Global Briefing: US to plough up to $1.2bn into two direct air CO2 capture hubs

Michael Holder
clock • 9 min read
Swiss DAC firm Climeworks is involved in the Louisiana direct air CO2 capture project | Credits: Climeworks
Image:

Swiss DAC firm Climeworks is involved in the Louisiana direct air CO2 capture project | Credits: Climeworks

Plus EU solar boom, the world's first mycelium factory, all the top green business news from around the world this week

US announces 'world's largest' investment in direct CO2 capture plants The White House is planning to unleash up to $1.2bn in funding to support the development of two commercial-scale direct air carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

'Robot revolution': Government announces £20m funding programme for farming automation

'Robot revolution': Government announces £20m funding programme for farming automation

Latest funding from Farming Innovation programme takes total funding available this year to £123m for supporting farming research and technology

clock 04 August 2026 • 3 min read
Ore Energy raises $43m in boost for iron-air battery technology

Ore Energy raises $43m in boost for iron-air battery technology

Company's innovative batteries store power for up to 100 hours without the need for critical raw minerals such as lithium or cobalt, enabling multi-day energy storage for grid operators

clock 04 August 2026 • 2 min read
Trade and Climate Tracker: How over 40 per cent of trade deals are serving to advance clean energy transition

Trade and Climate Tracker: How over 40 per cent of trade deals are serving to advance clean energy transition

New tool from International Institute for Sustainable Development (IISD) maps climate and clean energy commitments in mainstream trade and economic agreements

clock 23 July 2026 • 4 min read