Direct air capture or DAC is one of the many strategies we need to employ to achieve the goal of net-zero carbon emissions by 2050. So, how do we scale up the DAC industry to capture the hundreds of millions of tons of CO2 we need to remove from the atmosphere? And what would that kind of growth mean in terms of business opportunities and job creation?
John Larsen is a Director at Rhodium Group, an independent research firm that analyzes global disruptive trends. He leads the firm’s US power sector and energy systems research, specializing in the analysis of clean energy policy and market trends. Today, John joins Ross, Christophe, and Aldyen to discuss his team’s most recent report and associated webinar, Capturing New Jobs and New Business: Growth Opportunities from Direct Air Capture Scale-Up.
John outlines the policy recommendations he suggests to ramp up the construction of DAC plants, offering insight around potential government subsidies for decarbonization and sharing what policy solutions work (and which ones don’t). Listen in as John explores the clean tech innovations he finds interesting and introduces us to the most promising commercialization pathways for reaching net-zero emissions by 2050!
Resources:
Rhodium Group
John at Rhodium Group
Capturing New Jobs and New Business: Growth Opportunities from Direct Air Capture Scale-Up
Capturing Leadership: Policies for the US to Advance Direct Air Capture Technology
45Q Tax Credit for Carbon Sequestration
California’s Low Carbon Fuel Standard
The DOD’s Plan to Produce Jet Fuel from Seawater on Aircraft Carriers
Klaus Lackner at Arizona State University
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