Carbon capture and removal tech aims to limit global warming

Financial Times July 10, 2024, 06:00 AM UTC

Summary: Large polluters, tech start-ups, and governments are focusing on carbon capture and removal to limit global warming. Techniques include capturing CO₂ at emission points and removing it from the atmosphere. Challenges include effectiveness and costs. Investments could reach $175bn by 2035, with the US government offering significant support. However, deployment has been slow, with current capacities falling short of what is needed for net zero emissions by 2050.

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