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DOE Releases Carbon Management Strategy, Outlining Steps to Enable These Technologies to Support a Net-Zero Emissions Future

October 16, 2024

BY U.S. Department of Energy

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Climate Vault Solutions adds Cowboy Clean Fuels to carbon removal portfolio

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Climate Vault Solutions has added Cowboy Clean Fuels’ Triangle Unit project in Wyoming to its vetted carbon removal portfolio. The biomass-based project is the first of its kind approved by Climate Vault’s independent expert panel and will supply carbon removal credits through Climate Vault Solutions’ procurement platform.

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Brazil’s regulatory framework for carbon capture, utilization and storage is emerging as a critical component of the country’s strategy to decarbonize heavy industry. As global emissions continue to rise and natural sequestration processes prove insufficient, Brazil is developing a policy and regulatory approach aimed at addressing emissions from hard-to-abate sectors while maintaining industrial competitiveness.

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The federal government is investing $28.9 million through the Energy Innovation Program in 12 projects advancing carbon capture, renewable energy and smart grid innovation across Canada. The funding, announced by Natural Resources Minister Tim Hodgson, directs the largest share — $16.9 million — toward carbon capture, utilization and storage research and demonstration, with the remainder supporting renewable energy deployment and electricity grid modernization.

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Saipem and Capsol Technologies ASA have signed a cooperation agreement to jointly develop industrial-scale carbon capture projects using Hot Potassium Carbonate technology, building on their existing collaboration on a Stockholm Exergi bioenergy plant currently under construction.

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Lafarge France has signed a Front End Engineering Design (FEED) contract with Air Liquide for the eCapt‑Rhône du Teil project, marking a major step toward launching a CO₂ capture facility at the Le Teil cement plant. The installation is expected to begin operating in 2029 and will convert captured carbon into low‑carbon e‑methanol.

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