The Ocean is the Next Frontier for the Carbon Removal Industry
New carbon removal startups are raking in millions with the promise of trapping emissions in the ocean.
Source: yahoo.com
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Carbon removal hype is becoming a dangerous distraction
Corporations and nations are touting plans to suck greenhouse gases out of the air. But the crucial priority this decade is slashing emissions.
Source: technologyreview.com
Climeworks expands to the US while the EU taxes carbon imports
Legislation is driving international companies to set up camp within the US, and the EU won’t let that happen free of charge.
Source: greenbiz.com
Will Occidental's Billion-Dollar Carbon Capture Bet Pay Off?
Occidental Petroleum Corporation is investing over $1 billion in a plant fitted with direct air capture technology, which will remove CO2 directly from the air and pump it underground.
Source: oilprice.com
Iceland National Power Company Details New Carbon Capture Project
Landsvirkjun, the national power company of Iceland, on June 28 announced it intends to capture and reinject carbon dioxide (CO2) from Þeistareykir
Source: powermag.com