CarbonQuest’s technology marks a new way to remove CO2 from the atmosphere. The use of point-source carbon removal on residential buildings, rather than potentially inefficient air capture, puts carbon removal on a new path.
Plans for a major European carbon capture and storage (CCS) project have taken a step forward with the signing of an option agreement for an onshore terminal.
Payment processor Stripe and e-commerce platform Shopify (NYSE:SHOP) have invested a combined $11 million to back the seven carbon removal startups selected for the latest round of their Frontier fund.
The Danish Energy Agency has granted permission for CO2 injection and storage to begin at the country’s Greensand pilot project, as part of an initial four-month trial.
Wintershall Dea is to join a consortium developing a greenport hub on the Danish coast, linked to the country’s flagship Greensand carbon capture scheme.
US startup Carbon Reform has raised $3 million for its modular CO2 removal technology that can be integrated with existing heating, ventilation and air conditioning (HVAC) systems.
Carbon dioxide specialist Carbon Capture Scotland (CCS) has announced a new initiative which it says could help remove up to 1 million tonnes of CO2 from the atmosphere per year by 2030.
ExxonMobil (NYSE:XOM) and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.
Southern California Gas Company (SoCalGas) (OTC:SOCGP) has launched a pilot study of the ocean-based carbon removal technology developed by Captura, a US startup spun from the California Institute of Technology (Caltech).