Browsing Tag
Direct Air Capture
25 posts
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…
Climeworks and MOL sign agreement to remove 13,400 tonnes of CO₂ by 2030
Carbon removal firm Climeworks has signed an agreement with Japanese shipping giant Mitsui O.S.K. Lines (MOL) to extract…
XPRIZE awards $100 million for carbon removal innovations
The XPRIZE for Carbon Removal, funded by Elon Musk’s charitable foundation, has awarded $100 million to six companies…
Occidental acquires Holocene Carbon, expanding DAC portfolio
Occidental Petroleum has acquired Holocene Carbon, a Tennessee-based direct air capture (DAC) start-up, marking its second major acquisition…
Occidental granted first U.S. permit to store CO₂ from DAC facility
Occidental Petroleum and its subsidiary 1PointFive have received approval from the U.S. Environmental Protection Agency (EPA) for Class…
US energy department considers major cuts to carbon removal
The US Department of Energy (DOE) is reportedly considering slashing hundreds of millions of dollars in funding for…
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