DAILY INNOVATION BRIEF by Edward Kane, Journalist
D A ILY INNOVATION BRIEF By Journalists Edward Kane & Marya nne Kane HOT INVESTMENT AREA - CARBON CAPTURE TECH? Source: Climeworks and Stock Boston Consulting Group has joined other companies like JP Morgan Chase in making big investments in the nascent carbon capture industry. Here are some key facts: BCG has cut a multimillion-dollar deal with Switzerland's Climeworks to purchase 80,000 metric tons of captured CO2 over a 15-year period and also provide consulting services Climeworks has invented direct air capture technology that filters CO2 directly from ambient air for capture and removal The deal, valued by some financial news organizations at $63 million+, is considered a major win for the future of carbon capture technology Carbon capture and removal are emerging technologies to help move nations and companies toward net zero emissions Carbon capture is forecast to be a future trillion-dollar market. ELON MUSK'S NEXT BUSINESS - SCHOOLS ...