Biden administration to spend billions on Tech to suck air carbon emissions
The Biden administration is throwing its weight behind technology and plans to spend billion dollars on developing a variety of techniques that sucks carbon emissions، that is planet-warming carbon dioxide out of the air، the vacuum the climate may depend on، and is poised to announce as soon as Friday the first winners of a $3.5 billion fund dedicated to developing the machines scientists say will be needed to stop the worst effects of climate change.
The Biden administration is interested in projects proposed by Occidental Petroleum Corp. in Texas and Swiss start-up Climeworks AG in Louisiana which will be the front runners for the first tranche of this funding، some $1.2 billion.
The technology to suck carbon emissions out of the air is years away
Critics states that the Biden administration fund to develop technology that sucks carbon emissions out of the air is years away from implementation but Mr president hasn’t stopped funding efforts as the Biden administration in late May earmarked $3.5 billion toward this effort، intending to build four direct air capture hubs across the USA.
Global CCS Institute reported last October that there are 27 carbon-capture projects operational worldwide and 14 in the United States thanks to the Biden administration as well as another 108 are in development worldwide in various stages of production.
Bloomberg said that direct air capture plants proposed by Occidental and Climeworks to fight climate change are said to be the front runners for a large pot of the Biden administration funding.
Startups are working together to store carbon dioxide removed from the air
The Biden administration confirmed that startups Climeworks and Carbfix are working together to store carbon dioxide removed from the air deep underground to reverse some of the damage CO2 and carbon emissions are doing to the planet.
The Biden administration insists to spend billion dollars on developing a technology that sucks carbon emissions as the world is failing to cut carbon emissions fast enough to avoid disastrous climate change، a dawning truth that is giving life to a technology that for years has been marginal، pulling carbon dioxide and carbon emissions from the air.
DAC machines to pull CO2 and carbon emissions out of the air and store it
The Biden administration indicated that Direct air capture (DAC) involves using machines to pull CO2 and carbon emissions out of the ambient air and store it using a variety of techniques، although the industry is young and still maturing but Climeworks operates the largest DAC plant in the world in Iceland، which is able to capture 4 thousand tons of CO2 annually، but that’s equivalent only to a few seconds of humanity’s carbon emissions.
The technology that sucks carbon emissions takes multiple forms such as the one attaches industrial plants to factories، reusing or transporting carbon emitted directly from smokestacks a more experimental version envisions large facilities that could capture air، remove the carbon dioxide and store it underground and others propose using mine waste، algae farms or bio waste to decrease carbon emissions in the air.
Climeworks plant capable of capturing 36 thousand tons of carbon emissions each year
The Biden administration revealed that Climeworks company is currently building a plant that it says will be capable of capturing 36 thousand tons of CO2 and humanity’s carbon emissions each year، and other startups are looking to build plants capable of grabbing thousands of tons of the greenhouse gas from the air، even with these efforts، DAC remains costly and requires a large amount of energy.
Climate scientists warns that the world will need DAC as well as other forms of carbon dioxide removal to scale up rapidly in the coming decades in addition to the Biden administration fund as nearly every scenario to limit global warming to 1.5C، a target set under the Paris Agreement، will require removing billions of tons of carbon emissions from the atmosphere each year by mid-century.
It is necessary to capture 1 million tons of carbon emissions a year
BloombergNEF research explained that a good milepost to gauge whether that’s achievable will be if the industry can capture 1 million tons of carbon emissions a year by 2030 but the market for those services could reach $1 trillion before the end of the 2030s، if the world prioritizes high-quality carbon removal over offsets.
In recent months، the Biden administration، Tesla and SpaceX CEO Elon Musk، and companies such as Alphabet and Meta، have poured millions، in some cases، billions، into investment funds، research proposals، and grant opportunities as well as competitions to develop the technology that sucks carbon emissions، therefore، scientists argue carbon capture، which takes carbon dioxide from the air and stores it deep underground، has the potential to quickly slow Earth’s rapidly warming climate.
