Is the market ready to acknowledge and invest in proven impact? Perspectives on biochar carbon removal
Though the Inflation Reduction Act was passed through the budget reconciliation process, this landmark law contains broadly supported carbon management priorities drawn from bipartisan legislation introduced earlier this year by Congress.
Heidelberg Materials announced that Mitsubishi Heavy Industries, Ltd. (MHI) has delivered and installed a compact CO2 pilot capture system “CO2MPACTTM” at its cement plant in Edmonton, Alberta, Canada.
Wintershall Dea has been awarded a new licence by the North Sea Transition Authority to store CO2 under the seabed. The Camelot licence’s annual storage potential is up to 6 million tonnes.
On completion of the North Sea Transition Authority’s first competitive Carbon Storage license round, Perenco UK and partner Carbon Catalyst Ltd announced that they have been awarded a license to progress the Poseidon CCS project.
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy announced up to $1.2 billion to advance the development of two commercial-scale direct air capture facilities in Texas and Louisiana.
U.S. DOE announces intent to launch carbon management initiative
By U.S. Department of Energy
November 15, 2023
The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management announced ts intent to launch a “Responsible Carbon Management Initiative.”
Southeast DAC Hub Team wins DOE funding, with Calcite to design a facility to capture 50,000 tons per year of CO2 from air in Mobile County, Alabama.
Battelle and leading clean technology developers Climeworks and Heirloom have received Notification of Selection from the U.S. Department of Energy for a proposal for the Bipartisan Infrastructure Law’s Regional Direct Air Capture Hubs program.
The Shepherd CCS Project set forth by SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industries, Lotte Chemical, Petronas, and now joined by Korea National Oil Corporation, Hanwha Corporation, Air Liquide Korea, and Shell Gas & Power.
IPT Well Solutions announced its partnership with Carbon America in drilling one of the first Carbon Storage wells in Colorado. The well was drilled to 5150 feet, where CO2 will be permanently injected into the Lyons and Lakota formations.
Stanlow Terminals has signed a Memorandum of Understanding with Eni UK to explore the development of CO2 collection, shipping, and storage at the Stanlow Terminal location and then delivering the received CO2 into Eni UK’s developing infrastructure.
Carbon TerraVault Holdings announced that the California Direct Air Capture Hub has been selected to receive $11.8M in funding from the U.S. DOE under its Regional DAC Hubs Initiative.
First-of-its-kind study quantifies health impact of the co-benefits of reducing other air pollutants with carbon capture technologies
The new facility is purposed to develop fuel production and combustion technologies, aiming for increased use of hydrogen, biomass and ammonia.
Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding with Timor-Leste’s national oil company TIMOR GAP to explore partnership opportunities for the proposed Bayu-Undan CCS project offshore Timor-Leste.
enfinium has signed a Memorandum of Understanding with Eni UK to support the development of carbon capture and storage at its Parc Adfer facility in North Wales.
Minnkota received approval of a $150 million loan to help advance its Project Tundra carbon capture initiative at the Milton R. Young Station.
ANA has become the first airline in the world to sign a purchase agreement with 1PointFive for carbon dioxide removal credits enabled by Direct Air Capture.
Occidental and ADNOC announced that they will evaluate investment opportunities in Direct Air Capture facilities and CO2 sequestration hubs in the United States and the United Arab Emirates.
The Global CCS Institute welcomes the UK government’s decision to fund two additional CCUS cluster projects. The UK government has selected Acorn CCS and Viking CCS under the Track-2 cluster sequencing process.
Carbon Upcycling Technologies Inc., a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining, has closed a US$26 million Series A funding round co-led by BDC Capital’s Climate
BGF, one of the largest and most experienced growth capital investors in the Uk and Ireland, has invested £3.4 million in Nuada, a UK-based company that is redefining the capture of carbon dioxide from foundational and hard-to-abate industries.
Babcock & Wilcox announced that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage engineering study to convert a coal-fired power plant in Michigan to use biomass fuel.
Saipem and Stockholm Exergi have signed a Letter of Intent for a large-scale CO2 capture plant to be installed at Stockholm Exergi’s existing bio-cogeneration plant located in the Swedish capital.
Puro.earth and Xpansiv announced that Puro.earth CO2 Removal Certificates will be listed for trading on Xpansiv spot marketplace CBL, the largest spot exchange for trading voluntary carbon credits and renewable energy certificates.
Mubadala Energy and Pertamina have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage applications in Indonesia.
The newly formed American Carbon Alliance announced it has added the nation’s three most preeminent ethanol organizations to the coalition: The American Coalition for Ethanol, Growth Energy, and the Renewable Fuels Association.
Imperial researchers have been awarded £986,176.28 in funding to develop a carbon negative cement additive. The funding comes from the Carbon Capture, Usage & Storage Innovation 2.0 competition.
Advertisement
@ Copyright 2025 - BBI International - All rights reserved.