Browsing Tag
Direct Air Capture
20 posts
Deep Sky launches first direct air capture CO₂ storage facility in North America
Deep Sky has begun operations at its new carbon removal facility in Innisfail, Alberta, marking North America’s first…
Saudi Arabia begins testing direct air capture technology in harsh climate conditions
Saudi Arabia has launched a live demonstration of Climeworks’ Direct Air Capture (DAC) unit at the King Abdullah…
Palo Alto Networks buys 10,000 tonnes of carbon removal credits from 1PointFive
1PointFive, a company specialising in carbon capture, utilisation and storage (CCUS), has announced a deal with Palo Alto…
Climeworks secures $162 million in largest carbon removal investment of 2025
Climeworks, a Swiss-based pioneer in direct air capture (DAC) technology, has raised $162 million in additional equity funding—marking…
EU to allow limited use of international carbon credits toward 2040 climate goal
The European Commission will allow member states to use a small share of international carbon credits to meet…
JPMorganChase buys 50,000 tonnes of DAC carbon credits
JPMorganChase has signed a long-term agreement with 1PointFive, a carbon capture, utilisation and sequestration (CCUS) company, to purchase…
SAP and Climeworks partner on long-term carbon removal agreement
SAP and Climeworks have entered a multi-year agreement to advance decarbonisation efforts, with SAP securing 37,000 tonnes of…
Deep Sky joins Rubicon Carbon portfolio in first direct air capture partnership
Canadian carbon removal developer Deep Sky has announced a multi-year offtake and strategic partnership with Rubicon Carbon, a…
Climeworks to cut workforce amid sector uncertainty and policy shifts
Climeworks, a direct air capture (DAC) company, has announced plans to reduce its workforce in response to mounting…
Liverpool FC launches world’s first carbon-neutral football jersey
Premier League champions Liverpool FC have unveiled the world’s first carbon-neutral football jersey to commemorate the 20th anniversary…
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