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DAC

Greenhouse gas removal technologies: Who should foot the bill?

Technology

Greenhouse gas removal technologies: Who should foot the bill?

Engineered carbon removal technologies such as CCUS, DAC, and BECCS are increasingly seen as crucial to the net zero transition, but spreading the costs fairly remains a challenge

clock 10 August 2022 • 11 min read
Microsoft inks 10-year CO2 removal deal with Climeworks

CCS

Microsoft inks 10-year CO2 removal deal with Climeworks

Agreement will see Climeworks remove 10,000 tonnes of CO2 emissions on Microsoft's behalf

clock 15 July 2022 • 2 min read
Greenhouse gas removal technology projects secure £54m in UK government funding

CCS

Greenhouse gas removal technology projects secure £54m in UK government funding

Government looks to boost fledgling greenhouse gas removal sector, with new funding for a range of innovative technologies

clock 08 July 2022 • 2 min read
Removing CO2: Is the UK's vision for a thriving carbon removals market starting to take shape?

CCS

Removing CO2: Is the UK's vision for a thriving carbon removals market starting to take shape?

The government has presented further details of its plan for scaling up direct air capture, CCUS, and BECCS technologies in the coming decade

clock 06 July 2022 • 10 min read
New direct air capture industry body aims to build public support for clean technology

CCS

New direct air capture industry body aims to build public support for clean technology

DAC Coalition sets out mission to become 'dedicated platform for DAC education, engagement, and collaboration'

clock 25 May 2022 • 3 min read
US presses ahead with plan to invest $3.5bn in four direct air capture hubs

CCS

US presses ahead with plan to invest $3.5bn in four direct air capture hubs

US Energy Secretary says multi-billion-dollar investment programme in DAC will position US as a 'net zero leader'

clock 23 May 2022 • 3 min read
Lowercarbon Capital raises $350m to scale up carbon removal industry

Offsets

Lowercarbon Capital raises $350m to scale up carbon removal industry

Plan to invest hundreds of millions in fledgeling carbon removal firms yet another sign of surging private sector interest in nascent sector

clock 19 April 2022 • 2 min read
Tech giants launch $925m fund to shrink costs of carbon removal technologies

Offsets

Tech giants launch $925m fund to shrink costs of carbon removal technologies

Alphabet, Meta, Shopify and McKinsey launch Frontier Fund to bring down costs of carbon removal technologies that scientists acknowledge will be critical to meeting climate goals

clock 12 April 2022 • 4 min read
Climeworks captures $650m investment boost as interest in direct air technology builds

Carbon Trading

Climeworks captures $650m investment boost as interest in direct air technology builds

Pioneering direct air capture firm says latest equity round will help it build multi-trillion dollar industry, as IPCC concludes technology is now essential for keeping 1.5C goal within reach

clock 05 April 2022 • 2 min read
Has the IPCC just given the green light for a renewed focus on carbon removals?

Offsets

Has the IPCC just given the green light for a renewed focus on carbon removals?

The world's top climate scientists have updated their guidance on carbon removals technologies, arguing they are likely to prove essential to stablising global temperatures, but only if they are developed judiciously

clock 05 April 2022 • 6 min read
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