Cost of capturing CO2 from air to drop to $250-$300/mtCO2e end-decade: Climeworks

The cost of Direct Air Capture, or DAC, technology is expected to drop as low as $250-$300/mtCO2e by the end of this decade for a range of a multi-megaton capacity, Barbara Truyers, manager for strategic partnerships at Climeworks, told S&P Global Commodity Insights. Climeworks, which captures CO2 directly from the air, is a pioneer in DAC technology. The company built…