Will Direct-Air Carbon Capture Be Viable?

The Energy Gang

Wood Mackenzie

Alternative Energy, Tech News, 958784, Environment, Technology, Renewable Energy, Energy, Business, Sustainability, Wind Energy, Climate Change, Cleantech, News, Solar Energy, Innovation, News Commentary

4.6 • 1.3K Ratings

🗓️ 21 September 2021

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carbon capture has long been criticized as too nascent, too expensive, and too distracting. Is that changing?

This month, the Swiss company Climeworks officially launched a direct-air capture plant in Iceland, called Orca.

The company has already signed deals with SwissRe, Bill Gates, Stripe, and Shopify to sell them credits from the plant. But the tech is still pretty expensive and relatively small scale.

Climeworks wants to build megaton-scale plants by the end of the decade. Lots of other plants are in the works. So what does this commercial launch signal for the carbon-capture industry?

Plus, new research shows just how drastically we need to slash fossil fuels to limit dangerous warming.

And, California tries to fix the busted recycling system with a “truth in advertising” law aimed at plastics companies.

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Transcript

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0:00.0	The Energy Gang is brought to you by Sungrove.
0:02.8	Sungrove is a leading provider of PV inverter solutions across the world.
0:06.4	It's also providing energy storage systems to some of the largest projects in the U.S.
0:11.1	Like the Chizolm Grid project, which is based in Texas.
0:14.2	Chizolm Grid is a 100 MW standalone battery storage installation that's going to start commercial
0:18.7	operation in the middle of this year, providing energy and grid services to the growing Texas
0:23.2	market.
0:24.2	Learn more about Sungrove's energy storage solutions by emailing them at info at sungroveamericas.com.
0:30.2	We're also brought to you by S&C Electric Conventional Wired Approaches.
0:33.9	They may still be viable, but they're not always the best solution.
0:37.0	Today, non-wires alternatives like micro-grids can provide sustainable, resilient, and economic
0:41.3	ways to deliver reliable power.
0:43.8	And S&C is here to help.
0:45.8	S&C helps utilities and commercial customers find the best solutions to meet their energy
0:49.8	needs.
0:50.8	And you can learn more at snc.com slash NWA.
0:56.8	This is the Energy Gang, weekly discussions about the fast-changing world of energy.
1:00.8	I'm Stephen Lacey.
1:02.0	Welcome.
1:05.0	Carbon capture is long when criticized as too nascent, too expensive, and too distracting.
1:12.6	But that may be changing.
1:14.3	Does a new direct-air capture plant in Iceland harrowed a new era for carbon management?
	...

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