Government incentives have bolstered the carbon removals sector, but should that money be helping heavy industry capture their emissions or uplift technologies that are already low emitters?
An influx of public and private investment could make machines that pull CO2 from the air a larger part of the climate solutions equation than many thought possible. But how fast can DAC scale?
The industry needs to share lessons, so companies are publishing playbooks about how they are selecting and valuing projects that have verifiable permanence.
Experts believe direct air capture investments are necessary to “decarbonize in parallel” with renewable energy deployment. A number of developments make 2021 look promising for progress.