Direct Air Capture
Biden administration pledges $1.2bn for world’s largest DAC plants
The US Department of Energy (DOE) last week announced $1.2bn of investment in two commercial-scale direct air capture (DAC) facilities…
‘We’re a world that’s built on fossil fuels and emissions are our enemy’: Carbon Engineering talks direct air capture
The race to decarbonise has picked up pace in response to global crises, with companies, countries and economic blocs ramping…
Carbon removal market has lift-off
Five years ago, carbon removal technology would have been uttered in the same breath as pie-in-sky climate solutions such as…
European carbon removal pioneer lured by US subsidies
Swiss-based carbon dioxide removal (CDR) company Climeworks, a global leader in direct air capture (DAC) technology, recently revealed a key…
South Pole and Mitsubishi launch the world’s largest portfolio of carbon removals
NextGen CDR Facility (NextGen), a joint venture between Swiss carbon finance consultancy South Pole and Japanese conglomerate Mitsubishi Corporation, recently…
Global Thermostat unveils direct air capture plant in Colorado
US-based carbon removal company Global Thermostat has unveiled one of the world’s largest direct air capture (DAC) machines, in Adams…