Banyu Carbon is a pioneering startup focused on drastically reducing the cost of carbon capture, a critical process for mitigating climate change. The company operates in the environmental technology sector, specifically targeting the carbon capture and storage (CCS) market. Banyu Carbon's innovative approach leverages a novel photochemical process to extract carbon dioxide (CO2) from seawater, which naturally absorbs CO2 from the atmosphere. This method is designed to be both cost-effective and scalable, addressing the urgent need to remove billions of tons of CO2 from the air annually by 2030 to prevent dangerous global temperature increases.

The primary clients for Banyu Carbon are companies and governments with ambitious climate goals. These clients are looking for reliable and affordable carbon credits to offset their carbon emissions. Carbon credits are permits that allow the holder to emit a certain amount of CO2; they are part of a broader strategy to reduce overall emissions. By providing low-cost and easily verifiable carbon credits, Banyu Carbon helps its clients meet their environmental targets while contributing to the global effort to transition to a net-zero carbon economy.

Banyu Carbon's business model revolves around the sale of these carbon credits. The company captures CO2 from seawater using sunlight or energy-efficient LEDs to drive a chemical reaction. The captured CO2 can then be stored in geological formations or utilized by various industries. This process not only generates carbon credits but also offers potential revenue streams from the industrial use of captured CO2.

The founders, Julian Sachs and Alex Gagnon, are professors of chemical oceanography at the University of Washington. They bring extensive expertise and a strong research background to the company, having published 130 peer-reviewed papers and managed multi-million dollar research projects.

Keywords: carbon capture, seawater, photochemical process, carbon credits, climate goals, net-zero economy, CO2 removal, environmental technology, scalable solution, innovative startup.