Tag: carbon storage
Germany Approves Bill To Fast-Track CCS Projects
Germany passes bill to fast-track CCS projects, aiding hard-to-abate industries in meeting climate neutrality goals.
Frontier And Wild Assets Sign Carbon Credit Deal
Frontier and Wild Assets sign deal for 120,000 tonnes of CORCs using BECCS and rail-based carbon storage model.
Boomitra Launches Biomass Carbon Project In Botswana
Boomitra launches biomass carbon project in Botswana to restore land, cut CO₂, and support rural communities.
UK To Add Carbon Removals To Emissions Trading Scheme
UK to integrate carbon removals into ETS by 2029, aiding net zero targets and scaling removal technologies.
Microsoft Signs CO2 Deal For Waste-To-Energy Project
Microsoft to buy 3M tons of CO2 removals from Danish waste-to-energy carbon capture project starting in 2029.
Phlair And Carbon Removal To Build Europe’s Largest DAC
Phlair and Carbon Removal to build Europe’s largest DAC plant in Norway, targeting 500,000 tonnes CO2 yearly.
Microsoft To Buy CO2 Credits From Norway CCS Project
Microsoft signs deal to buy 1.1M tons of CO2 removal credits from Norway’s waste-to-energy CCS project by 2039.
Rubicon Adds DAC Credits With Deep Sky Partnership
Rubicon partners with Deep Sky to add DAC credits, offering permanent carbon removal from 2025 to 2033.
Eni Partners With GIP For Major CCUS Stake Deal
Eni signs exclusivity deal with GIP for nearly 50% stake in CCUS projects to boost energy transition efforts.
BlackRock Eyes Stake In Eni’s Carbon Capture Venture
Eni signs exclusivity with BlackRock’s GIP to sell 49.99% stake in its carbon capture business.
EU Mandates CO₂ Storage By 2030 For Oil Firms
44 oil and gas firms must deliver 50Mt CO₂ storage by 2030, with flexible collaboration options allowed.
JPMorganChase Invests In Scalable Carbon Removal Deal
JPMorganChase invests $90M to buy 450,000 mtCO₂e from CO280, boosting scalable carbon removal in pulp mills.
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.
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.
Carbon Alpha, Mangrove Launch Digital BECCS Project
Carbon Alpha and Mangrove launch Canada’s first large-scale digitally tracked carbon removal project in Saskatchewan.
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.
Eni And UK Government Greenlight £2B CCS Project
Eni and UK Government greenlight £2B Liverpool Bay CCS project, boosting jobs, decarbonisation, and growth.
Dutch Government Invests €639M In Aramis Carbon Project
Dutch government invests €639M in Aramis project after Shell, TotalEnergies withdraw from pipeline funding.
Mati Carbon Wins $50M XPRIZE for Carbon Removal Innovation
Mati Carbon wins $50M XPRIZE for carbon removal with enhanced rock weathering on Indian farms.
Microsoft Strikes Largest Carbon Removal Deal
Microsoft signs largest carbon removal deal with Fidelis, committing 6.75 million tons of CO₂ over 15 years.
