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Carbon dioxide capture, use and storage (CCUS), whether by processing emissions from industrial facilities or extracting it from the air, is garnering a lot of media attention lately: the technology to do so has existed for many years — which doesn’t mean they can’t be improved by using other approaches — but until now, there was little economic incentive.
Rising prices per tonne of captured carbon dioxide make capturing carbon dioxide an increasingly viable business model, with all that this may entail, both positive and negative. It is estimated that up to 90% of the carbon dioxide produced in high concentrations in industrial facilities can be captured using relatively simple methodologies, in addition to smaller percentages when it is captured directly from the atmosphere, where it is much less concentrated. After capture, it must be stored, which…