Go to the dictionary of any climate report and it will look like a cat ran across the keyboard. This is especially true when talking about carbon sequestration. Acronyms—DAC, MRV, and EOR, to name a few—are heads. Throw in phrases like "increased rock weathering" and "carbon sink" and it's enough to throw the message into the lake. But given the role that carbon sequestration is likely to have to play in the coming decades if the world is to limit global warming – and its importance in the COP28 climate talks – this is not appropriate. Bloomberg Green offers a cheat sheet to resist that urge and help demystify a market that could be worth as much as $1 trillion by the late 2040s, according to BloombergNEF. It remains to be seen whether any of these technologies that capture, move, store and even remove carbon dioxide from the atmosphere can scale up to meaningful scale. Many of these methods are still in their infancy, and those that have been around for decades have largely failed to live up to their promises. Given that the world will likely need to remove billions of tons of carbon per year by mid-century if it is to limit global warming to 1.5°C, at least some of these technologies will (hopefully) play a role in reducing atmospheric CO2. As countries look for new ways to address the climate crisis beyond what is needed, rapid reductions in carbon emissions, the list is likely to grow. ( , Bloomberg News)
Carbon capture is confusing. Here are 14 terms to help you understand
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