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Big Money Rushes Into Carbon Capture. Can It Deliver This Time?

From the US climate bill to the United Nations COP summit, leaders in government and business are pushing for the technology like never before.

Executives hold shovels during a groundbreaking ceremony for the first large direct-air capture plant to be built in Texas, US by Occidental Petroleum and Carbon Engineering.

Executives hold shovels during a groundbreaking ceremony for the first large direct-air capture plant to be built in Texas, US by Occidental Petroleum and Carbon Engineering.

Photographer: Jordan Vonderhaar/Bloomberg

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The prospect of trapping carbon dioxide and storing it away so it can’t warm the planet has always been tantalizing. Now governments and companies are throwing their weight behind the technology as a way of solving the climate problem like never before.