Climate tech (ie hardware and software solutions) is a bad fit for VC money outside of carbon accounting software (which adds little value) benefits.
As well this direct air capture is slightly better than CCS (read: pretty bad) but is also a red herring in terms of climate solutions that will provide a lot of value. I say this because large amounts of money will get diverted into this kind of investment that hasn't proved to be particularly successful but has an easy to understand narrative.
As well this direct air capture is slightly better than CCS (read: pretty bad) but is also a red herring in terms of climate solutions that will provide a lot of value. I say this because large amounts of money will get diverted into this kind of investment that hasn't proved to be particularly successful but has an easy to understand narrative.