Indian Oil &amp; IIT Delhi select n0c tech for Carbon Capture &amp; Storage Technology

Meet Sidhant Kumar, founder and CEO of&nbsp;n0c tech&nbsp;and a second-time entrepreneur who is trying to decarbonise industries to meet the net zero carbon emission as envisioned by the Paris Agreement.



After the acquisition of his first startup&nbsp;Halanx, an AI-powered fintech platform, Sidhant has been working on a climate-tech breakthrough to help industries reduce their carbon footprint and minimise the risks associated with climate change.



Nowadays, climate change is one of the biggest challenges mankind is going through and its impact can be easily observed everywhere in the world. Industries, being the major contributors to carbon dioxide emissions, need to really look into their industrial processes and implement solutions that can minimise the risk of global warming.



As per the ‘CO2&nbsp;Emissions in 2022‘&nbsp;<a href="https://iea.blob.core.windows.net/assets/3c8fa115-35c4-4474-b237-1b00424c8844/CO2Emissionsin2022.pdf" target="_blank" rel="noreferrer noopener" style="color: #007bff; text-decoration: underline;">report</a>&nbsp;by the International Energy Agency, global carbon dioxide (CO2) emissions from energy combustion and industrial processes grew to an all-time high of 36.8 billion metric tons.



This huge amount of emissions by industries like power plants, steel plants, cement plants, oil and gas refineries, transportation and shipping industries has increased the average global temperature leading to extreme weather and climate-related disasters like floods, droughts, forest fires, avalanches, heatwaves, species extinction, human health hazards, etc.



There are many ways to decarbonize industries and reduce emissions&#8230;&#8230;



To Read Further: <a href="https://metastory.in/n0c-tech-founder-sidhant-kumar-decarbonising-industries-to-net-zero/" target="_blank" rel="noreferrer noopener" style="color: #007bff; text-decoration: underline;">https://metastory.in/n0c-tech-founder-sidhant-kumar-decarbonising-industries-to-net-zero/</a>

How Sidhant Kumar of n0c tech is Decarbonising Industries to Net Zero?

An exclusive interview with Sidhant, Founder &amp; CEO of n0c tech



In an exclusive interview that delves into the world of innovation and technology, we have the privilege of engaging with Sidhant, the visionary Founder and CEO of n0c tech. With a passion for cutting-edge solutions and a keen eye for emerging trends, Sidhant has steered n0c tech to the forefront of the industry.



As we sit down to discuss his journey, inspirations, and the future of his brainchild, we gain valuable insights into the mind of a dynamic entrepreneur who is reshaping the tech landscape.



Could you introduce yourself and provide some insights into your journey that led you to establish n0c tech at such a young age?



Sidhant:&nbsp;I am Sidhant, 24 years old, studied at New York University &amp; Delhi Technological University (Formerly Delhi College of Engineering). I have done scientific research in the university’s lab – Robotics &amp; Machine Intelligence Lab and Chemistry Lab.



I have written research papers on 3D printable UV curable bio-nano composite as green building material, bio-nano-robots for therapeutic delivery to treat CNS disorders, and on energy efficient carbon capture tech.



Earlier, I had founded Halanx, an AI powered fintech platform, to eliminate security deposits while renting, and make renting homes affordable for low-middle income renters in India. This startup was acquired by Naxome, a construction tech company, wanting to enter into the fintech domain.



Why did I start n0c tech? One day, in the extreme summer of Delhi, i got a call from hospital, that “Your mother is hospitalised, and fainted due to heat stroke”. That struck me. The Delhi temperature in summers is so extreme that I can’t go outside for lunch during hot summers. This is the impact of climate change. I felt that kids, families and all of us, face extreme heat



waves &amp; strokes with high temperatures. Temperature across the globe has increased substantially, and climate disasters like forest fires, melting glaciers, and health hazards are increasing in frequency.



As per International Energy Agency, 36.3 billion metric tons of co2 is emitted every year, by industries like power, cement, steel, oil &amp; gas refinery, transportation, etc. This increased co2 emissions increase average global temperature, and causes climate disasters we mentioned above.



This problem struck me personally, that humanity is facing the climate disaster, and these problems are increasing globally, and will become extreme climate disasters in future. If we continue to emit co2 as usual, then Earth will become inhabitable by 2100.



So, I started research on decarbonization, and talked to many emitting companies and officers in the Ministry of Environment, forest &amp; climate change.&nbsp;Natarajan Chandrasekaran of Tata Group&nbsp;said “Changing the whole trillion dollar Industrial infrastructure by electrification and process changes will cost trillion dollars, and hundreds of years.



Renewables, and EVs can only decarbonise a part of industries, but there is still major gap left in emission reduction, where it’s very hard to decarbonise, and we need low cost plug and play solutions, like carbon capture, but traditional carbon capture takes very large space, costs millions of dollars, and consumes a lot of energy, so can’t be adopted at scale. We need advanced, low cost, energy efficient carbon capture solutions”.



This is what we are building at n0c tech, an advanced, electric carbon capture machine that costs 85% less &amp; consumes 50% less energy than traditional tech like liquid amine scrubbing. The Industrial emitters with high scope 1 emissions can plug this carbon capture machine to their flue gas source, and capture 90%+ co2, without emitting that to the atmosphere.



Even big companies with high scope 2 &amp; 3 emissions in logistics, airlines, trucking, etc can buy high quality, verified, carbon credits from n0c’s Direct Air Capture



Machine. This way, Industrial Emitters and big corporations can reduce their emissions, and reach a net zero carbon future.



As per the Paris Agreement signed by 196 countries, governments are forming new carbon regulations, like Inflation Reduction Act by Biden’s US Government, and Carbon Credit Policy by Narendra Modi’s Indian Government, and Governments in Europe are already putting climate taxes, and penalties on emissions.



Big banks &amp; investors are investing in sustainable companies, and are checking ESG reports and CDP scores of companies, before investing. Customers love environmentally friendly brands, like Tesla’s skyrocketing sales and market cap.



At n0c tech, we are on a mission to take the whole world to a net zero carbon future, with preserved natural resources and earth for our kids.



n0c tech is known for its innovative solutions. What unique products or services does n0c tech provide that have garnered attention and recognition?



To Read Further: <a href="https://sugermint.com/sidhant-kumar/" target="_blank" rel="noreferrer noopener" style="color: #007bff; text-decoration: underline;">https://sugermint.com/sidhant-kumar/</a>

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