Factbox: Energy firms bet big on carbon capture projects in U.S., Canada

📆 3/10/2023 8:00 PM
📰 ReutersScience

⏱ Reading Time:
7 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 51%

United Kingdom United Kingdom Headlines News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Energy companies are making big investments in carbon capture projects, in their bid to slash greenhouse gas emissions to achieve net-zero goals.

A carbon capture and storage process captures carbon dioxide generated from industrial activity, transports it, and then stores it underground.The United States has committed $3.7 billion to finance such projects and meet its goal of net-zero emissions by 2050.

The Inflation Reduction Act offers direct air-capture projects a per-tonne credit of $180 versus $50 previously.

Write Comment

Great, spend billions and billions so you can keep doing the same thing, versus just building zero emission nuclear plants....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Scientists discover enzyme that can turn air into energy, unlocking potential new energy sourceA relative of the tuberculosis bacterium has long been known to convert hydrogen from the air into electricity. Now, scientists have discovered how. Looks like french fries 😃 Anyone else read M. smegmatis and first thought was…? Visualization Structural basis for bacterial energy extraction from atmospheric hydrogen
Source: LiveScience - 🏆 538. / 51 Read more »