Carbon dioxide extraction company Carbon Engineering receives $68M investment

Carbon dioxide extraction company Carbon Engineering receives $68M investment

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Chalky grains of calcium carbonate are the result of concentrating the CO2 that’s extracted from the air

A technology that removes carbon dioxide from the air has received significant backing from major fossil fuel companies. Image copyright
Alamy

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Carbon Engineering’s direct air capture plant

Why are fossil fuel companies investing in this process? “Carbon Engineering’s direct air capture technology has the unique capability to capture and provide large volumes of atmospheric CO2,” said Occidental Petroleum’s Senior Vice President, Richard Jackson, in a statement.

Source: www.bbc.com