With reference to 'Direct Air Capture', an emerging technology, which of the following statements is/are correct?
I. It can be used as a way of carbon sequestration.
II. It can be a valuable approach for plastic production and in food processing.
III. In aviation, it can be a source of carbon for combining with hydrogen to create synthetic low-carbon fuel.
Select the correct answer using the code given below.

Correct Option: I, II and III

All statements I, II, and III are correct. Direct Air Capture (DAC) technology captures carbon dioxide directly from ambient air. Statement I is correct as captured CO2 can be permanently stored underground for carbon sequestration. Statement II is correct as captured carbon can serve as a feedstock in chemical synthesis for polymers, plastics, and agricultural or food processing applications. Statement III is correct because DAC-derived CO2 can be combined with green hydrogen to produce sustainable aviation fuels (synthetic low-carbon fuels).