Bill Gates backs effort to standardize carbon removal methods
Carbon dioxide removal (CDR) technologies vary significantly, from constructing industrial facilities to filtering CO2 from the air or seawater. However, concerns have been raised about their effectiveness in combating climate change.
What's the story
The Carbon Removal Standards Initiative (CRSI), a project aimed at developing standards for carbon dioxide (CO2) removal from the atmosphere, has been launched. The initiative is supported by Breakthrough Energy Ventures, the climate investment firm of billionaire philanthropist Bill Gates. This launch comes at a time when companies are increasingly adopting CO2 removal technologies to achieve their sustainability goals.
CDR challenges
Concerns surrounding CDR technologies
Carbon dioxide removal (CDR) technologies vary significantly, from constructing industrial facilities to filtering CO2 from the air or seawater. However, concerns have been raised about their effectiveness in combating climate change. For example, new industrial facilities consume a substantial amount of energy and the captured carbon could potentially be used to produce more oil and gas. There is curre( article continues at NewsBytes )