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Can carbon capture startup Carbon Clean deliver on its cost claims?



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Startup Carbon Clean announced earlier this week that it raised $150 million in a Series C that provides it with a sizable war chest to continue the development of its modular carbon capture system.
Carbon Clean has won its share of admirers, most recently Chevron, which led the round, and BloombergNEF, which named it a BNEF Pioneer last month in part because of the startup’s small-scale approach to carbon capture and sequestration (CCS). 
Typically, the technology is a large-scale affair. After all, the world needs to eliminate emissions on a vast scale, and the technology benefits from a certain amount of scale. That’s why CCS is usually envisioned attached to massive coal- or gas-fired power plants. 
But there are still many smaller sites, from cement kilns to chemical plants, that are currently wedded to fossil fuels but still need to be decarbonized. These are the sorts of companies …

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