US pumps further $126m into carbon storage

clock • 2 min read

Department of Energy to fund two major projects to assess suitability of geological formations as carbon stores

Geological formations across the US have the potential to hold up to three trillion metric tonnes of captured carbon dioxide, representing enough capacity to store all the carbon emissions from point sources...

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

Earth Intelligence market tipped to reach $4.2bn by 2030

Earth Intelligence market tipped to reach $4.2bn by 2030

New report predicts growing demand for satellite and AI-enabled technologies that can provide corporates with environmental data

James Murray
clock 09 July 2025 • 3 min read
Lush teams up with Google AI to streamline packaging-free checkouts

Lush teams up with Google AI to streamline packaging-free checkouts

New AI powered system allows cosmetics retailer to quickly process products without packaging or barcodes

clock 09 July 2025 • 1 min read
'Squandering its competitive edge': Could the US hand carbon removal market leadership to Europe?

'Squandering its competitive edge': Could the US hand carbon removal market leadership to Europe?

New study suggests Trump administration's attacks on climate policy are jeopardising its leadership position in the emerging carbon removals market - and creating an opportunity for the UK

clock 09 July 2025 • 5 min read