Article
U.S. Department of Energy Announces $52.5 Million to Catalyze Commercial Carbon Dioxide Removal Technology
Description
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $52.5 million, made available through President Biden’s Investing in America agenda, to advance carbon dioxide removal technologies that reduce legacy carbon dioxide (CO2) pollution by removing it directly from the atmosphere to counter-balance emissions from hard-to-abate sectors, such as aviation and shipping.
Other articles in the issue
-
Hydrogen-powered Refuse Collection Gaining Momentum With Hyzon and New Way
New Way Trucks, a privately held industry-leading refuse truck body manufacturer, and Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer, are leading the way and gaining momentum in showcasing the value of hydrogen fuel cell-powered electric refuse collection.
-
Nikola Strengthens Southern California Hydrogen Infrastructure With New Hyla Station at Tom's Truck Center in Los Angeles County
Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, continues to deliver HYLA refueling solutions to support volume ramp-up for its Class 8 hydrogen fuel cell electric trucks in Southern California, just off of the 5 Freeway, one of the busiest truck routes in the U.S.
-
Pilot Project Near Shafter Removes Carbon, Produces Water
A project near Shafter is testing Avnos Inc.'s hybrid direct air capture (HDAC) technology, which removes carbon dioxide from the atmosphere without water—a crucial advantage in Kern. The LA-New Jersey startup raised $36 million this year, aiming to scale its cost-effective and widely acceptable approach globally.
-
ArtIn Energy Secures Monumental $25.4 Billion Green Hydrogen Contract To Reduce 25.5 Million Tons in CO2 Emissions
ArtIn Energy announced the signing of a historic contract to construct 876 megawatts of green hydrogen production facilities, with a contract value of $25.4 billion USD. This monumental project marks the largest green hydrogen contract in America's history, reinforcing ArtIn Energy's position at the forefront of the renewable energy sector.
-
9 Carbon Capture Projects to Receive $44.5MM from US DOE
Nine carbon capture projects have been chosen to receive $44.5 million in federal funding to help them progress. The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy and Carbon Management (FECM) announced the selection of nine university and industry-led projects to advance commercial-scale carbon capture, transport, and storage across the USA.
-
Innisfail Chosen for a Global First in Carbon Removal Innovation
This month ground will break on five acres of land in the new Southwest Industrial Park in Innisfail for a global first. Deep Sky Labs, a Canadian carbon removal project developer, is constructing the world’s first carbon removal innovation and commercialization centre. The 217,000-square-foot construction project is valued at $50 million on five acres of land secured through a lease-to-own agreement with the Town of Innisfail.
-
Catona Climate Works With AI Leaders to Mitigate Ai Climate Risks, Launches Solution That Embeds High-impact Carbon Removal Into Upstream AI Infrastructure
Catona Climate, a global climate finance company, has developed a solution that embeds carbon removal directly into artificial intelligence (AI) infrastructure, expanding the accessibility of its climate finance model and enabling businesses around the world to seamlessly mitigate the climate effects of AI's energy usage with high-quality carbon removal credits.