Former DOE Secretary Moniz Offers Plan For ‘Net-Negative’ Carbon

Former Energy Secretary Ernest Moniz, who is a leading candidate to return to that post in the Biden administration, is unveiling a research strategy for achieving a “net-negative” carbon economy, arguing more technology options are needed within 10 years to meet global goals for avoiding catastrophic climate damages. “Clearly this is going to require a lot of innovation” at a cost of “about $11 billion over the next 10 years,” Moniz said at a Dec. 10 webinar hosted by the...