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With Big Oil Declining, Carbon Removal Could Take Its Place


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With Big Oil Declining, Carbon Removal Could Take Its Place

Business

Category: Business News

A new study shows that revenues in the fledgling industry could soon come to rival those of today’s oil and gas giants.

Transitioning away from fossil fuels won’t be enough to slow climate change. The world has delayed the task of cutting emissions for so long that we likely will have to also deploy solutions to draw down carbon dioxide from the air.

Source: Bloomberg