A pension fund climate risk analyst evaluates the company portfolio under different climate scenarios. The analyst identifies technological advancements and activities that must occur at a global scale to realize each scenario outcome.
Under a 1.5°C degree scenario, what development must occur?
Under a 1.5°C scenario, significant removal of CO2 from the atmosphere is critical due to the existing high levels of greenhouse gases. Direct air capture technology, designed to capture CO2 directly from the air, is imperative for achieving the necessary negative emissions to meet such stringent climate goals. Therefore, a massive roll out of direct air capture technology would be essential for the 1.5°C degree scenario.
We have to go carbon negative to get to 1.5, A is the correct answer
A says air capture not Carbon capture
A is the correct answer
D. Because air capture technology does not focus on carbon capture, but afforestation projects can remove carbon in the air.
A new report by Lazard compares the levelized cost of energy (LCOE) for various generation technologies on a $/MWh basis. It shows that utility-scale solar and onshore wind LCOE increased for the first time in 2023, at $24/MWh to $96/MWh for solar and $24/MWh to $75 MWh for wind. Nevertheless, the two renewable sources are still the economic frontrunners when compared to nuclear, gas, and coal.
Why not D? ChatGPT chooses it. : D
Air capture is not the same as carbon capture