Capital Needed for Paris Climate Goals is Mind Blowing: Bobby Tudor

The video discusses a major carbon capture and sequestration project proposed by ExxonMobil, which aims to capture 100 million tons of CO2 by 2040. The project requires $100 billion in capital and involves public-private partnerships. It highlights the importance of carbon pricing and government subsidies for economic viability. The video also explores future developments in carbon capture technology and the global financial implications, emphasizing the need for sovereign government involvement and consumer support.

What is the significance of having a price on carbon in relation to carbon capture projects?

What innovative approach is being researched at Rice University regarding captured carbon?