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wyl1e t1_irs3rdc wrote

Reply to comment by climeworks in The emerging climate tech sector will enjoy an 8.8 % growth rate over the next five years: tech companies that remove/reduce CO₂ emissions are “poised for strong continued growth,” reaching an expected value of $1.4tn by 2027 by climeworks

Carbon Credits are an absolute joke. DAC is extremely cost inefficient and is a distraction we should stop pushing. Corporate accountability is the first and best way and we need our governments on board. Everything else is a waste of time and money.

Edit: How about those natural "DAC" things we have on earth, called trees? How about changing the way we farm and dropping this money into subsidizing new practices instead of these big useless fans?

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Emerging-Dudes t1_irsh3wo wrote

Exactly. The best way to reduce carbon emissions is for wealthy nations to consume less, and best way to sequester carbon is to regenerate topsoils worldwide. Transition away from industrial, fertilizer based food production towards regenerative agriculture and permaculture. Oh, and plant more trees, whilst also putting a stop to deforestation for beef and pork production.

DAC is just another way for “technology” companies squeeze blood from the stone that is late stage capitalism.

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