New law helps U.S. firm launch Wyoming direct air carbon capture project
by Reuters on nbcnews.com
„A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives. […] CarbonCapture, founded by technology entrepreneur Bill Gross, announced the start of Project Bison in Wyoming with Frontier Carbon Solutions, marking a milestone as government and private investment pours into the nascent DAC climate technology. […] The passage in August of new law by Congress accelerated the launch of Project Bison by a couple months, giving CarbonCapture and the DAC industry the financial support and long-term certainty needed to scale up the technology, CarbonCapture CEO Adrian Corless told Reuters.“