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How CO2 removal can take us back to ideal state of pre-industrial era

There are good reasons for governments to utilize novel CDR methods at the same time as expanding established land-based carbon capture and storage

Smoke rises from the chimney of a paper factory outside Hanoi. Photo: Reuters
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Smoke rises from the chimney of a paper factory outside Hanoi. Photo: Reuters

Lara Williams | Bloomberg Opinion
Green investment hit a milestone in 2022: The world put as much money into replacing fossil fuels as it put into producing them, with clean energy investments jumping 31% from 2021 to top $1 trillion for the first time. Of course, it’s not job done. Annual investments into decarbonizing the economy must triple for the rest of this decade. One area that’s seen a dramatic expansion in investment lately is carbon capture.

Removing carbon dioxide from the atmosphere sounds like a fantastical solution to the climate crisis. Nevertheless, thanks to human interventions, an estimated 2 billion tons of CO2 are currently