Voltiris aims to make greenhouses energy-independent, potentially reducing energy costs by up to 70%.
• 3M's nanostructured catalysts help significantly reduce hydrogen production costs, supporting a hydrogen economy projected to reach $2.5 trillion by 2050.
• Collaborations with major companies and investments in hydrogen production technologies bolster 3M's position in the sustainable energy sector.

Negative

• The press release lacks specific financial data or projections that detail the immediate economic impact of these innovations on 3M's financial performance.
• While the initiatives are promising, the actual timeline and feasibility for large-scale implementation remain uncertain.
• There is no detailed information on the potential risks or challenges in developing and deploying these technologies.

Originally published on 3M News Center

NORTHAMPTON, MA / ACCESSWIRE / June 11, 2024 / As the world looks to accelerate climate action, 3M is intensifying its commitment to climate innovation-using cutting-edge materials science to advance decarbonization, energy efficiency, resilient infrastructure and more. 3M's diverse global portfolio and deep technological expertise enables our company to develop products that consumers and other companies can use to tackle some of the most pressing climate issues. Below are just a few areas where 3M Science is making an impact.

Removing carbon from the atmosphere

Carbon capture is essential to global environmental stewardship. To get to net-zero atmospheric carbon, the world needs to remove at least 1-2 gigatons annually directly from the atmosphere-one gigaton of mass is roughly equivalent to 200 million elephants.

To help advance decarbonization and direct air capture, 3M is collaborating with companies like Svante to innovate solutions like Sorbent-on-a-Roll (SOAR), a reusable sorbent filtration material that acts like a sponge to adsorb CO2 from the atmosphere. When a filter box of SOAR material is saturated, the carbon is removed by steam heat and can be permanently sequestered, enabling the filter to continue adsorbing more carbon.

By leveraging each company's capabilities - including 3M's ability to produce advanced filtration technology at-scale - 3M and Svante believe it will be feasible to capture millions of tons of CO2 from diverse sites around the world.

Turning greenhouses into power plants

Greenhouses are an essential tool to meet growing food production demands, which must increase by 50-70% while simultaneously minimizing environmental and energy impact. In the US, greenhouses cover 13.9 million acres and are expected to grow 10% annually.

3M is partnering with Voltiris to transform greenhouses, helping them become energy-independent while simultaneously improving plant growth and yield. 3M's solution is light management, using an array of thin films to capture the optimal light waves to grow plants, then utilizing the remaining light waves to produce solar energy that can provide up to 70% of a greenhouse's energy needs.

There is no one-size-fits all solution when it comes to greenhouses and the challenges they have. This is why 3M will soon be offering a portfolio of thin film solutions to help reduce energy use and increase crop yield.

Making clean hydrogen power a reality

Green hydrogen-a sustainable fuel source produced using renewable energy-is a critical strategy in reducing global carbon emissions, especially for hard-to-decarbonize industries like steel production and long-haul transport. It is estimated that clean hydrogen will supply 15% of global energy demands by 2050, abating carbon emissions up to 80 gigatons.

To meet this need, 3M is supporting the developing hydrogen economy-from production to storage and shipping solutions. For example, just ten grams of our innovative 3M™ Nanostructured Supported Iridium Catalyst Powder can help separate ten tons of hydrogen from water while preventing 100 tons of carbon emissions annually. It can help the industry reach its goals to reduce hydrogen production costs by 80% and create momentum for an industry estimated at $4.3 billion by 2026 and $2.5 trillion by 2050.

Additionally, 3M has invested in EVOLOH, a California-based developer of electrolyzer stacks for hydrogen production, and signed a joint research project agreement with HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) to develop large liquid hydrogen storage tanks using 3M Glass Bubbles-high-strength, low-density hollow glass microspheres.

View additional multimedia and more ESG storytelling from 3M on 3blmedia.com.

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SOURCE: 3M

View the original press release on accesswire.com

FAQ

What is 3M's Sorbent-on-a-Roll (SOAR)?

SOAR is a reusable sorbent filtration material developed by 3M to adsorb CO2 from the atmosphere, aiding in decarbonization efforts.

How is 3M transforming greenhouses?

3M is partnering with Voltiris to use thin films that capture optimal light waves for plant growth and produce solar energy, potentially providing up to 70% of a greenhouse's energy needs.

What role does 3M play in the hydrogen economy?

3M supports hydrogen production with innovative catalysts and invests in hydrogen technologies, aiming to reduce production costs and support an industry projected to reach $2.5 trillion by 2050.

How will 3M's innovations affect climate change?

3M's innovations in carbon capture, greenhouse energy solutions, and hydrogen production aim to reduce global carbon emissions and enhance energy efficiency.