Todd Gillespie of Bloomberg Green reports on Sustaera, a Gates-backed carbon capture startup.
>>>Why Carbon Capture is Key to Addressing Climate Change<<<
- Sustaera is a North Carolina-based carbon capture startup that uses a cheap and alkali-based material to sequester CO2.
- Sustaera is looking to reduce the costs of carbon capture by building its machines in a modular fashion that can be easily scaled and deployed.
- The company’s carbon capture technology is also unique in that it runs on renewable energy, not fossil fuels.
- Private sector innovation is essential to reducing greenhouse gas emissions.
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“Sustaera plans to build a unit in 2027 that can remove 1 million tons a year, requiring about 100 acres of land. The company should then be able to target a capture price of $78 per ton, Agarwal said.”
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