News
New law helps U.S. firm launch Wyoming direct air carbon capture project
A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives.
Related Knowledge Center: Carbon capture
State of Play
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.