This week on Carbon Removal Newsroom, we’re recapping a year of carbon removal— what went right, what went wrong, and what we’re expecting in 2022.
In 2021, terms like Carbon Dioxide Removal (CDR), Carbon Capture and Storage (CCS), Negative Emissions Technologies (NETs) entered mainstream climate discourse, corporate plans, and government agendas.
The IPCC’s 6th Assessment Report was released in August and underscored the need for carbon removal by highlighting the likelihood of global overshooting of the Paris goals. The United States supported DAC and carbon storage like never before with the Bipartisan Infrastructure bill passed in November.
Climeworks launched its Orca facility in Iceland, which is making rocks underground out of our atmospheric carbon pollution as we speak. Nasdaq purchased a carbon removal marketplace. A growing share of the world’s economy was covered by ambitious net-zero commitments, which imply that maybe, at some point, corporations and governments might start removing a lot of co2 from the air.
Meanwhile, Exxon snapped up some prime carbon storage property in the Gulf of Mexico, United Airlines started assuaging travelers with advertisements of airline-sponsored DAC, and China said it might keep a few coal plants open down the line but cancel out the emissions by capturing atmospheric carbon. Those stories, plus so many more, made 2021 a landmark year for the field (and we didn’t even say the words Elon Musk). Let’s rundown the year that was and look ahead to 2022.
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