SentinelA new way to search
Sign Up
Cnbc
Cnbc
@cnbc·4.2M subscribers·16.1K videos

Money Is Pouring Into Carbon Capture Tech, But Challenges Remain

Posted

March 3, 2021

Views

568,806

Likes

8,701

Comments

1,725

Engagement

1.83%

Search the Record

Indexed

Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.

Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.

Try a name, a topic, or a quoted line

Cnbc Episodes Around March 3, 2021

See what was published immediately before and after this episode.

9:27

How The Global Computer Chip Shortage Happened

Feb 26, 2021·1.6M views
19:12

Why Content Moderation Costs Social Media Companies Billions

Feb 27, 2021·125.7K views
8:02

Making $70K A Year As A Tile Setter In NYC | On The Job

Feb 28, 2021·433.3K views
13:59

Why The U.S. Builds Houses Wrong

Mar 2, 2021·1.5M views
11:03

Crypto hedge funds see big returns as bitcoin boom gains steam: CNBC After Hours

Mar 2, 2021·77.7K views
17:36

Money Is Pouring Into Carbon Capture Tech, But Challenges Remain

Mar 3, 2021·568.8K views
12:48

Why U.S. Malls Are Disappearing

Mar 4, 2021·3.6M views
11:28

Amazon wants to shell out $1 billion per year for exclusive NFL games: CNBC After Hours

Mar 4, 2021·28.4K views
10:00

Why Central Banks Want To Get Into Digital Currencies

Mar 5, 2021·575.5K views
8:10

How Much It Costs To Mine For Cryptocurrency

Mar 6, 2021·1.9M views
11:12

CDC guidelines for fully vaccinated people, explained: CNBC After Hours

Mar 9, 2021·21.5K views
View all episodes
YouTubeWebsiteFacebookInstagramApple Podcasts

YouTube Description

as posted by the channel

Elon Musk, Microsoft and oil giants like Occidental and Exxon Mobil are investing in carbon capture technologies. Carbon Engineering and Climeworks are two start-ups that have built machines to suck CO2 straight out of the atmosphere in a process known as direct air capture. But the technology faces a number of challenges, one of which is that there’s currently no market for the captured CO2. As a result, some companies are selling their captured CO2 to oil companies, which use it to produce even more oil.

Correction (March 4, 2021): At 9:08 we misstated a company that invested in Carbon Engineering. The correct company is BHP.

» Subscribe to CNBC

» Subscribe to CNBC TV

» Subscribe to CNBC Classic

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online

Get the latest news

Follow CNBC on LinkedIn

Follow CNBC News on Facebook

Follow CNBC News on Twitter

Follow CNBC News on Instagram

Subscribe to CNBC PRO

#CNBC

Money Is Pouring Into Carbon Capture Tech, But Challenges Remain

Links & Promotions

cnb.cx/SubscribeCNBCcnb.cx/SubscribeCNBCtelevisioncnb.cx/SubscribeCNBCclassiccnbc.comcnb.cx/LinkedInCNBCcnb.cx/LikeCNBCcnb.cx/FollowCNBCcnb.cx/InstagramCNBCcnb.cx/2NLi9AN

Guests & Subjects Covered

Elon Musk MicrosoftExxon MobilCarbon EngineeringCO AsCorrection MarchCarbon Engineering TheCNBC TVReality TV

Sentinel Indexing in Progress

Metadata and chapters are available. Claim extraction for this episode is pending.

All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.

← All episodes from Cnbc
Money Is Pouring Into Carbon Capture Tech, But Challenges Remain · CNBC Television · Sentinel