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 projected increase in CO2 capture by 2040 with Exxon's proposed project?

• 12 times

• 7 times

• 10 times

• 5 times

What is one key factor that could help make carbon capture projects scalable?

• Increased fossil fuel usage

• A price on carbon

• Eliminating private partnerships

• Reducing government subsidies

How can companies potentially earn a return from carbon capture projects?

• By selling captured CO2 to transporters

• By storing CO2 indefinitely

• By reducing project scale

• By increasing CO2 emissions

What is a significant challenge in funding the transition to net-zero emissions?

• Excessive government funding

• Lack of consumer interest

• Insufficient capital markets

• Overabundance of green bonds

What innovative approach is being researched to utilize captured carbon?

• Burning it for energy

• Storing it in water bodies

• Releasing it back into the atmosphere

• Using it to create advanced materials