INTERVIEW: New startup bets on preserving DAC industrial know-how as sector consolidates
A new startup is working to preserve stranded direct air capture (DAC) patents, data, and engineering know-how before funding pressures and sector consolidation cause useful technology to be permanently lost, its CEO told Carbon Pulse.
Read MoreLCAW26 roundup: Hope floats for climate action while London drips in heatÂ
Scorching heat dominated this year’s London Climate Action Week – even amid talk of new challenges and ideas, ranging from the hopes and fears posed by AI, to the need and opportunity to quickly stem ultra-potent superpollutants.Â
Read MoreAlberta-Canada carbon pricing deal threatens C$5 bln in Canadian CDR projects, project developers say
Project developers behind around C$5 billion ($3.5 bln) in carbon removal (CDR) projects are sending up flares Canada’s reduced industrial carbon price threatens their viability.
Read MoreEU to propose more dynamic ETS supply controls, slower emissions cap decline -reports
The European Commission is preparing a broad overhaul of the EU ETS that would introduce more dynamic controls over allowance supply, recalibrate the market’s emissions trajectory, and extend support for industrial decarbonisation, according to a media report citing people familiar with the plans.
Read MoreCampaigners call for national CDR goals, despite EU ‘target fatigue’
Climate NGO Carbon Gap has urged EU governments to set binding national targets for permanent carbon removal (CDR) under the bloc’s 2040 climate framework, warning that a single, EU‑wide net emissions goal will not deliver the volumes needed to reach net zero.
Read MoreEngineering giant teams up with Berlin climate tech startup on carbon capture project
A German engineering company and a climate technology startup have partnered to scale Direct Air Capture (DAC) systems, with one named as the other’s preferred automation and digitalisation partner ahead of the inauguration of the country’s largest DAC facility in Berlin.
Read MoreSouth Korea kicks off government-led carbon capture and utilisation project
South Korea has launched a large carbon capture and utilisation (CCU) project, aiming to reduce CO2 emissions by over 600,000 tonnes annually by 2035.
Read MoreNZ cleantech platform seeks to help homegrown companies break out
A new cleantech platform in New Zealand is looking to bring together innovators, funders, and relevant government agencies to help the sector grow, its co-founder and CEO told Carbon Pulse.
Read MoreLCAW26: Tencent shortlists global climate innovators for $30 mln catalytic funding programme
Chinese multinational technology conglomerate Tencent has unveiled 16 winners for its global initiative designed to help promising climate solutions grow and scale.
Read MoreMajor Japanese bank invests in Canadian DAC developer
A major Japanese bank has decided to invest in a Canadian startup dedicated to carbon removal solutions, eyeing the potential of Japan’s direct air capture (DAC) sector.
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