Scrubbing carbon from atmosphere could be the next climate gold rush

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Scrubbing carbon from atmosphere could be the next climate gold rush - Business Standard

Quick Summary:

And with a small but growing number of firms willing to pay for it, investors are jockeying to be first movers in what they believe will inevitably be a big industry that is necessary to help fight global warming.

Man-made products could be storing 8.“Carbon capture will increase fossil fuel production, there’s no doubt about it,” said Mark Z Jacobson, a professor of civil and environmental engineering at Stanford University.“It does not help climate one bit.

Yet, it has a uniquely alluring appeal. Stripping away some of the carbon dioxide that is heating up the world makes intuitive sense.