It was here that Dr. Coates discovered the catalyst needed to turn CO2 into a polymer.
With Scott Allen, a former graduate student, Dr. Coates has started a company called Novomer, which has partnered with several companies, including Kodak, on joint projects. Novomer has received money from the Department of Energy, New York State and the National Science Foundation. Dr. Coates imagines CO2 being diverted from factory emissions into an adjacent facility and turned into plastic.
Anthropogenic CO2 emissions = 7 Giga ton per year. So it will take a lot of plastics to take care of that. The promise of biopolymers is that they reduce the need for fossil fuels, and are biodegradable.
Seems to be another case where some funding and regulatory nudging away from the petroleum plastics would really help.