Their HQ is in Canberra, but the entire globe is watching these innovators change the world [Video]

Planet Earth could be on the cusp of a world-changing technology that could lock away 10 per cent of its carbon emissions into saleable materials, and it all began in a modest co-working space near ANU.

Canberra-based scale-up MCi Carbon has received millions in funding to catapult its carbon capture innovation out of the lab and into a pilot plant in Newcastle.

The climate change remediation solution, which is based on transforming carbon dioxide from a waste product into valuable construction materials, was founded in 2013 by prominent Canberra entrepreneur Marcus Dawe, his half-sister Sophia Hamblin Wang and a handful of fellow innovators.

Put simply, it uses chemical engineering to react CO2 in a gaseous form with minerals, locking away the CO2 into solid carbonate and silica materials. These materials are then used by third parties to create low-carbon building materials and other valuable products for the circular economy.

It …