
November 16, 2023
BY Wood Mackenzie
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Google announced a long-term agreement through the Symbiosis Coalition to purchase 260,000 metric tons of carbon removal from Thryve.Earth's agroforestry project in Indonesia, marking the first agroforestry initiative in its carbon removal program while supporting ecosystem restoration and local farmers.
Mantel and Aalborg CSP have entered a strategic supply agreement to develop standardized, modular molten salt tank systems for carbon capture projects. The partnership aims to reduce costs, simplify construction and accelerate deployment through transportable, shop-fabricated designs that can be replicated across commercial installations.
Canada and Alberta are advancing a proposed west coast oil pipeline and the Pathways carbon capture project, initiatives expected to reduce emissions, create about 175,000 jobs and attract more than $200 billion in investment.
Researchers in Singapore have developed a process that converts shrimp shells and other organic waste into carbon-negative hydrogen, protein for aquaculture feed and calcium carbonate for construction materials, with commercialization efforts now underway.
Air Products is canceling its Louisiana Clean Energy Complex after determining the project would not meet its financial return requirements. The company expects to record up to $2.9 billion in pre-tax charges related to the decision and other clean energy project exits while moving ahead with a renewable ammonia marketing agreement with Yara tied to the NEOM Green Hydrogen Project in Saudi Arabia.