
Photo: Gevo
October 1, 2025
BY Gevo Inc.
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Australian startup MCi Carbon plans to raise US$50 million to expand its carbon capture technology after opening a demonstration plant in Newcastle. The company's process converts captured CO2 into materials used in construction, positioning it to benefit from growing global demand for carbon reduction solutions.
Holcim has launched CaptureLab, the cement industry's first industrial-scale carbon capture test platform, in Martres-Tolosane, France. The 2,500-square-meter facility uses an open innovation model to allow manufacturers, startups and researchers to test and validate advanced capture technologies in real-world conditions. The platform launches with an initial pilot project in partnership with Air Liquide.
The Carbon Capture Coalition has submitted recommendations to the U.S. Department of the Treasury and the Internal Revenue Service for inclusion in the 2026-2027 Priority Guidance Plan, urging action on Section 45Q tax credit guidance and other carbon management policies amid uncertainty surrounding the future of the Environmental Protection Agency’s greenhouse gas reporting program.
Deep Sky and TD Bank Group have signed a 10-year agreement under which TD will purchase more than 18,000 verified direct air capture carbon dioxide removal credits. The agreement supports the development of permanent carbon removal infrastructure in Canada and provides TD with Canadian-produced carbon removal credits over the next decade.
The U.S. Department of Energy has selected the TerraSpark Energy Campus to receive up to $18.5 million in federal funding to support development of a 1.6-gigawatt coal-fired power facility with carbon capture technology in West Virginia. The project is expected to advance engineering and permitting work while supporting energy production, carbon management and job creation.