• Past issues
• /
• Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub
• /
• Here’s a Cost Effective Way to Make Green Hydrogen With an Unusual Ingredient

Description

Other articles in the issue

• Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub

  Occidental, 1PointFive, and ADNOC’s XRG signed a framework agreement to evaluate a joint venture for a Direct Air Capture facility in South Texas. XRG may invest up to $500 million to support the 500,000-tonne CO₂ capture project. The site is expected to store CO₂ underground and aligns with ongoing CCUS initiatives in the U.S. and UAE.

• Carbon Cell Raises £1.2M to Scale Production of Innovative Low-carbon Foam Material

  Carbon Cell raised £1.2 million to scale production of its carbon-negative, plastic-free foam made from biochar. The material replaces conventional foams and reduces emissions by locking carbon into a stable form. Funding will support manufacturing trials and expansion across global markets.

• Why Capgemini’s Long-Term Deal with Charm Industrial Matters—For Everyone

  Capgemini signed a long-term offtake deal with Charm Industrial to remove 16,500 tons of CO₂ using bio-oil sequestration. The partnership supports scalable, policy-aligned carbon removal and infrastructure growth. It also reflects a broader shift toward durable climate solutions in regulated carbon markets.

• New Research to Reveal Hidden Microbial Impact on CO2 Storage

  Researchers from The University of Manchester and Equinor are studying how microbes affect CO₂ storage in deep geological formations. The project aims to uncover both risks and benefits of microbial activity in carbon capture and storage. Findings will inform safer, more effective long-term CO₂ storage strategies.

• Rubicon Carbon Enters into Agreement with Microsoft for Nature-based Carbon Removal Credits

  Rubicon Carbon and Microsoft signed a long-term agreement to purchase 18 million tonnes of carbon removal credits through nature-based ARR projects. The deal represents one of the largest commitments in the voluntary carbon market. It also helps scale high-integrity climate solutions through long-term investment and monitoring.

• JPMorgan Backs Mati Carbon to Scale ERW Carbon Removal Technology

  Mati Carbon secured new funding from J.P. Morgan to expand its Enhanced Rock Weathering carbon removal tech. The company uses crushed basalt to draw down CO₂ while helping smallholder farmers. The support will scale operations across India and Sub-Saharan Africa.

• A New Era of Carbon Innovation: Inside Svante’s World-First Gigafactory for CO₂ Capture

  Svante launched the world’s first commercial gigafactory for carbon capture and removal filters in British Columbia. The Redwood facility will produce enough filters to capture up to 10 million tonnes of CO₂ annually, serving both industrial emissions and direct air capture needs. Backed by major global investors, Svante’s tech is already in use and scaling rapidly across North America and Europe.

• Scaling Smarter: Climeworks and Svante Set New Bar for Direct Air Capture

  Climeworks and Svante completed real-world testing of Gen 3 Direct Air Capture systems, doubling CO₂ capture and cutting energy use in half. Their collaboration proves the tech works in harsh, real-life conditions and is ready for large-scale deployment. This breakthrough moves DAC closer to commercial maturity and climate impact at scale.