DOE Announces Up to $100 Million for Pilot-Scale Testing of Advanced Carbon Dioxide Removal Technologies
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The DOE's FECM announced up to $100 million to develop a viable carbon dioxide removal industry in the U.S., supporting pilot projects an...
Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia
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Microsoft is buying 1.4 million tonnes of carbon removal credits from Living Carbon’s reforestation work in Appalachia. The project resto...
Shovels Hit the Ground on California’s First Carbon Storage Hub
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California Resources Corporation and Brookfield have begun building Carbon TerraVault I, the state’s first commercial-scale carbon captur...
Google's Power Play: First CCS Deal Reshapes Energy
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Google signed the first-ever corporate deal for a natural gas power plant with carbon capture, marking a major shift in clean energy for ...
Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award
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Aircapture won a CarbonX 2.0 award for its microwave-based direct air capture system. The company says the technology can lower DAC energ...
The $27/ton Question: What Makes a Carbon Removal Credit Worth 3x More?
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Premium carbon removal credits now sell for triple the price of avoidance offsets as companies prioritize durable, verifiable CO₂ storage...
World’s First Ship With Full Carbon Capture & Storage System Ready For Pilot Testing
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Clipper Eris, the ethylene carrier owned by Solvang, is ready for pilot testing, becoming the world’s first ship fitted with a full-scale...
Occidental and BlackRock Form Joint Venture to Develop STRATOS, the World's Largest Direct Air Capture Plant
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Occidental announced today that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s larges...
Gevo Transforms Carbon Waste Into Market Gold
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Gevo just sold its first batch of Puro.earth-certified carbon removal credits to a major tech and finance firm. Its North Dakota ethanol ...
NYK Partners With Climeworks to Remove CO₂ Through Diverse Carbon Removal Solutions
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Climeworks and NYK signed a multi-year deal to remove CO₂ using a tailored carbon removal portfolio. The solutions include biochar, BECCS...
BlackRock’s €1 Billion Bet on Eni Fuels Carbon Capture Confidence
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BlackRock is investing €1 billion into Eni’s carbon capture business, backing the creation of one of Europe’s largest CO₂ storage hubs. T...
Alberta Set to Build World's First Full-Sized Zero Carbon Cement Plant
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Canada's first full-scale carbon-neutral cement plant will be built in Edmonton, Alberta, using carbon capture, utilization, and storage ...
Oklahoma's Oil Fields Could Be Key to Remedy Carbon Emissions
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The Bantam site near Shidler, Oklahoma, is the largest direct air capture facility in the U.S., with plans to remove 5,000 tons of CO₂ an...
Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion
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Shell, Equinor, and TotalEnergies will invest $714 million to expand the Northern Lights carbon storage project in Norway. The move follo...
U.S. Department of Energy Re-Opens Funding Opportunity to Expand National Carbon Dioxide Storage Infrastructure
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DOE unveils $2.25 billion funding for carbon capture and storage, aligning with President Biden's net-zero emissions goal by 2050. This i...
Canada Moves Forward with Direct Air Capture Offset Credits
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Canada has introduced a draft protocol for Direct Air Carbon Dioxide Capture and Geological Storage (DACCS) to support carbon removal. Co...
The Economic and Environmental Case for 45Q: An Open Letter to Congress
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Business leaders urge Congress to uphold the 45Q tax credit, highlighting its role in driving carbon management innovation, job creation,...
Backgrounder: Government of Canada Invests in Renewable Energy, Carbon Capture and Grid Modernization in the Maritimes
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Canada committed nearly $16 million to clean energy, smart grid, and carbon storage initiatives in the Maritimes. Projects include CCUS p...
EPA Issues Three Class VI Permits to ExxonMobil in Jefferson County, Texas
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The EPA granted ExxonMobil three Class VI permits to convert test wells in Texas into CO₂ storage sites. The project will inject up to 53...
US Energy Expands Carbon Capture Assets With New Acquisition
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U.S. Energy acquired 2,300 acres in Montana to expand its carbon capture and helium production operations. The deal includes a permitted ...