Scaling Up Carbon Dioxide Storage to Achieve a Net-Zero Future

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The U.S. aims to capture and store hundreds of millions of tons of CO2 annually to reach net-zero emissions by midcentury. This requires ...

carbon-capture carbon-storage

CarbonCapture Wins Initial Award as Part of DOE's Carbon Dioxide Removal Purchase Pilot Prize Program

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CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced it has won Phase 1 of the U.S. D...

carbon-capture carbon-removal carbon-storage

ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.

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ExxonMobil has signed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO), cover...

carbon carbon-capture carbon-storage

DOE Unveils Carbon Management Strategy to Drive a Net-Zero Future

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The U.S. Department of Energy (DOE) released its Carbon Management Strategy to combat climate change. It supports the Biden-Harris admini...

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Wood Leads Industry Project to Accelerate CCUS With Guidelines for CO2 Specifications

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Wood is leading a Joint Industry Partnership (JIP) to create guidelines for CO2 specifications to support Carbon Capture, Utilization, an...

carbon-utilization carbon-capture carbon-storage

DOE Announces Plans to Invest in Carbon Dioxide Transport FEED Studies

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The U.S. Department of Energy (DOE) plans to invest in more front-end engineering and design (FEED) studies for carbon dioxide (CO2) tran...

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The Economic and Environmental Case for 45Q: An Open Letter to Congress

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Business leaders urge Congress to uphold the 45Q tax credit, highlighting its role in driving carbon management innovation, job creation,...

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Microsoft Clinches Ocean-based Carbon Removal Deal With Ebb Carbon

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Microsoft has partnered with Ebb Carbon to capture and store up to 350,000 tonnes of CO₂ over the next decade. The agreement starts with ...

carbon-capture carbon-storage

Shell to Build Carbon Capture and Storage Projects in Canada

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Shell Canada Products, a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Polaris, a carbon capture proje...

carbon-capture carbon-storage

New Joint Venture Announced by GLJ and Energy Fuse to Lead U.S. Carbon Sequestration and Enhanced Oil Recovery Projects

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GLJ Ltd. and Energy Fuse Group LLC have formed a joint venture to lead U.S. Carbon Sequestration and Enhanced Oil Recovery projects. This...

carbon-sequestration carbon-capture carbon-storage

Carbon Capture SPAC CO2 Energy Transition Lowers Unit Offering by 25% Ahead of $60 Million IPO

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CO2 Energy Transition Corp., a blank check company targeting the carbon capture, utilization, and storage industry, lowered the proposed ...

carbon-utilization carbon-capture carbon-storage

OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company

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OnStream CO2 has received a $26 million CarbonSAFE Phase III grant from the U.S. Department of Energy. The funding will support the GeoDu...

carbon-storage

Canada Moves Forward with Direct Air Capture Offset Credits

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Canada has introduced a draft protocol for Direct Air Carbon Dioxide Capture and Geological Storage (DACCS) to support carbon removal. Co...

daccs direct-air-capture carbon-capture

Return and Verified Announce First 100% Wind-Powered Direct Air Capture Hub, Designed To Scale to 500,000 Tons Annually

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Return Carbon and Verified Carbon have announced 'Project Concho,' a groundbreaking Direct Air Capture hub in Texas. It will be the first...

direct-air-capture carbon-removal carbon-storage

ATCO EnPower, Shell Move Forward with Atlas Carbon Storage Hub Project

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ATCO EnPower has announced that together with Shell Canada Limited, a final investment decision (FID) has been made to move forward with ...

carbon-capture carbon-storage

Vema Hydrogen Secures $13 Million to Produce Clean Hydrogen Below $1 per Kilogram

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Vema Hydrogen secured $13 million to advance its Stimulated Geologic Hydrogen process, which accelerates natural geochemical reactions to...

hydrogen-production hydrogen carbon-removal

Vaulted Deep: Biomass Carbon Removal And Storage Company Raises $32.3 Million (Series A)

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Vaulted Deep, a biomass carbon removal and storage (BiCRS) company specializing in durable carbon dioxide removal (CDR), announced it has...

carbon-removal carbon-storage

Reconciliation Energy Transition Inc. and Sumitomo Corporation of Americas Announce Exclusivity Agreement for Carbon Transportation and Sequestration Project in Alberta, Canada

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Reconciliation Energy Transition Inc. ("RETI") and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation, (together "Su...

carbon-capture carbon-storage

Are U.S. Setbacks Fueling a Global Push for Decarbonization?

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The U.S. Department of Energy’s cancellation of most direct air capture hub awards has disrupted the nation’s carbon removal momentum. Me...

ccs direct-air-capture ccus

64 Carbon Projects Were Stuck. Texas Just Unlocked Them

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Texas gained EPA approval to regulate its own Class VI carbon storage wells, clearing a major backlog of 64 stalled projects and accelera...

ccs carbon-capture carbon-removal