Bill Gates and Big Oil back this company that's trying to solve climate change by sucking CO2 out of the air

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Carbon Engineering wants to address climate change by capturing and removing carbon dioxide straight from the air, but many question whether partnering with oil and gas companies is the right move.

In Squamish, British Columbia, there's a company that wants to stop climate change by sucking carbon dioxide out of the atmosphere.

It's called Carbon Engineering, and it uses a combination of giant fans and complex chemical processes to remove carbon dioxide from the air in a procedure known as Direct Air Capture. Direct Air Capture isn't new, but Carbon Engineering says its technology has advanced enough for it to finally make financial sense.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is what trees and plant do.

Fast forward 20 years - they built too many plants in search of free government credits and now all the trees in the world are dead.

It doesn't work.

it's cool that they want to do it but what is the actual overall result does it actually change anything

Population reduction is the goal. How will this reduce population? Is it merely a profit scheme strapped onto the back of the population-reduction excuse of climate-change, already established?

Trees need CO2.

I told bill, let's just kill them all! He didn 't listen to me, the money was wasted! Where the hell is my whiskey?!

It is ironically a cheap source of free carbon.

spoiler: its not going to work

And it doesn’t work.

You can never replace the lungs of the planet with an artificial CO2 sucker which in the process of sucking will still emit CO2. Point is trees and other vegetation do this job. If CO2 quantities increase, then why not plant more trees and literally make our planet more greener

DownloaderBot

MinPres

$XSUNX, Inc. symbol (XSNX) a diversified Solar Energy Company which designs, develops, and builds Carports for businesses on West Coast! In addition it also develops storage capacity for batteries provided energy by solar. Also designs and develops solar energy projects for roofs

like trying to empty the pacific ocean with a bucket....

My question is this, is idea 💡 going to pollute 🏭 while depolluting ? Cause if it does there’s no point 1-1=0

and let me guess....your going to have to pay them to do it, to get the offsetting Carbon Credits.

Kill foliage

Don’t trees 🌲 already do that ?

Remarkably — also by sucking life force out of humanity, 🤷🏻‍♂️

I thought that was what trees were for.

So it's like a tree?

an electric car reduce the noise ....stress and gives to the environment the oportunity to speak with a clear voice....we need oil but for what reason?

the future is bright these worryness wake up the knowledge...r we using the correct energy!!!

Seems fake invention ...

TRUMP HATES THIS !!

vibration hazard stay clear

The ocean is the largest producer of CO2 and there will eventually be another ice age. Its all part of the earths cycles.

Plants convert CO2 to oxygen (7th grade science), but let's opt for a big factory with a big carbon footprint instead of fields of corn or soybeans. 🙄

Capitalism to the rescue!

They're pretty planting trees?

dornanm

What a waste of money and resources.

Just a quick question since i’m not a climate scientist: Which is worse global warming or cooling?

Going to assume that none of the Captain Planets replying 'Oh yeah, Big Oil admits climate change' read the article, which says that the CO2 captured by this tech *is used to extract more oil from the ground*.

But Angry Greta says only poverty can stop change.

This is what the tax money goes for... to line his pockets.

Carbon sequestration killed the dinosaurs. Be careful when you fool with Mother Nature.

Send it to China.

So if big oil is trying to reverse climate change how can the naysayers keep saying climate change dooesnt exist? 🤔

Yep And this is how our planet will be saved

YOU THINK WR WANT THIS HIGH SCHOOL ENGLISH TEACHER SHREW IN POWER? r u fcnnnnutzz

Having money does not guarantee brains .

Why would Bill Gates and Big Oil want to suck carbon dioxide out of the air? This is what our trees live on. They absorb carbon dixoide and release oxygen so that we have air to breathe. Bill Gates needs to be evaluated by the mental health department.

I'm sure this will reduce global temperatures by at least 0.0000000000000001 degree Celsius.

To build and maintain the whole plant probably consumed more CO2 than it ever will be able to remove...

This is the most stupid thing ever created..We will look back and think; 'Wow what a stupid masshysteria.' If carbon increase algae in sea grow more, then it dies and sediments on bottom. CO2 captured for free. Sea regulates CO2 for free.

BillGates still backing exploitation and over use, ignoring particulate pollution etc

Agricultural crops need carbon.

