Published by Todd Bush on December 9, 2024
Japan Airlines (JAL) has deepened its commitment to achieving net-zero CO₂ emissions by 2050 with an investment in California-based Heirloom Carbon Technologies, a leader in direct air capture (DAC) technology.
Japan Airlines (JAL) has deepened its commitment to achieving net-zero CO₂ emissions by 2050 with an investment in California-based Heirloom Carbon Technologies, a leader in direct air capture (DAC) technology.
This marks another major step in diversifying its decarbonisation strategies, following its earlier investment in Direct Ocean Capture technology via Captura.
>> In Other News: ‘Hyper-Growth’ Startup in Old Saybrook Inks $105M Deal for Carbon-removal Technology in Arkansas
Heirloom specialises in a novel approach that leverages limestone’s natural ability to absorb CO₂. The process involves heating limestone using renewable energy to release stored CO₂, after which the material reabsorbs atmospheric carbon like a sponge.
This technique allows for large-scale CO₂ removal from the atmosphere at a relatively low cost.
By supporting Heirloom, JAL aims to advance the development of critical carbon capture technologies and promote the adoption of carbon credits generated through CO₂ removal.
In tandem with its own operational improvements, such as fleet modernisation and fuel efficiency upgrades, JAL’s engagement with cutting-edge climate technologies reflects a multi-faceted approach to tackling aviation’s environmental impact, the company said.
Yasushi Noda, SVP, General Affairs Division, Japan Airlines, said: “We recognise this partnership as an important milestone in the development of global decarbonisation solutions. Through Heirloom’s innovative Direct Air Capture technology, we aim to significantly advance our efforts towards Net Zero CO2 Emissions by 2050.”
Shashank Samala, CEO of Heirloom Carbon Technologies, added: “We’re honoured to receive this investment from JAL and look forward to working with them as a strategic partner to rapidly scale our CO2 removal technology to make meaningful progress in the fight against global temperature rise.”
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏜️ California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California 💂 Plug and Carlton Power, Barrow Gr...
Inside This Issue 🌱 Microsoft's BioCirc Deal Signals BECCS Is Now Bankable 🔎 Hydrogen Exploration in Iowa Well Underway 🛢️ Alberta Sees Oil Sands Deal on Carbon Project Within Two Months 🍁 This Ca...
Inside This Issue 🛫 Boeing Backs $10M Quebec SAF Project to Fly by 2027 🏗️ Eni CCUS Holding Expands the Financing Sources for Its Platform of CCS Projects 🍁 GeoRedox and Canada Nickel Launch First...
EP Carbon's Drawn Carbon Platform Puts Forest Project Quality First
The voluntary carbon market has spent the last few years reckoning with a hard truth: not all carbon credits are created equal. Price differentiation between high- and low-quality carbon credits wi...
Econetix Closes Multi-Million Dollar CORSIA Supply Deal With SmartestEnergy
Vienna-based Carbon Asset Manager signs second major CORSIA offtake agreement within months, this time with Marubeni Group subsidiary, SmartestEnergy Vienna, Austria, Mai 2026: Econetix, a Carbon ...
Ohio Senate Passes Substitute Bill on Carbon Capture and Storage Activity
Legislation introduced over a year ago to allow for carbon capture and storage (CCS) activity in Ohio has progressed through the Senate, but in a different version than passed by the House. Delibe...
Reaching final investment decision (FID) is one of the clearest signals that a project is moving from vision to reality. That’s why the 30 MW Barrow Green Hydrogen project reaching FID is such a s...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.