direct air capture

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
'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
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
Solar's wildlife benefits, SBTi rows, and curbing flight demand: BusinessGreen's most read stories of the week

BusinessGreen

Solar's wildlife benefits, SBTi rows, and curbing flight demand: BusinessGreen's most read stories of the week

BusinessGreen rounds up the most widely read stories on the site this week

clock 09 June 2023 • 1 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
Klarna to funnel $2.35m from internal carbon tax revenues into global clean tech initiatives

Carbon Accounting

Klarna to funnel $2.35m from internal carbon tax revenues into global clean tech initiatives

Swedish fintech company announces $2.35 million investment into climate initiatives, as it moves towards net zero goals. 

clock 31 May 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
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