South Pole, Mitsubishiâs NextGen buy major tranche of CO2 removal credits
Concrete traps CO2 soaked from air in climate-friendly test
U.S. Energy Department to spend $3.7 billion on carbon removal
EU takes 'first step' to certify removing CO2 from atmosphere
The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key details to be worked out later - including how these removals will be counted towards EU climate change targets.
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 tech firm to launch scaled-up plant sucking CO2 from air
Construction is due to begin on Wednesday on what could become the world's biggest plant to capture carbon dioxide from the air and deposit it underground, the company behind the nascent green technology said.
Swiss Re, UBS among founding buyers in carbon removal scheme
Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere.