November 20, 2024
BY BluSky Carbon Inc.
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Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership and Net Zero Teesside Power.
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.