BC’s Carbon Engineering gets $25 million from federal government | Venture
The federal government has announced $25 million in funding for Carbon Engineering (CE), which will be used to help the company progress its technology.
Direct Air Capture: Recent developments and future plans
Although little is known about the technology’s efficiency, safety, economic impacts or the likelihood that it will actually reduce overall carbon emissions, several companies have already started marketing DAC as a climate solution, and propose capturing CO2 as a feedstock for industrial uses. Amon
South Pole announces development of new facility to scale up the next generation of carbon removals together with Mitsubishi Corporation
The Next Generation Carbon Removal Purchase Facility aims to procure between US$300-800 million in certified carbon removal credits by 2030.
Gigaton carbon removal and the Paris Climate Agreement
As the United States looks to meet its ambitious climate goals, increased development and deployment of carbon removal technology is crucial. However, in order to scale the technology to the level necessary, the entire value chain must be activated and incentivized.
Has the Carbontech Revolution Begun? (Published 2021)
Science can now pull carbon out of the air. For that to make a difference, though, businesses need to find profitable places to put it.
What it will take to achieve affordable carbon removal
Another big direct-air-capture plant is moving ahead, but a new study finds we may need to build many more before the economics start to make sense.