At the COP28, European nations are pushing to phase out “unabated” fossil fuel use, advocating for carbon capture and storage (CCS) as part of the solution, while countries like Saudi Arabia support CCS as a key discussion point, potentially aiding an industry with only 41 active projects, mostly used for controversial enhanced oil recovery. Investor […]
Read More… from COP28: Growing Focus on Carbon Capture Investments
In the linked interview Michelle You, cofounder of Supercritical, a carbon-accounting firm, emphasizes the critical role of carbon removal in achieving net zero emissions. With current global capacity for carbon removal at a fraction of the required billions of tons per year, You compares the nascent carbon removal industry to the early days of solar […]
Read More… from The Urgent Need to Scale Carbon Removal for Net Zero