The Inflation Reduction Act of 2022 will soon be law, and it is a massive step for US climate ambitions, bringing $369 billion for climate solutions. In particular, carbon removal will get a big lift.
Carbon removal experts and startups are rushing to prepare for this new wave of funding, which will test if technologies can deliver on their ambitions. Carbon removal startups aspire to take out billions of tons of CO2 from the air each year. With the new legislation, the United States can deploy policies and technologies to accelerate the sector. But these tools do not guarantee carbon removal will succeed.
Read the full article written by Calli Obern, Director of Policy at Capture6.