The International Energy Agency (IEA)’s Global Energy Review estimated that global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 billion tonnes…highest ever in history.
Carbon dioxide acts like a heat blanket, trapping warm air inside the atmosphere and raising global temperatures.
The solution to this problem is either stop producing greenhouse gases or capture CO2 before it enters the atmosphere. But the carbon capture technology is still in its infancy. Currently, the world is able to capture just .1% of global emissions.
But carbon removal can help minimize the impact of the carbon that is already in the air
Removing millions of tonnes of carbon dioxide from the air is not a stuff of science fiction anymore.
In a big technological breakthrough, a U.S. climate tech company has unveiled plans for the world’s largest direct capture facility. This facility will suck massive 5 million metric tons of CO2 a year out of the air by 2030 and store it underground.
CarbonCapture Inc. has planned for the largest carbon capture facility in the world in Wyoming
Carbon Solutions, CarbonCapture Inc. has developed direct air capture (DAC) devices to suck CO2 straight from the atmosphere and compress it into a liquid. Carbon storage developer Frontier Carbon Solutions will inject this liquid into ‘deep saline aquifers.’
The goal of this collaboration project, called “Project Bison,” is to absorb five million tonnes of CO2 annually by 2030.