“We really think what we bring to the table is that unique front line perspective from these different stakeholders who are working on it.”
Nicholas Eisenberger
Article: Andrew Freedman, author of Axios Generate. Illustration: Annelise Capossela/Axios.
Exclusive: Direct air capture coalition launches
A new direct air capture coalition is launching Tuesday that aims to be a convener for the players in this growing field. It includes a slew of private companies, such as Climeworks, as well as nonprofits, universities and philanthropies.
Why it matters: Until now, it has been left to individual players in the nascent air capture space to explain what it is and set goals.
Context: Climate scientists say that scaling carbon dioxide removal technologies, such as direct air capture, is needed for the world to decarbonize hard to abate sectors and reach net-zero emissions. This is a daunting task.