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 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.
Read MoreLCAW26: Voluntary carbon coalition rebrands and launches fellowship
A coalition of academic institutions, non-profits, and private businesses has rebranded itself and launched a new fellowship programme to help scale high-integrity carbon markets, the group announced Tuesday.Â
Read MoreDATA DIVE: Overall SBTi demand may top 1 bln in 2035, but questions remain over near term CDR prospects
Demand for both removals and reduction credits from companies taking part in a corporate target setting scheme could top 1 billion in 2035, according to forecasts based on a recent update to the programme’s rules.
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