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.

1. (a)I and II only
2. (b)III only
3. (c)I, II and III
4. (d)None of the above statements is correct