It is increasingly clear that the rate at which carbon dioxide emissions are being reduced is not sufficient to prevent dire consequences of climate change. It appears that it will be necessary to try to actually remove carbon dioxide from the air. Such actions are termed “negative emissions.”
These days, the federal government has mostly turned its back on efforts to mitigate climate change or, for that matter, to even recognize its existence. However,the budget bill passed in February contained a major increase in the tax credit known as 45Q, which provides incentives to businesses to develop and utilize carbon capture, utilization and storage technologies.
A new carbon capture plant, sitting on top of a waste incineration facility near Zurich, Switzerland, is now sucking CO2 out of the air to sell to its first customer. The plant opened on May 31, and is the first commercial enterprise of its kind.