Objective:
To mandate the adoption of SkyCycle Technology at all fossil fuel-burning power plants to significantly reduce and permanently sequester CO₂ emissions, while promoting sustainable practices through the production of high-value, marketable by-products.
1. Policy Overview
To combat the rising levels of atmospheric CO₂, all fossil fuel-burning power plants operating within the jurisdiction of [relevant authority] must integrate SkyCycle Technology to capture carbon dioxide emissions. This mandate aims to foster a more sustainable energy sector by converting captured CO₂ into stable, long-term products, specifically high-purity calcium carbonate, for use in industries such as pharmaceuticals and manufacturing.
2. Scope
This policy applies to all existing and new fossil fuel-burning power plants, including coal, oil, and natural gas plants, operating within [relevant jurisdiction]. Each plant will be required to install and operate SkyCycle Technology or equivalent carbon capture systems capable of producing high-purity calcium carbonate.
3. Implementation Timeline
- Phase 1 (Pilot Phase): Within 1 year of the policy’s enactment, selected facilities will begin pilot programs with SkyCycle or equivalent technology to assess feasibility, process integration, and product quality.
- Phase 2 (Full Implementation): Within 3 years, all fossil fuel-burning facilities must have implemented fully operational SkyCycle systems.
- Compliance Reviews: Annual reviews will ensure that facilities meet capture and production targets.
4. Compliance and CO₂ Capture Standards
Facilities will be required to:
- Capture a minimum of 90% of their CO₂ emissions via SkyCycle technology.
- Demonstrate an annual output of high-purity calcium carbonate products proportional to captured CO₂.
- Submit quarterly reports on capture efficiency, product output, and economic impacts.
5. Product Use and Market Integration
By creating high-value calcium carbonate products, facilities can offset operating costs, support market demand, and provide stable, long-term storage of captured CO₂ in commercial applications. Industries targeted include:
- Construction materials (e.g., paint and sealants) where CO₂ is locked into durable products.
- Pharmaceutical-grade calcium carbonate production for medical and consumer uses.
6. Incentives and Support
The following incentives will be provided to facilitate compliance:
- Tax Credits and Subsidies: Offset initial installation and operational costs.
- Technical Assistance: Access to experts and funding for research and development.
- Market Access Programs: Assistance in establishing sales channels for high-purity calcium carbonate products.
7. Penalties for Non-Compliance
Non-compliance will result in:
- Fines and penalties per ton of CO₂ emitted without capture.
- Revocation of operational permits for persistent non-compliance beyond a 6-month grace period.
8. Reporting and Accountability
All facilities must maintain transparent records and submit quarterly reports to [relevant environmental authority]. An annual audit will assess compliance, environmental impact, and economic outcomes.
Conclusion:
The CCUR-FFBF policy mandates SkyCycle Technology as a critical measure for reducing carbon emissions from fossil fuel-burning plants, creating a closed-loop carbon economy that benefits both the environment and industry. By producing marketable calcium carbonate, facilities can achieve compliance in a financially sustainable manner, making carbon capture both a responsible and profitable endeavor.