Occidental and Climeworks big winners as Biden allocates billions for CO2 removal

The initial funding will create two carbon removal hubs in Louisiana and Texas, run by startup Climeworks and oil company Occidental respectively.

So-called direct air capture, or DAC, is an emerging technology that has not scaled up enough to make much of a difference in the fight against global warming. That may be about to change. There are currently 18 DAC projects globally, but these would be the first commercial-scale ones in the U.S.

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CO2 use in greenhouses does not disprove harm on climateAn Instagram post casts doubt on warnings about carbon dioxide (CO2) levels in the atmosphere by pointing to the successful use of the gas for greenhouse crops. This is misleading; such emissions are not all absorbed on a global scale, leading to increased temperatures and climate change.
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