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Sep 8, 2022
Reuters
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.
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Jun 28, 2022
Reuters
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.
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May 23, 2022
Reuters
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.
Reuters
May 9, 2022
Forest loss and escalating emissions fuel drive for technologies to remove CO2 from air
Travelling any road to limiting warming to 1.5 degrees Celsius will require us to suck carbon dioxide out of the atmosphere, according to the latest IPCC report. Various climate scenarios suggest some 6 billion tons a year may need to be sequestered by mid-century, because some industries will still emit CO2, and residual emissions will need to be mopped up.
Reuters
Dec 9, 2021
Boston Consulting teams up with carbon capture technology company
Boston Consulting Group has teamed up with carbon capture technology company Climeworks to help to develop its business, which focuses on capturing carbon dioxide directly from the air.