What about adding more greenscapes and plants in the cities instead?

Remember sucking Co² into a concentrate, is simply the same as a viable fuel source made of unspent fuel. One day we will just use the concentration of unspent fuel to respend, and complete a long bad winding cycle.

Its not a tax... though!

This article has been re-tweeted for a decade!

The solution is simple, wars must have yards, not houses of innocent people, to stop killing innocent people, I guarantee you that the climate will be okay.

It’s like the company that sells the beer also charges to use the urinal.

WOW 😱😱❤️❤️❤️🙏🙏👏👏👏😊😊YO SOY EL MÉDIUM DE LAS 13 FAMILIAS❤️🙏Y YO SOY EL DUEÑO DE CNBC❤️🙏

has anyone thought of the Clean Coal Technology program at Energy?

Bill Gates and Big Oil should know by now that you can't stop stupid.

Wow

Could you imagime if it is not C02 causing climate change and we remove alot of C02 from the atmosphere. Collateral damage or what?

And kill plants?!!

They use to call them trees and plants.

Well that’s a big sucking machine🤡👺👹

Planet Earth is a whole lot greener with more CO2 in it. More food means less famine and starvation.

Sounds like these critics are much more interested in destroying the oil industry than actually doing anything positive. Losers.

Now more than ever need more tree planting worldwide.

Before we do this, can we please see the real-world experimental evidence that CO2 heats the atmosphere? No 'consensus' or failed climate models please, but actual, physical evidence because nobody seems to be able to provide any.

stupid people plant tree they love co2. HOW STUPID can you be.

Our mission at is to build the social media platform that ends fake news

These are folks making a difference rather than playing Chicken Little.

Ya this is a great plan.... pray we never have to actually say this is our only hope because if we do we are 100% boned.

Is this what BILL GATES and JEFFERY EPSTEIN were discussing during their MULTIPLE IN PERSON MEETINGS?

What about the birds?

Sketchy

Reminds me of these.

Bill Gates is a fraud. He is currently paying a company to release chemicals into the air! The Left screams about chemtrails...what is this?

What if CO2 is helping us feed the planet by leading to greater yields for farmers? Or recovery time sped up for de forestation? Our paltry CO2 concentration of ~400 ppm is a fraction of what the Earth's atmosphere has had previously.

kashmir need attention

Will this become a Publicly traded company?

LOL Just keep driving your Porsche Bill

How about planting some TREES That sucks CO2 out of the atmosphere also..

The best fans that private prison money can buy.

Elon Musk and all them other billionaires need to be on some shit like this, fck mars and the moon.

We could also just plant a lot more trees and try to reverse desertification.

That looks like a total waste of money. Try planting some trees.

Someone should now ask: where are the fans producing the wind in this vacuum sealed system we’re all prisoners of?

Why not just plant some good old fashioned co2 loving trees?

Yeah imagine how many trees can be planted with this kind of money!

Where does electricity come from to run this thing?

👍👍

What is Stock Ticker?

Rich people's money either ends up in the pockets of the poor via charity or wasted on pie in the sky....what is new here?

or we could plant trees

Plant trees. No maintenence.

How about planting trees, lots of trees.

Direct air carbon removal through geo-engineering is absurdly expensive at scale. Prof. Simon Dietz of LSE gave a present value cost of $13.5 Trillion to go from 2C to 1.5C. Total global economic output is ~$75 trillion. Oh and there are other issues as well. So, yeah....

They are called trees! How about not cutting then down!

What are the trees going to breath without that CO2?

Big big yes☁️

There are called trees. Someone invented them long ago😂

I’ve worked the math on this like a dozen times. And you have to spend so much energy to pull that CO2 out, it just isn’t worth it.

We need all the tech we can get, to help save this planet we destroying slowly

😃🤣 🌳🌳🌳🌳🌳🌳 Plant more trees! LOL.

Like trees

😂 NationalArborDay 😉😉

Hilarious! The hubris of man is always entertaining.

What we need that

Simple Solution, trees

greta And starving the plants around it too. You know ... science.

greta What about little oil and medium oil?

You would need many millions of them

Yes! Let the private sector save the planet. No reason to force the taxpayer to sacrifice.

Asi es

AGW is a Fraud

😂😂😂😂😂😂 I swear it’s almost like a movie. Suck carbon out of the atmosphere. We are in a closed ecosystem. Are you going to shoot it into space after? Mark my words 20 years they will complain we have a carbon shortage. 😂😂😂

greta Isn't that what trees do?

But there is no such thing as [man made] climate change

One there’s there’s a thing as climate change to CO2 is plant food

greta This is a terrible idea. CO2 is only .04% of the atmosphere and is critically important to the growth of photosynthetic plants that most life, including ours, depends on. If successful you risk killing off 95% of the life on the planet. Albeit that's a big if.

Can the amount of CO2 produced to manufacture these fans be offset?

Excellent video!

greta Well at least Bills got plenty of money to burn. Looks like an exercise in futility to me.

greta They have forgotten their science lessons. Humans breathe out CO2. Trees, plants, vegetation breathe it in and need it to survive, and then produce the oxygen we breathe in. Who are truly the ones killing life on this planet? 🧐🙄

Planting is cheaper than having those machines. Man made is bad, nature made is and its been always good.

greta They have forgotten their science lessons. Humans breathe out CO2. Trees, plants, vegetation breathe it in and need it to survive. Humans eat the vegetation. Who are truly the ones killing life on this planet? 🧐🙄

It’s a bogus approach. It can be done; no you can’t afford it.

greta Gee, what will the plants use for photosynthesis?

Try planting trees....much better long term solution. Hybrid cars should be mandatory. 50 mph plus.

Plants do a better job. and much cheaper.

Lunatics

greta How about playing ting more trees?

greta Plot of Snow piercer

They could definitely use this in Beijing! BoycottPRC Polluters

Very cool, Mr. Gates

greta LOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

greta Wow a solution that doesn’t require big government and tax increases.

greta Bill Gates must have dementia.

What profound and unbound idiocy.

greta Pure stupidity how many plants can grow where there is not enough cO2? Global warming is a money and control SCAM

Chinese already has the highest air filter.. never mind on cutting emissions

greta Laughable.

greta A better solution!

Private solutions & freedom work far better than taxation & govt control

greta and BillGates they do know trees do that for free already, right

greta CO2 feeds our trees and plants!!! How stupid are they?

greta Anything expensive that can be bought for free and re-sold for $$$$$ attracts big shar ... big croo.. big money. Ask the Company that sells bottled water from the tap (and talk to the people living in the villages around who go to jail if they take water from the lake ..)

by running huge fans?

greta Are we that stupid..We need c02 so trees turn it into oxegen.. wtf

trumps_feed Short term yes, but I rather see trees and forests than these scattered around the world

greta This is not going to sit well for the grievance Industry

Trees store carbon.

greta They’ve invented an electronic plant?

Co2 tax from the poor, give it to the rich aka parasites

greta Plant trees... revegetate deserts etc

greta CO2 is the least of our problems

One world trade

And where does it go? Into the ground?👁

Interesting debate. lildickytweets is this helping us to save the earth? WeLoveTheEarth

What happens to the plants which need the CO2? Go green by killing all the green?

where is the carbon dioxide doing to go when they take it out of the air, in the ground? in containers/ in tanks.

This is an interesting topic. How many trees do we need to make a difference?

The atmosphere needs carbon di oxide. They want to suck it out and create new problems? Genius

Still need a place to put it

SapnaKathpal Fascinating! I'll just have to read into this.even thou I don't believe in global warming I do believe in climate change! thanks for the information.

Benioff Oil companies will no longer exist in tomorrowland...they need better solution before their last breath...

Benioff Doesn't sound practical...

Haven't even looked at the replys, but I'm pretty sure most say 'Plant some Trees'.

They suck CO2 out of the air to turn it into gasoline and crude oil to be turned onto CO2 again. It doesnt help the environment and it's going to waste water.

Clean air and water are two essential ingredients in order for life to exist. We have dirtied both. Now how do we get out of this terrible mess. Our problem solving ability needs to be of a much higher grade. We need to be much smarter about things.

No. CO2 is the ingredient to all plant life. Wrong move. We need more CO2.

give up beef

At least someone cares and is doing something about it.

Seriously some fans with filters ?

I thought of launching this 17 years ago... figured it was a folly without Gates $ and knew government would be highly involved from a regulatory standpoint. Glad to see him on it!!

Idiots. C02 is NOT a pollutant

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines