How Oil and Tech Giants Came to Rule a Vital Climate Industry

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Generous government support helps carbon removal play a crucial role in neutralizing emissions.

Aug. 24, 2023 5:30 am ETClimeworks has created a giant vacuum cleaner to capture carbon dioxide from the air, helping companies offset their emissions. WSJ visits the facility to see how it traps the gas for sale to clients such as Coca-Cola, which uses it in fizzy drinks. Composite: Clément Bürge

The technology to remove carbon from the atmosphere is unproven at scale and the economics are just taking shape. What has become clear this year is that carbon removal is now the realm of giant companies and big government support.Continue reading your article with

 

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