Despite the investment being an unusual one for his family, Carbon Engineering’s solution intrigued him because its focus on mitigating climate change, and because of the political palatability of its solution. ASSOCIATED PRESSRight-leaning investors and politicians like the fact that Carbon Engineering uses technology to enable the continued use of oil. Left-leaning investors and politicians like the fact that Carbon Engineering already has a scalable plan to reduce atmospheric carbon. I identified a few key risk points in the Carbon Engineering model and talked with the company’s Chief Technical Officer (CTO) about them. He was also cheered by the fact that Carbon Engineering was not alone in its field, but had competitors, whose presence validates Carbon Engineering’s approach in some sense.
Source: Forbes May 21, 2019 15:11 UTC