Article
Yamaha Illuminates Hydrogen for Recreational Craft During 2024 IBEX®
Description
Yamaha is advancing hydrogen technology as part of its commitment to sustainability and innovation. The company is collaborating with industry leaders to explore carbon-neutral marine products while maintaining performance standards. At IBEX 2024, Grant Suzuki, Louis Doucette, and Tomoyoshi Onikata discussed hydrogen fuel challenges, infrastructure, and regulatory requirements.
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Wood Leads Industry Project to Accelerate CCUS With Guidelines for CO2 Specifications
Wood is leading a Joint Industry Partnership (JIP) to create guidelines for CO2 specifications to support Carbon Capture, Utilization, and Storage (CCUS) projects. These guidelines focus on the impact of impurities in CO2 across the entire CCUS value chain. The goal is to accelerate the industry's growth by setting CO2 conditioning standards that meet safety, environmental, and operational requirements.
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Skytree Opens Nashville Office to Accelerate Direct Air Capture Adoption Across United States
Skytree, a Dutch climate tech company, announced the opening of its first satellite office in Nashville and a new North American HQ in Toronto. After a decade of developing its direct air capture technology, already in use across Europe, Skytree is expanding into North America. The Nashville office will focus on connecting with U.S. customers and promoting DAC technology.
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Vision RNG Secures $207 Million in Financing From Hasi to Construct Two LFG to RNG Projects in Ohio
Vision RNG, a leader in renewable natural gas (RNG) production, has closed on an aggregate $207 million in project financing with HASI, a leading investor in climate solutions. This landmark funding will be instrumental in accelerating Vision RNG’s growth strategy, which will result in advancing sustainable energy solutions and reducing carbon emissions.
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Jury Awards Propel Fuels $604.9 Million for Trade Secret Misappropriation by Phillips 66
Propel Fuels won its trade secrets misappropriation case against Phillips 66 after a five-week trial in California. The jury found that Phillips 66 used Propel’s trade secrets to develop its renewable fuels business, violating the California Uniform Trade Secrets Act. Propel was awarded $604.9 million in unjust enrichment damages.
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Building the Future of Carbon Removal: Insights from Climeworks’ Direct Air Capture Success
Climeworks has made significant progress in removing CO₂ through their innovative Direct Air Capture (DAC) technology. They operate two large-scale DAC facilities, Orca and Mammoth, in Iceland, removing more CO₂ than any other company in the field. Climeworks is now expanding to the U.S. with a megaton DAC hub in Louisiana.
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Honeywell Advanced Solvent Carbon Capture Technology To Be Tested at World’s Largest Test Facility
An advanced solvent for post-combustion carbon capture developed through a partnership involving the University of Texas at Austin (UT Austin) and Honeywell is set for engineering-scale testing in October at the Technology Centre Mongstad (TCM), the world’s largest carbon capture test facility located in western Norway.
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US Supreme Court Declines to Block EPAs Carbon Capture Rule for Power Plants
The US Supreme Court has denied requests from electric utility trade groups for an emergency stay of a final Environmental Protection Agency rule requiring 90% carbon capture at existing coal-fired power plants and new gas-fired generators by 2032. This decision means that affected power generators will not need to start compliance work until June 2025, giving them time before the regulations take effect.
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DOE Invests $58 Million to Tackle Climate Change by Removing Carbon From the Atmosphere
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM), with DOE’s Hydrogen Fuel Cell Technologies Office (HFTO), today announced more than $58.5 million in federal funding for 11 projects to help develop a commercially viable carbon dioxide removal industry in the United States.