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.
The level of funding needed to accelerate and commercialize solutions is actually much less than what's being spent already on other energy technologies at the federal level.