November 20, 2024
BY BluSky Carbon Inc.
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California Resources Corporation, and its carbon management business, Carbon TerraVault, announced the signing of a Memorandum of Understanding (MOU) with Net Power Inc., to develop Net Power’s ultra-low emission power plants in California.
Carbon capture and removal project developers Return Carbon and Verified Carbon announced “Project Concho,” a pioneering Direct Air Capture (DAC) hub to be built in Tom Green County, Texas.
Carbonfuture announced a strategic partnership with Economist Impact. This collaboration will co-create the first-ever Carbon Removal Spotlight at Economist Impact events. Fully integrated into the conference program, the spotlight will focus on advancing corporate action on carbon removal as a core component of net-zero strategies.
Artio has announced it has raised £550k to pioneer insurance solutions for early-stage carbon removal projects through its proprietary risk modelling platform. Artio's insurance products enable investors to confidently back early-stage carbon removal projects by providing risk mitigation from day one.
Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon capture and storage project in Martres-Tolosane, France. This grant for the CarboClearTech project brings the number of Holcim’s large-scale EU-supported carbon capture, utilization and storage (CCUS) projects to seven, advancing the European Green Deal.