This document analyzes algae-based CO2 capture technology, outlining its advantages over geological sequestration. It discusses the key players in algae carbon capture, including companies in the pilot and research stages. Pilot projects have shown 40-50% CO2 capture and additional revenues from algae biomass. However, challenges remain around strain selection, land availability, retrofitting power plants, and economic viability at large scale. Overall, while still early-stage, algae carbon capture shows promise as a sustainable solution with ongoing investment and participation from industry.