All post items with tag CCU
The release of CO2 to the atmosphere has become a problem. So much so, that a nonsensical idea like direct air capture (DAC) has attained followers. And is even experimented on by companies. Clearly, the world is in distress when an extreme idea like direct air capture can be taken seriously. The stakes are high Our
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced up to $1.2 billion to advance the development of two commercial-scale direct air capture facilities in Texas and Louisiana. These projects—the first of this scale in the United States—represent the initial selections from the President’s Bipartisan Infrastructure Law-funded Regional
Scientists estimate that roughly 34 billion tonnes of carbon dioxide is emitted globally each year. This gives us a sense of the immense amount of CO2 emissions going into the atmosphere yearly without being seen or very well perceived by the public. To grasp the scale of this phenomenon, imagine putting on magic glasses able to
Hydrogen and CO2 will be produced from B&W’s BrightLoopTM technology using biomass and other solid fuels Production anticipated to begin in mid-2026 Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has reached an agreement on a term sheet for General Hydrogen Corp., a CGI Gases subsidiary, to purchase net-negative carbon intensity hydrogen from a biomass-fueled
Montauk Renewables, Inc. (NASDAQ: MNTK) (“Montauk” or the “Company”) and its subsidiary, Montauk Energy Holdings, LLC, announced the Company signed a Letter of Intent (“LOI”) with EE North America, LLC (“EE North America”), a North American subsidiary of Denmark–based European Energy, to deliver all biogenic Carbon Dioxide (“CO2”) volumes from all its Texas facilities sufficient
As the world seeks to rapidly reduce its carbon emissions in the race to net zero, major industries across the globe are adopting greener processes to minimise their carbon footprint. The steel industry, which currently produces more CO2 than any other heavy industry and comprises around 8% of total global emissions, is one of the sectors seeking
The global market for carbon dioxide (CO2) based chemicals and polymers is projected to experience significant growth by 2028. The increasing interest in organic synthesis using CO2 as a resource has led to the development of high-value fuels and commodities derived from CO2. The use of CO2 in the production of polymeric materials has also
Newlight Technologies, Inc., a leader in decarbonization technology using natural microorganisms to convert greenhouse gas into high-performance AirCarbon®-based materials, today announced the completion of an equity investment round led by GenZero totaling US$125 million. The funding round includes participation by GenZero, a Temasek-owned decarbonization-focused investment platform company, Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental
European Energy is building the world’s largest CO2-to-green methanol plant, with an annual capacity of 32,000 tons End-customers include maritime giant Maersk, the Lego Group and Novo Nordisk MegaMax catalyst optimally suited for green methanol production due to its high activity and enhanced stability Clariant Catalysts continues to drive energy transition lighthouse projects. European Energy
Climate change, caused by the excessive emission of greenhouse gases, has become one of the most pressing global issues. Carbon dioxide (CO2) is the primary greenhouse gas responsible for global warming, and its concentration in the atmosphere has been increasing at an alarming rate. As a result, scientists and engineers are exploring innovative ways to