Industrial conglomerate GE is the latest company to plunge into the nascent direct air capture (DAC) sector and says it plans to launch demonstrations of its technology in 2024. The news highlights the growing interest in carbon-removal technology, which is seen as a critical tool for global decarbonization and emissions-reduction goals. GE says it has been working on DAC technology for more than two years and its research arm has partnered with the US Department of Energy (DOE), academic institutions and others to get its product ready for larger-scale demonstrations.
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