Carbon management specialist Occidental has signed a definitive purchase agreement to acquire the outstanding equity of Carbon Engineering for approximately $1.1bn.
Norwegian carbon removal specialist Removr is assessing the feasibility of a direct air capture (DAC) hub in the US Pacific Northwest with support of a $3m grant from the US Department of Energy (DOE).
The US Department of Energy (DOE) will support the development of two commercial-scale direct air capture (DAC) facilities in Texas and Louisiana with $1.2bn, the world’s largest investment in engineered carbon removal.