UK startup raises $13 mln to scale limestone-based DAC technology
A London-headquartered limestone-based carbon removal (CDR) provider announced Thursday it has secured $13 million in Series A funding.
Read MoreAnalysts predict big 2025 ramp-up for CCUS
The world looks close to adding 20% new carbon capture utilisation and storage (CCUS) capacity in 2025, a leading energy consultancy said this week, calling it the “largest annual increase to date”.
Read MoreWCI Markets: Aftershocks of ETS rulemaking delay keep CCA volatility high
Another delay to highly anticipated cap-and-trade rulemaking jolted California Carbon Allowances (CCA) prices in the secondary market briefly to near three-year lows on Tuesday, with volatility driving up option prices.
Read MoreGoogle inks second 100k biochar carbon removal deal
Google signed a second large biochar carbon removal deal Thursday, buying 100,000 tonnes of CO2 through 2030 from a California-based developer.
Read MoreToyota’s US subsidiary settles falsified emissions testing lawsuit for $1.6 bln
A Toyota subsidiary agreed to plead guilty to charges of emissions fraud, resulting in a $1.6 billion settlement, the US Department of Justice (DOJ) said Wednesday.
Read MoreBRIEFING: Political turmoil, US tax incentives threaten Canada’s CFR
The ongoing political transition in Canada and federal biofuels tax credits in the US could jeopardise Canadian clean fuel programmes, panellists at a conference said Thursday.
Read MoreBRIEFING: LCFS changes, harmonisation between programmes top US biofuel industry wish list -panellists
Looking at the year ahead, the biofuels industry will be balancing programmes across different states and federal jurisdictions, with new sustainability guardrails in California’s Low Carbon Fuel Standard (LCFS), panellists said at a technical conference in California.
Read MoreUS DOE awards $6 mln towards methane emission reduction technology
Two energy industry companies have been awarded nearly $6 million from the US DOE to scale up technology aimed at reducing methane emissions.
Read MoreUS DOE churns near $14 mln funding for products from chemical, refinery CO2 emissions
The US DOE announced $13.7 million in available federal funding on Thursday to advance CO2 conversion from chemicals production and petroleum refining into usable products, adding to a string of awards since the start of the year.
Read MoreEnvironmental group drops lawsuit over $1 bln DOE loan to California nuclear plant
An environmental group suing the US DOE over a $1 billion loan to a nuclear plant voluntarily dropped the case Wednesday, saying that recent legislation by the state of California rendered the case moot.
Read More
