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World’s largest direct air carbon capture facility will reduce CO2 by .0001%

climeworks direct air capture plant iceland carbon

The world’s largest carbon direct air capture facility has started construction in Iceland, run by Swiss startup Climeworks AG.

When construction finishes in 18-24 months, their facility, named “Mammoth,” will be able to remove 36,000 tons of CO2 from the air per year – which is .0001% of the 36 billion tons of CO2 emitted per year by humanity.

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Exxon CEO says no new gas cars globally by 2040, goes wolf in sheep’s clothing about CO2

darren woods exxon ceo 2040 no gas cars electric carbon capture

Every new passenger car sold in the world will be electric by 2040, according to Exxon Mobil CEO Darren Woods in an interview aired this weekend by CNBC.

The interview also covered the company’s climate ambitions, putting a flashy coat of paint on an organization that is the world’s fifth-largest historical polluter and has pushed climate denial at a high level for half a century.

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Yearly “EV fees” to replace lost gas tax revenue are less reasonable than they seem; Indiana the latest to scapegoat EVs

The Bolloré Group unveiled new Blue Indy cars that will be part of a new car sharing service later this year in Indianapolis. Photo by Andi TenBarge, TheStatehouseFile.com

Indiana recently became the latest state to suggest the idea of an “EV tax.”  As we’ve covered before, several states have implemented additional yearly fees for electric vehicles.  Even California floated the idea at one point.

At first glance, it seems almost reasonable – revenue from gas taxes is falling because cars across the board are using less (or no) gas; infrastructure spending is sorely needed but is only getting more costly thus squeezing budgets even more; more efficient cars, particularly electric cars, are getting by without paying their “fair share” because even though they use the same roads they don’t pay as much (or at all) to maintain them.

So why shouldn’t those “freeloading” EVs also be forced to pay a road use tax?  Well, there are several reasons…

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Raffle: you have a chance to win a Tesla Model S while encouraging carbon pricing awareness

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Update: Just 1 day left to get a chance to win a Model S and promote carbon pricing awareness – CXC’s website.

The Model S is becoming a popular raffle prize and this raffle in particular is for a very good cause in-line with Tesla’s mission. Climate XChange (CXC) is a nonprofit organization with the goal to reduce global warming pollution and strengthen the economy through comprehensive market-based carbon pricing in Massachusetts. 

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