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...
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...
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...