Carbon Engineering’s Licenses To Print Money

Carbon Engineering’s “software” will eat the world’s atmospheric CO2, but “hardware” in the form of real assets must be built to do that

A rendering of the engineering plans for the first industrial-scale Direct Air Capture (DAC) facility in Texas. This is not an artist’s representation, but represents over 25,000 engineering man-hours’ worth of plans. Source: 1PointFive.com
Jim McDermott, long-time investor in Carbon Engineering and founder and CEO of 1PointFive. Source: Blackwell Studios
Diagram of an injection well. Various gasses, including steam and, crucially, CO2, can be injected into the formation to force out “tight” oil. Source: Wikipedia.org
A North Sea oil platform in the mid-1980s. The flame in the top right of the photo is “waste” natural gas being burned off, giving off methane, a powerful, but relatively short-lived greenhouse gas. Source: Wikipedia.org

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