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  • Writer's pictureTerri Pugh

May 1, 2023 - Your Scoop in CDR!

The Global Carbon Capture Race Has Begun With its sheer scale and broad application the IRA has boosted investment in the U.S. from oil and gas corporations, created a raft of new companies focused on carbon capture and is acting as the foundation of multiple carbon storage and transportation hubs.

How carbon capture can help slow climate change | 60 Minutes (I was unnerved by the title conflating DAC and Carbon Capture) Carbfix didn't invent the process. Nature did. But nature takes millenia. After years of experimenting in Iceland's grueling outdoor laboratory, Carbfix figured out how to speed things up. Aerospace engineer Carlos Haertel told us ORCA was a milestone. Now, the hard part starts: scaling up fast enough to slow climate change.

Carlos Haertel: Whether we are taking the right direction will depend as much on societal things than on technical matters. Am I optimistic as an engineer? I am, absolutely. Am I optimistic as a citizen? Maybe half-half. I haven't made up my mind yet.

Bill Whitaker: This goal can be reached technically. It's just whether we have the political and social will to do it.

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