The Happy Broadcast logo

Privately held, billionaire-backed Carbon Engineering Ltd. has raised enough money to design its first “negative emissions” facility to suck carbon out of the atmosphere.

A commercial negative-emissions plant by Carbon Engineering would occupy 30 acres of land and scrub one megaton of CO2 from the atmosphere per year, which is equivalent to planting 40 million trees.

Carbon Engineering has also developed another process it calls “air to fuels” which uses the carbon it captures and turns it into fuels that can power existing cars and trucks.

Source: National Post