Washington, DC – U.S. Senators Lisa Murkowski (R-Alaska) and Michael Bennet (D-Colo.) introduced the Carbon Dioxide Removal Investment Act to establish a new production tax credit designed to jumpstart the United States’ carbon dioxide removal (CDR) industry. The tax credit would support innovative CDR approaches that are ready to be deployed today, while also creating pathways […]
“The extreme emissions of the richest, from their luxury lifestyles and even more from their polluting investments, are fueling inequality, hunger, and—make no mistake—threatening lives.” With the world on track for 3.1°C of warming this century, Oxfam International on Monday blamed global billionaires who—with their superyachts, private jets, and investments—emit more carbon pollution in 90 minutes of […]
“CO2 spewing from a ruptured pipeline can suffocate humans and animals without notice,” more than a dozen House Democrats wrote to President Joe Biden. Reps. Ilhan Omar and Chuy Garcia led a group of House Democrats on Tuesday in urging President Joe Biden to put a moratorium on federal permitting for new CO2 pipelines—infrastructure at the center […]
Scientists have wondered what happens to the organic and inorganic carbon that Earth’s Pacific Plate carries with it as it slides into the planet’s interior along the volcano-studded Ring of Fire. A new study suggests a notable amount of such subducted carbon returns to the atmosphere rather than traveling deep into Earth’s mantle. The finding […]