By Jon Hemmerdinger2020-12-10T13:46:00+00:00
United Airlines has unveiled an effort to become carbon neutral by 2050 through investments in a process that strips CO2 from air and deposits it underground.
Chicago-based United will initially make a “multi-million investment” in that process, called “direct air capture and sequestration”.
The investment will go to a company called 1PointFive, which is jointly owned by a subsidiary of Occidental Petroleum and private equity firm Rusheen Capital Management.
Source: United Airlines
A United Airlines Boeing 777-300ER taking off
The funds will help 1PointFive “build the world’s largest direct-air capture and sequestration plant”, says Kirby. “We are committed to be 100% green by 2050.”
Supersonic jet startup Aerion just broke ground on a new $300 million plant in Florida with plans to fly its first aircraft in 5 years msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Supersonic jet startup Aerion just broke ground on a new $300 million plant in Florida with plans to fly its first aircraft in 5 years take a look Thomas Pallini A rendering of Aerion Supersonic s AS2 jet. Aerion has broken ground on a new campus in Melbourne, Florida that will house the production facilities for its AS2 supersonic business jet. The $US300 million campus will be known as Aerion Park and span 110.6 acres at Melbourne International Airport on Florida s Space Coast. Aerion expects to begin building the first AS2 in 2023 once the production and engineering facilities are complete.
Florida s Space Coast is about to become the Supersonic Coast with a startup that s working to usher in the new era of supersonic travel that has just broken ground on a new campus in Melbourne, Florida.