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Read previewThe oceans are our planet's largest carbon sink, naturally absorbing about 25% of the carbon dioxide that humans emit. Carbon dioxide removal (CDR) companies like Equatic are trying to harness that natural process to absorb even more. On June 18, Equatic announced it started engineering designs for the world's first commercial-scale, ocean-based CDR plant, Sanders said. The plant could remove carbon dioxide at a rate that's 99,000 times as fast as the oceans. Questions remain about CDR's economic and environmental impactAs ocean-based CDR technology scales up, concerns grow over its environmental impact.
Persons: , Edward Sanders, Equatic, Sanders, Grace, Weiquan Lin, we're, Sergii Petruk, Jessica Cross, Cross Organizations: Service, Business, National Academies of Science, Engineering, Companies, Boeing, Equatic, Pacific Northwest National Laboratory Locations: LA, Singapore
The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. watch nowDeloitte's new report, titled "The Metaverse in Asia: Strategies for Accelerating Economic Impact," examined the potential influence of the metaverse on 12 Asian economies. Developing the technology stacks, human capital and regulatory frameworks to realize Asia's trillion-dollar metaverse potential will benefit a wide range of industries and economic activities," said Kulasooriya. ObstaclesThough Deloitte's report suggests China could the biggest beneficiary in terms of GDP, the country still faces heavy regulatory challenges in developing the metaverse.
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