Remora
Carbon capture for semi-trucks
How does it work?
Remora's device captures at least 80% of a semi-truck’s carbon emissions directly from the tailpipe. They sell the CO2 to end-users who can store it away for a long time. In the future, they’ll sell credits for injecting it underground. They split that revenue with customers, so the device pays for itself in just a couple years. The device acts like a giant filter, using carbon scrubbing technology to strip greenhouse gases from the tailpipe. Dirty exhaust flows in, clean air comes out. The CO2 is automatically compressed and stored in onboard tanks. Paired with biofuels, the device makes a semi-truck carbon negative. That means the more these trucks drive around, the more CO2 they take out of the air.
Why is it needed?
To date, 38% of the Fortune Global 500 have pledged to slash their emissions. For many of these companies, there is no way to meet these commitments without cutting supply chain emissions from semi-trucks. That’s why many of the world’s largest fleets have signed up to use Remora's technology. They’re working with iconic multibillion-dollar brands, top trucking companies, and some of the most recognizable Fortune 100 companies in the world. Additionally, even if they were available today, electric semi-trucks can haul far less payload. Batteries are not nearly as energy-dense as diesel, which means electric semi-trucks can move thousands of pounds less goods because they’re hauling so many heavy batteries. They can only travel short distances, and they take hours to charge on a grid that’s still 63% fossil fuels in the US.
How does it improve life?
With Remora's device, 80% of CO2 emissions are captured, 5% of US emissions from semi-trucks and it takes 3,5 years before customers get payback on their CO2 revenue. The mission is to turn America’s 2 million semi-trucks into carbon removal devices.