Billions Invested in Carbon Removal Facilities to Combat Climate Change
3 January 2024
In a major push to address climate change, billions of dollars are being invested in the development of carbon removal facilities. These facilities aim to capture and store carbon dioxide from the atmosphere, helping to mitigate greenhouse gas emissions. The investment comes as part of global efforts to achieve carbon neutrality and limit global warming. Carbon removal technologies, such as direct air capture and enhanced weathering, are being scaled up to industrial levels to make a significant impact. The deployment of these facilities marks a critical step towards achieving a sustainable and decarbonized future.