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Tag: CO2 Removal

Occidental’s First Large-Scale DAC Hub to Capture 500,000 Tonnes of CO2 Annually by 2025
Carbon Markets, ESG United States, News
Occidental’s First Large-Scale DAC Hub to Capture 500,000 Tonnes of CO2 Annually by 2025
ESG News August 11, 2025

Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...

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United's Sustainable Flight Fund Secures 500,000 Tons of CO2 Removal with Heirloom's Direct Air Capture Technology
Aviation, Carbon Markets, Climate Tech
United’s Sustainable Flight Fund Secures 500,000 Tons of CO2 Removal with Heirloom’s Direct Air Capture Technology
ESG News February 27, 2025

United’s Bet on Carbon Capture: United Airlines’ UAV Sustainable Flight Fund is backing Heirloom, a leader in direct air capture (DAC) technology, to boost its decarbonization strategy. The investment includes...

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Nellie Announces Major Carbon Removal Offtake Agreement with Zurich Insurance Group
Carbon Markets, Climate, News, Sustainable Finance
Zurich Insurance Secures 17,500 Ton Carbon Removal Deal with Nellie Technologies
ESG News January 31, 2025

Zurich Insurance Group has secured a long-term carbon dioxide removal agreement with Nellie, marking a milestone in commercial-scale engineered carbon removal. Why It Matters: After three years of development, Nellie’s...

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Carbon Markets, Environmental, News, Sustainable Business, Technology
Microsoft to Purchase 315,000 Metric Tons of CO2 removal from Heirloom
ESG News September 7, 2023

Microsoft’s purchase unlocks key project financing mechanism to dramatically scale and reduce the cost of Heirloom’s Direct Air Capture facilities Microsoft has signed a multi-year deal to purchase up to...

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Schroders Achieves 100% Renewable Electricity Across Global Operations One Year Ahead of Schedule
Energy, ESG Investing, News
Schroders Achieves 100% Renewable Electricity Across Global Operations One Year Ahead of Schedule
ESG News October 14, 2025

• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...

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Mercedes F1 Nears Net Zero Goal with 99% Biofuel Logistics Coverage Across Europe
Automotive, Climate, ESG Sports
Mercedes F1 Nears Net Zero Goal with 99% Biofuel Logistics Coverage Across Europe
ESG News October 14, 2025

Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...

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Moeve Joins Avelia as First External SAF Supplier
Aviation, Energy
Moeve Joins Avelia as First External SAF Supplier
ESG News October 14, 2025

• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...

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Google to Invest €5 Billion in Belgium to Expand AI and Carbon-Free Infrastructure by 2027
AI, ESG Europe, News
Google to Invest $5B in Belgium to Expand AI and Carbon-Free Infrastructure by 2027
ESG News October 14, 2025

• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...

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Climate Fund Managers Closes $1.07 Billion Climate Adaptation Fund for Emerging Markets
Climate Finance, News
Climate Fund Managers Closes $1B Climate Adaptation Fund for Emerging Markets
ESG News October 13, 2025

• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...

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Mexico Adopts 17 Climate-Aligned Legal Clauses to Advance Sustainable Law Frameworks
Climate, ESG United Kingdom, News
Mexico Adopts 17 Climate-Aligned Legal Clauses to Advance Sustainable Law Frameworks
ESG News October 13, 2025

Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...

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EU Launches $6.1M Initiative to Scale Sustainable Algae Farming and Blue Innovation Hubs
Agriculture, Environmental, EU Parliament
EU Launches $6.1M Initiative to Scale Sustainable Algae Farming and Blue Innovation Hubs
ESG News October 13, 2025

• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...

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India Plans $77B Hydropower Expansion as Strategic Buffer to China’s Upstream Dams
Climate Tech, ESG China, ESG India, News
India Plans $77B Hydropower Expansion as Strategic Buffer to China’s Upstream Dams
ESG News October 13, 2025

• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...

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US Pushes Back Against EU Plan to Cut Global Shipping Emissions
Climate, Government, News, Transportation
US Pushes Back Against EU Plan to Cut Global Shipping Emissions
ESG News October 13, 2025

• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...

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