Advancing Direct Air Capture
29 Jun 2023
Carbon Capture, Utilization, Storage & Blue Hydrogen
As the world moves to a more sustainable future, direct air capture (DAC) is one process being developed and deployed to remove CO2 from the atmosphere and limit the effects of climate change. This industry is still in its infancy with one of the biggest challenges being costs. With funding in place for technology development and tax credits in place for deployment, the industry is likely to see extensive changes and growth over the coming decade. These changes are likely to alter the complexion of the market in terms of major players, costs, and technology.