April 2022 has been a great month for the carbon capture industry
The carbon capture, usage, and storage (CCUS) industry aims to remove carbon from the air and either store it underground or convert it into useful products from fuel to fertilizer to concrete. The technology has received a pittance from investors compared to renewable energy or electric vehicles.
Related Knowledge Center: Carbon capture
The federal government is investing heavily in the development of carbon capture and storage (or sequestration), which offers the enticing prospect of preventing carbon dioxide emissions produced during combustion from entering the atmosphere and contributing to climate change. But the technologies involved, while proven, remain expensive, an obstacle to widespread adoption.