The world’s largest factory to capture carbon dioxide from the air has begun operations in Iceland. Reducing the amount of CO₂ in the Earth’s atmosphere would help reduce the effects of climate change.

It showcases a developing technology considered by some to be an important tool in the fight against climate change but sceptics question how much impact it can really have.
Is it a futuristic vision of how to save the planet from runaway climate change, or a futile expense that distracts from the urgency of slashing co2 emissions?

According to the companies that constructed the plant, Climeworks and Carbfix, when operating at capacity the plant will draw 4,000 tonnes of carbon dioxide out of the air every year.

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Elon Musk, Microsoft and oil giants like Occidental and Exxon Mobil are investing in carbon capture technologies. Carbon Engineering and Climeworks are two start-ups that have built machines to suck CO2 straight out of the atmosphere in a process known as direct air capture. But the technology faces a number of challenges, one of which is that there’s currently no market for the captured CO2. As a result, some companies are selling their captured CO2 to oil companies, which use it to produce even more oil.

Correction (March 4, 2021): At 9:08 we misstated a company that invested in Carbon Engineering. The correct company is BHP.

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Money Is Pouring Into Carbon Capture Tech, But Challenges Remain

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Like this video on carbon capture and subscribe here: https://freeth.ink/youtube-subscribe-carboncapture

Watch next for more on how to reduce our carbon footprint: https://youtu.be/RK7EohqKbaQ

Today, mankind’s collective activity deposits about 50 billion tons of carbon dioxide into the atmosphere each year. All of this carbon dioxide traps heat from the sun and warms the entire planet, creating new conditions that are changing life as we know it.

So scientists are suggesting Co2 extraction methods in an effort to become carbon neutral - a cycle in which we clean up as much carbon dioxide as we emit.

For the engineers who work on carbon removal at a large scale, the dream is to devise a closed-loop system in which the carbon released could be treated as a commodity or resource, rather than a waste product.

Now, a Canada-based company called Carbon Engineering is turning this dream into a reality, using cutting-edge carbon capture technology called "direct air capture" to clean the air.

See the full article on carbon capture here: https://www.freethink.com/videos/carbon-capture-technology

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