(From The Guardian)
The idea is grandiose yet simple: decarbonise the global economy by extracting global-warming carbon dioxide (CO2) straight from the air, using arrays of giant fans and patented chemical whizzery; and then use the gas to make clean, carbon-neutral synthetic diesel and petrol to drive the world’s ships, planes and trucks.
The hope is that the combination of direct air capture (DAC), water electrolysis and fuels synthesis used to produce liquid hydrocarbon fuels can be made to work at a global scale, for little more than it costs to extract and sell fossil fuel today. This would revolutionise the world’s transport industry, which emits nearly one-third of total climate-changing emissions. It would be the equivalent of mechanising photosynthesis.
The individual technologies may not be new, but their combination at an industrial scale would be groundbreaking. Carbon Engineering, the company set up in 2009 by leading geoengineer Keith, with money from Gates and Murray, has constructed a prototype plant, installed large fans, and has been extracting around one tonne of pure CO2 every day for a year. At present it is released back into the air.