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A comment on So you want to build a carbon capture company. Parent comment

Re:So you want to build a carbon capture company by sunshineforever on Tuesday May 04, 2021 @04:35AM (#27035267)
Im proposing a conspiracy theory here, but the basically all of the world's most profitable companies are involved in fossil fuel production. They definitely have an incentive to not want this technology to thrive and their leaders have a lot of influence and money.

The retort to this theory would be that a company with a lot of resources could simply invest in the new technology.

But with the level of lazy corruption in the world it seems possible that these entities might be suppressing the technology somehow.

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Re:So you want to build a carbon capture company by sideshowb on Tuesday May 04, 2021 @05:03AM (#27035434)
On the other hand if one of them cracks algae fuel production they get to make an awful lot of future money off all their existing fuel distribution infrastructure. Iirc several of the big oil companies were at least experimenting with it 10 years ago.
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Re:So you want to build a carbon capture company by ForHackernews on Tuesday May 04, 2021 @04:42AM (#27035326)
It doesn't take a huge amount in the way of active suppression: hire a some of the brightest industrial chemists and pay them well to work on your stuff instead of untested, unprofitable algae technology. Other smart people will similarly work on financial derivatives or cost-per-click optimisation instead of money-losing algae.

It's not a conspiracy, it's just capitalism chasing returns.

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