Tag: carbon removal

Oxy And ADNOC Plan $500M DAC Project In Texas

Oxy and ADNOC to develop a $500M Direct Air Capture facility in Texas capturing 500,000 tonnes of CO2 yearly.

JPMorgan Backs Mati Carbon To Scale ERW Technology

JPMorgan funds Mati Carbon to expand enhanced rock weathering tech for global carbon removal and farmer benefits.

J.P. Morgan Funds Mati Carbon To Scale ERW Impact

Mati Carbon wins $50M XPRIZE, backed by J.P. Morgan to scale enhanced rock weathering in India and Africa.

Climeworks Gen 3 Doubles CO2 Capture, Cuts Energy Use

Climeworks’ Gen 3 DAC tech doubles CO2 capture and halves energy use in large-scale real-world testing.

Microsoft To Buy 18M Tonnes Nature Carbon Credits

Microsoft partners with Rubicon Carbon to source 18 million tonnes of nature-based carbon removal credits globally.

Google Partners To Cut Superpollutant Emissions

Google teams up with Recoolit and Cool Effect to cut superpollutants, aiming to reduce 1M tons of CO2 emissions.

Microsoft Secures 3M Forest Carbon Credits With EFM

Microsoft secures up to 3M carbon credits through EFM’s forest management, advancing its climate goals.

Microsoft Expands Carbon Removal Deal With Stockholm Exergi

Microsoft doubles carbon removal deal with Stockholm Exergi, capturing 5.08 million tons of CO2.

Artio Becomes First Lloyd’s Coverholder for Carbon Projects

Artio becomes first Lloyd’s coverholder to insure carbon projects, unlocking early-stage investment.

Chestnut Carbon Plants 17M Trees On 30K Acres

Chestnut Carbon plants 17M trees on 30K acres, becoming largest U.S. afforestation project on Gold Standard.

Carbon Alpha, Mangrove Launch Digital BECCS Project

Carbon Alpha and Mangrove launch Canada’s first large-scale digitally tracked carbon removal project in Saskatchewan.

RepAir Raises $15M To Scale Carbon Capture Tech

RepAir raises $15M to scale its electromechanical carbon capture tech, aiming for low-cost, efficient CO2 removal.

Microsoft Partners With Carba For Carbon Removal Credits

Microsoft signs five-year deal with Carba to purchase 44,000 carbon removal credits starting in 2025.

Mati Carbon Wins $50M XPRIZE for Carbon Removal Innovation

Mati Carbon wins $50M XPRIZE for carbon removal with enhanced rock weathering on Indian farms.

Occidental Acquires Holocene To Boost DAC Strategy

Occidental acquires Holocene to expand carbon removal tech, aiming to scale low-cost, efficient DAC solutions.

Microsoft Strikes Largest Carbon Removal Deal

Microsoft signs largest carbon removal deal with Fidelis, committing 6.75 million tons of CO₂ over 15 years.

Orbital And Civo Partner For Carbon Removal In Data Centers

Orbital and Civo partner to pilot AI-driven carbon removal tech in UK data centers to reduce emissions.

JPMorgan Raises $1.5B For Climate Timberland Fund

JPMorgan’s Campbell Global raises $1.5B for a timberland fund focused on climate, carbon, and sustainability.

Mombak Secures $18M For Amazon Reforestation Efforts

Mombak raises $18M from Santander and BNDES to expand Amazon reforestation and boost Brazil’s carbon market.

How To Assess The Quality Of Carbon Offsets

Carbon offsets can aid net zero goals if used wisely—quality, credibility, and strategy are key for real impact.

Microsoft-Terradot Deal Boosts Carbon Removal Science

Microsoft partners with Terradot to remove CO₂ using rock weathering, boosting science and scaling in Brazil.