An Explanation of Carbon Capturing

**Carbon Capture Technologies: A Crucial Step Towards Carbon Neutrality**

In a world where countries and companies are committed to achieving carbon neutrality by 2050, carbon capture technologies are gaining significant importance. Recognizing the urgent need to reduce greenhouse gas emissions, the U.S. Department of Energy recently invested a quarter billion dollars into 12 carbon capture and storage projects across seven states[^1^].

With nations still heavily reliant on hydrocarbons for energy, these technologies hold immense potential in limiting the release of harmful gases into the atmosphere[^1^]. As CGTN’s Toni Waterman explains, the carbon capture industry is experiencing unprecedented growth[^1^].

At Austin Beer Works, for instance, Clinton Mack is utilizing carbon capture techniques to collect the carbon dioxide naturally produced during fermentation. Up to 10 pounds of this heat-trapping gas can be captured every hour, which is otherwise released into the atmosphere[^2^].

Capitalizing on this resource not only reduces waste but also contributes to the long-term goal of reducing dependence on the oil industry. Earthly Labs, a leading player in this field, provides the machinery required to streamline the carbon capture process[^2^].

The carbon capture, utilization, and storage (CCUS) economy has witnessed a surge in recent years, leading to innovations and market expansions globally. From converting waste products to energy to harnessing captured carbon for various purposes, this industry is poised for exponential growth[^3^].

However, to meet the net-zero commitments of countries worldwide, CCUS uptake needs to expand significantly, with an estimated annual investment of $150 billion over the next decade[^3^]. In the U.S., the Inflation Reduction Act offers tax credits of up to $85 per ton for carbon captured at the source, incentivizing industries to adopt these technologies[^4^].

Renowned researcher Professor Gary Rochelle emphasizes the importance of such incentives in convincing heavy-polluting industries to embrace carbon capture technologies. However, he suggests that current incentives may not be sufficient for widespread adoption and that a comprehensive approach is necessary to combat global warming effectively[^4^].

While the ultimate goal remains to produce fewer emissions, capturing carbon at both large and small scales plays a crucial role in offsetting industries that may find it challenging to achieve carbon neutrality on their own[^4^].

Join CGTN America as we delve into the world of carbon capture technologies and how they are shaping a sustainable future for generations to come.

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**Keywords/Tags associated with the video**: @cgtnamerica, CGTN, China news, China, Television, Network, news

**Full Transcript** of the video available [here]( (Transcript provided by TranscriptFox)

[^1^]: Source: [CGTN America](
[^2^]: Source: [CGTN America](
[^3^]: Source: [CGTN America](
[^4^]: Source: [CGTN America](

Carbon capture technologies are becoming a priority as countries and companies commit to being carbon-neutral by 2050. Last month, the U.S. Department of Energy committed a quarter billion dollars to 12 carbon capture and storage projects in seven U.S. states. These technologies could prove crucial in efforts to reduce greenhouse gases as nations still rely heavily on hydrocarbons for energy. And as CGTN’s Toni Waterman explains, the industry around carbon capture is exploding. #cgtnamerica

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This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.

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