The US has big, new plans to pull CO2 out of the air

Collector containers at the ‘Orca’ direct air capture and storage facility, operated by Climeworks AG, in Hellisheidi, Iceland, on Tuesday, Sept. 7, 2021. Startups Climeworks and Carbfix are working together to store carbon dioxide removed from the air deep underground to reverse some of the damage CO2 emissions are doing to the planet. | Arnaldur Halldorsson/Bloomberg via Getty Images

Despite the efforts of delegates at this month’s , the world is still potentially catastrophic levels of global warming. Now, some countries and corporations are turning to new technologies to pull carbon out of the air.

Today, the US Department of Energy (DOE) announced a bold new to make those technologies, called carbon dioxide removal (CDR) technologies, cost-effective and scalable with the launch of a new “Carbon Negative Shot” initiative. Through this initiative, the agency seeks to bring the cost of CDR down dramatically this decade — to less than $100 a ton — so that it can be deployed at a big enough scale to remove “gigatons,” or billions of tons, of carbon dioxide from the...