(Reuters) -California climate technology company Heirloom on Thursday unveiled what it says is the first U.S. commercial direct air capture (DAC) plant to suck planet-warming carbon dioxide from the air, a milestone in the effort to scale up nascent carbon removal technologies and hit global climate goals. Scientists expect the world will need to remove billions of tons of carbon-dioxide from the air annually. Direct air capture such as that used by Heirloom can secure the CO2, but it is not yet clear whether it can do so at a price that makes the technology practical.
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Blackrock will invest $550 million on behalf of clients in the development of Stratos, designed to capture up to 500,000 metric tons of carbon dioxide per .
Scrubbing carbon dioxide from the air is imperative if humanity is to limit global warming, experts say, and California startup Heirloom says it can do just that, using limestone as a carbon-sucking sponge. Several companies are tapping into a niche set to receive major public and private investments in the coming decades.
Capturing CO2 directly out of the atmosphere is the
BRISBANE (AFP) – Scrubbing carbon dioxide from the air is imperative if humanity is to limit global warming, experts said, and a California start-up said it can do just that, using limestone as a carbon-sucking sponge. San Francisco-based Heirloom Carbon has become a hot name in the nascent capture technology sector, even sealing a deal […]