Carbon

Carbon pricing offers no guarantee of emissions cuts, report finds

A recent World Bank report offers a very mixed bag for anyone hoping the spread of carbon pricing — via taxes or permit trading — could help bring steep cuts in worldwide emissions.

Reproduced from a World Bank report. Chart: Axios Visuals

Why it matters: The bank's latest look at pricing trends follows global CO2 emissions increases in 2017 and 2018 that ended a 3-year plateau.

Column / Harder Line

Capturing carbon, illustrated

Illustrations: Lazaro Gamio/Axios

Capturing carbon dioxide emissions is probably unavoidable to address climate change, but the technology to do it is still in its infancy, expensive and not broadly understood.

The intrigue: We're here to show you something none of us can really see — CO2 emissions are invisible to the naked eye — and the technology that's just getting off the ground. Keep reading to see an illustrated description of the main ways CO2 can be captured.