The National Desk: New Greenhouse Gas Initiative 'Would Only Clean Up Half a Million Car Emissions' 68_TND_greenhouse_gas_initiatives

September 8, 2023 11:51 AM

The_National_Desk

Original article published at The National Desk.

The Department of Energy invested $1.2 billion to vacuum greenhouse gases from the sky which is a small portion of the $370 billion the Biden administration has spent on green energy initiatives.

CEO of Open The Books Adam Andrzejewski joined The National Desk’s Jan Jeffcoat to break it down.

“It’s called direct air capture and it's pretty expensive. About 1% of all of the new climate change funding coming out in Congress is going into this disputed technology,” he said. “It's a new technology, they call it nascent technology and it's going to two companies, Occidental Petroleum and a nonprofit called Mattel.”

This initiative would require a lot of energy, thus defeating the purpose of its intention as many fear the high cost. Andrzejewski says, there is an ongoing taxpayer cost that would cost about half a billion dollars in tax credit subsidies.

“They're gonna build two new plants that are very expensive, down in Texas and Louisiana. These two new plants, they say, are going to create 4,800 jobs, and the goal is to suck 2 million metric tons of carbon dioxide from the sky each year. They say that is equivalent to a half million cars and what those cars would pollute,” Andrzejewski said.

“In a given year, I took a look at the number of cars across the United States. It's 300 million. This would clean up only about half a million car emissions, if super successful.”

 

Back to news
Donate_Button_Red
Sign the Petition