Climeworks Unveils Cheaper, Faster Carbon Capture Tech

TL;DR Summary
Climeworks has unveiled its Generation 3 direct air capture (DAC) plant, which promises to halve both energy use and costs compared to older models. This advancement could make DAC a more viable solution for reducing atmospheric CO2, though current costs and energy demands remain high. The Biden administration and major companies are investing in this technology, with Climeworks planning to deploy its new plant in Louisiana and expand globally.
Topics:business#carbon-capture#climate-change#climeworks#direct-air-capture#environment#renewable-energy
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