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 🌱 Why Gevo's Live BECCS Project Changes Everything 🛢️ Alternative Carbon Carrier Technology Could Improve Both Oil Production and Carbon Storage 🌊 Hyundai Engineering & Const...
Inside This Issue 🌽 EPA's Bold Move: Cutting Import Credits to Boost U.S. Biofuel Output 🔬 Enertopia Announces Oxyhydrogen Mobile Lab in Operation 💰 Emissions Tech Venture Secures UK Grant for Sou...
Inside This Issue 🏦 Corporate Giants Signal DAC Market Is Ready for Prime Time ⚗️ Thyssenkrupp Nucera Abandons US Green Hydrogen Projects No Longer Deemed Feasible - CEO 🏭 Mission Zero Opens Third...
First Hydrogen to Expand Green Hydrogen Plans Into North America
First Hydrogen Corp says it plans to expand into North America with its green hydrogen production plans. The company’s initial focus will be Canada with its renewable energy resources including hy...
Denver Terminal Joins Avfuel’s Growing SAF Supply Chain
Denver Terminal joins Avfuel’s growing SAF supply chain Avfuel Corporation, a leading independent supplier of aviation fuel and services, is expanding its sustainable aviation fuel (SAF) footprint...
Startup’s electric conversion technology can unlock billions of dollars in annual revenue for farmers while cost-effectively meeting airlines’ SAF needs REDWOOD CITY, Calif.--Circularity Fuels tod...
NEW YORK -- Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, announced today that it has entered into a definitive agreement to acq...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.