Jim Magill of Forbes writes on the many innovative carbon capture projects that are reducing global carbon emissions.
- Scientists and other environmental experts have stated the need for us to reduce our global carbon emissions.
- Luckily, there has been an increase in carbon capture investments and startups.
- Carbon capture, according to a recent International Energy Agency will need to “form a key pillar” to achieve ambitious zero-carbon goals.
“More than 30 commercial facilities have been announced across the world in the last three years. Potential investment in CCUS projects is estimated at around $27 billion, more than double the level of investment planned in 2017. ‘This portfolio of projects is increasingly diverse – including power generation, cement and hydrogen facilities, and industrial hubs,’ the report states.”
“These proposed projects, if built, would double the current level of CO₂ captured globally, from around 40 million metric tons to 80 million tons, the equivalent of removing 17.2 million passenger vehicles from the road for one year today.”
Read the full article here.