Carbon capture startups received a record $882 million in VC investments
New PitchBook data reveals that carbon capture and removal companies hauled in record funding in the second quarter of this year.
NeoCarbon wants industrial cooling towers to join the climate fight
NeoCarbon’s focus is on developing DAC kits that can be retrofitted inside working cooling towers in the industrial sector, slashing the cost of drawing down carbon emissions.
EXCLUSIVE New law helps U.S. firm launch Wyoming direct air carbon capture project
A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives.
Climate Law Provisions Seen as Lift to Direct Air Carbon Capture
Carbon capture developers working on directly pulling carbon emissions from the air are touting the climate law for not just tripling the previous tax credit but including features they predict should turn the technology to a relatively common climate solution.