The project, run by ethanol producer Archer Daniels Midland and partners, received $281 million in taxpayer dollars via Department of Energy grants. It has stored more than 2.8 million metric tons of CO2 since 2011. However, EPA records show that represents a capture rate of only about 10-12 percent of the plant’s emissions each year at most, allowing the rest of the carbon dioxide to escape into the atmosphere. This small percentage raises questions about whether industrial-scale carbon capture technology can be a meaningful solution to global warming.
Okay, I’ll believe that right away. I thought you were maybe talking about the technology in general. But now it seems like you were referring to these particular projects which are are abused for greenwashing instead of research and continuous improvement.