Biden’s Risky Bet that Oil Companies Can Lead a New Climate Industry
In this article by Emily Pontecorvo, the author discusses the Biden administration's decision to align with fossil fuel companies in the pursuit of carbon removal technologies. This decision includes granting major grants to oil and gas companies for the development of direct air capture (DAC) hubs. While carbon removal is deemed necessary by climate experts, the move to involve fossil fuel companies has raised concerns among climate advocates and environmental justice groups. These concerns are not only related to giving these companies a license to continue producing oil but also to the locations of these DAC hubs, often in economically distressed areas with a history of pollution from the fossil fuel industry. The article explores the risks associated with DAC technology, potential community resistance, and calls for more equitable approaches to carbon removal projects.