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DAC

BCG and Climeworks ink 15-year carbon removals deal

CCS

BCG and Climeworks ink 15-year carbon removals deal

Firms confirm landmark carbon removal purchase as part of deal that will also see BCG provide consulting services to Climeworks

clock 14 December 2023 • 3 min read
BlackRock invests $550m in Texas direct air capture plant planned by Occidental Petroleum

Carbon Trading

BlackRock invests $550m in Texas direct air capture plant planned by Occidental Petroleum

Occidental Petroleum CEO says deal is proof DAC has become 'investable technology'

clock 08 November 2023 • 3 min read
Global Briefing: Climate protest rocks New York during UN General Assembly week

Climate change

Global Briefing: Climate protest rocks New York during UN General Assembly week

Plus a landmark ruling in favour of Indigenous land rights in Brazil, new EU anti-greenwashing rules, and Kenyan direct air capture news

clock 22 September 2023 • 8 min read
'We need to seek every possible avenue to reduce CO2': Amazon unveils first direct air carbon capture investments

CCS

'We need to seek every possible avenue to reduce CO2': Amazon unveils first direct air carbon capture investments

US tech giant commits to purchasing 250,000 tonnes of CO2 removals over 10 years from 1PointFive's plant in Texas and confirms investment in DAC developer CarbonCapture Inc

clock 13 September 2023 • 4 min read
Occidental inks $1.1bn deal to snap up DAC specialist Carbon Engineering

CCS

Occidental inks $1.1bn deal to snap up DAC specialist Carbon Engineering

US oil producer agrees to snap up all outstanding shares in Canadian carbon removals technology developer with ambition to scaling DAC technology worldwide

clock 16 August 2023 • 3 min read
Global Briefing: US to plough up to $1.2bn into two direct air CO2 capture hubs

Technology

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

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

clock 11 August 2023 • 9 min read
Study: Direct Air Capture costs must fall by 75 per cent to drive widespread adoption

Technology

Study: Direct Air Capture costs must fall by 75 per cent to drive widespread adoption

Nascent technology will need to scale at twice the speed seen in the solar sector, consultancy giant BCG warns

clock 05 June 2023 • 3 min read
Plans drawn up for heat-assisted direct air carbon capture plant at Suffolk port

Nuclear

Plans drawn up for heat-assisted direct air carbon capture plant at Suffolk port

Sizewell C and Associated British Ports aim to test novel heat-assisted technology that could see nuclear plants power large-scale

clock 30 March 2023 • 2 min read
'Returns could be in the trillions': Report touts huge investment opportunity of carbon removal technologies

Carbon Trading

'Returns could be in the trillions': Report touts huge investment opportunity of carbon removal technologies

BeZero Carbon research points to growing commercial interest in carbon removals such as direct air capture, enhanced weathering and biochar

clock 03 October 2022 • 3 min read
UBS inks 10-year CO2 removal deal with Climeworks

Investment

UBS inks 10-year CO2 removal deal with Climeworks

The financial services giant is the latest in a strong of global companies to sign long-term agreements with Swiss direct air capture pioneer

clock 30 August 2022 • 2 min read
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