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- Jennifer Wilcox
Direct air capture (DAC) is one of few technology options to remove CO2 from the atmosphere and store it long term, and it has been identified as a critical technology to achieve global climate goals. However, this technology is still in early stages of development, and it will need to be scaled up to unprecedented levels to reach gigatons of CO2 removal capacity in the upcoming decade. What is the current landscape and 10 year pipeline for DAC projects? What role can governments play to accelerate DAC scale up? What further enablers does the industry need to scale up faster?
Decarbonizing the energy matrix and other high-carbon footprint industries is the critical path to minimizing global emissions and achieving the goals of the Paris Agreement. However, reaching net-zero emission will demand a herculean effort, given the technology challenges and the scale of investment demanded. What complementary technologies offer the potential to achieve the scale and economic competitiveness required to make decarbonization a reality at a reasonable cost for society? What are the roles of energy companies, technology firms, infrastructure developers, and governments in this process? What policies are needed to spur investments and accelerate technology development?