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Artio Secures £550k to Revolutionize Early-Stage Carbon Insurance

November 7, 2024

BY Artio

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1PointFive Announces Carbon Removal Credit Agreement with Palo Alto Networks

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By 1PointFive

9 minutes ago

Project Development Utilization 

1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide removal (CDR) credits over five years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies as a solution to address emissions.

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Carbon to Sea Initiative and the Marine Environmental Observation, Prediction and Response Network (MEOPAR) announced a new memorandum of understanding to jointly fund initiatives to advance ocean-based carbon dioxide removal (oCDR) research and development in Canada. Through this new partnership, Carbon to Sea and MEOPAR will invest $4 million CAD to support projects across Canada.

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CF Industries Holdings, Inc. announced the start-up of the carbon dioxide (CO2) dehydration and compression facility at its Donaldsonville Complex in Louisiana. The facility will enable the transportation and permanent geological sequestration of up to 2 million metric tons of CO2 annually that would otherwise have been emitted into the atmosphere.

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Sulzer has signed an agreement with KEZO, Zurich Oberland’s waste utilization service provider, to develop and deliver a licensed carbon capture solution for commercial validation at KEZO’s waste-to-energy plant in Hinwil. The goal is to assess integration feasibility with KEZO’s processes in preparation for its new municipal solid waste incineration plant planned for 2030.

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Bayou Bend, a joint venture between Chevron, Equinor, and TotalEnergies SE, is a carbon dioxide (CO₂) transportation and storage project in Southeast Texas. It’s designed to support key regional industries in reducing the carbon intensity of their operations. The goal is for Bayou Bend to serve as a central hub for CO₂ storage in the area.

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