Numlock Sunday: Akshat Rathi on solutions to climate change
By Walt Hickey
Welcome to the Numlock Sunday edition. Each week, I'll sit down with an author or a writer behind one of the stories covered in a previous weekday edition for a casual conversation about what they wrote.
This week, I spoke to Akshat Rathi who wrote “Norway’s $2.6 Billion Green Bet Could Help the Whole Planet” for Bloomberg Green. Here's what I wrote about it:
This year lawmakers in Norway will decide whether to put up 80 percent of the funds for a $2.6 billion project that would put the Nordic nation at the bleeding edge of carbon capture infrastructure. The project would capture emissions from a cement factory and a power plant, load that carbon dioxide into a ship, and bury the compressed gas under the seabed, thus sequestering it and diverting it from the atmosphere. The cost of the carbon dioxide captured by the project would be about $140 per metric ton, currently five times the current price for carbon emissions, but here’s the appeal: if Norway pulls it off, they …