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The plant in Tracy, built by Silicon Valley startup Heirloom Carbon Technologies, puts California at the forefront of the emerging carbon removal industry as a handful of so-called direct air capture (DAC) hubs are also slated to get underway.

The plant in Tracy, built by Silicon Valley startup Heirloom Carbon Technologies, puts California at the forefront of the emerging carbon removal industry as a handful of so-called direct air capture (DAC) hubs are also slated to get underway.

(Bloomberg) -- The US is getting its first commercial facility to soak up carbon dioxide from the ambient air for permanent storage, a nascent technology that’s been both lauded as crucial in fighting climate change and derided as a distraction that will delay the clean energy transition.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Two-Year Yield Tops 5% on Powell’s ‘Sterner’ Tone: Markets WrapSaudis Find a Bot...

The nascent carbon capture technology has been both lauded as crucial in fighting climate change and derided as a distraction.