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While the world might be making the steady shift away from fossil fuel energy sources, there is concern that avoiding a climatological catastrophe might take more than simply halting our production of carbon dioxide waste, and that our civilization might need to start actively removing excess CO2 from the atmosphere. Numerous companies around the planet have been developing such an idea, a process called "carbon sequestration", including a Canadian company that is looking to do more than just remove carbon dioxide from the atmosphere: they plan to recycle the recovered greenhouse gas and use it as a carbon-neutral fuel source.
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Hawaii’s Mauna Loa Observatory has reported that worldwide carbon dioxide levels reached a new record high in April, hitting 410.31 parts per million (ppm). This is the highest concentration of this greenhouse gas seen over the course of human history–and prehistory, for that matter–as the Earth’s atmosphere hasn’t seen CO2 levels this high in well over 800,000 years, and possibly as long as 20 million years.
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A new study published in the journal Nature Geoscience has found that the goal of the Paris climate accord of keeping global warming levels below 2ºC (3.6ºF) may be easier to achieve than originally anticipated, allowing humanity a much larger carbon budget to work with. One of the major reasons certain parties have rejected the Paris Accord was the perceived difficulty in attaining that goal, but this new finding, if correct, should help encourage more action in regards to what we need to do to curtail global warming.
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In late October, Exxon Mobil CEO Rex Tillerson announced that his company is backing the concept of a carbon tax, saying that climate change brings real risks, and serious action is required to mitigate them.

“We have long used a proxy cost of carbon… there’s a range depending on the country, depending on the tax that we think would be appropriate,” Tillerson explained at the Oil & Money conference in London. “We’re trying to influence and inform people and business on the choices they make.”
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