- Companies are paying millions for credits that have yet to be issued from projects that operate on a small scale and may be largely untested.
- Credits from durable CDR projects that sequester emissions for centuries or longer are expensive, selling at hundreds or even thousands of dollars per metric ton.
- Businesses that invest in durable carbon dioxide removal must look past the current state of the market to where capacity needs to be years from now to see their investment meaningfully contribute to combating climate change.
To read the news visit https://www.wsj.com/articles/the-road-to-scaling-durable-carbon-removal-will-be-long-and-expensive-89a6788d?mod=environment_news_article_pos2