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US-based CarbonCapture raises $80 million from Saudi Aramco, others

Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco. The money raised in CarbonCapture's latest major funding round represents one of the largest injections of private capital into direct air capture (DAC) – a technology that has yet to be proven at scale - over the last five years, according industry tracker PitchBook. &...
United States Saudi Arabia Department Of Energy District Of Columbia Simon Jessop Adrian Corless
Source: yahoo.com

The race to decarbonize the American economy

The climate crisis has accelerated private and public sector efforts to decarbonize the American economy. On Wednesday, March 13 at 12:00 p.m. ET, Rep. Scott Peters (D-Calif.) and Birger Steen, CEO of Freyr Battery, join Washington Post Live for conversations about the new opportunities for industrial innovation, the impact of recent legislation on clean energy development and their assessment of the challenges ahead.
United States Birger Steen Christian Bell Adrian Corless Scott Peters Carboncapture Inc

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