Critical Trends, Measurable Results
IMAGE: BBI INTERNATIONAL
May 1, 2025
BY Laura Wente
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Alberta’s government is investing $5 million from the industry-led TIER fund to help Deep Sky design, build and operate the world’s first direct air capture innovation and commercialization centre in Innisfail.
Nuada has developed a solution to capture industrial carbon emissions before they enter the atmosphere, targeting sectors such as cement, lime, and waste-to-energy. Compared to traditional methods, Nuada’s technology is more efficient and cost-effective, requiring 90 per cent less energy than conventional approaches.
Heidelberg Materials has officially inaugurated Brevik CCS in Norway, the world’s first industrial-scale carbon capture, and storage (CCS) facility in the cement industry. Brevik CCS will capture around 400,000 tons of CO₂ per year, representing 50% of the plant’s emissions – and equivalent to the amount of CO₂ emissions per passenger for roughly 150,000 round-trip flights between Frankfurt and New York.
Seatrium Limited announced the signing of a Letter of Intent (LOI) with long-term strategic Favoured Customer Contract partner Solvang ASA, Norway, for installation and retrofitting of full-scale Carbon Capture and Storage (CCS) systems. The milestone LOI was formalized during Nor-Shipping 2025 in Oslo, reinforcing the companies’ shared commitment to sustainable maritime solutions.
According to Elmini, engineered removal transactions in the first quarter of 2025 indicate that the voluntary carbon market is quickly approaching a tipping point. Bigger deals continue to drive growth, a wider range of removal methods is being transacted, and more suppliers and buyers are entering the market.
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