2min chapter

Carbon Removal Newsroom cover image

Tipping Point for Carbon Markets?

Carbon Removal Newsroom

CHAPTER

Challenges of Capital Backing for Dax Technology and NOAA Awards for Marine CDR Research

The speakers discuss the potential challenges of having abundant capital backing a specific version of Dax technology and its impact on efficiency and environmental considerations. They also question the incentives for producers connected to the petrochemical industry. The chapter further explores the funding of marine CDR research products by the Biden administration and NOAA's $24 million support in this area.

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