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Tag: DAC
Canada has committed $2.5 million to Ottawa-based TerraFixing to advance its direct air capture (DAC) technology, designed specifically for northern climates. The funding comes from the Energy Innovation Program and...
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...
Meta’s Fundamental AI Research (FAIR) team, in collaboration with the Georgia Institute of Technology and artificial intelligence firm Cusp AI, has released the Open Direct Air Capture (DAC) 2025 Dataset...
Saudi Arabia has taken a significant step in its climate strategy by inaugurating the country’s first Direct Air Capture (DAC) demonstration unit, located at the King Abdullah Petroleum Studies and...
Prometheus Fuels has achieved a major commercial milestone, becoming the world’s first company to produce fully carbon-neutral e-Fuel from air using direct air capture (DAC) and off-grid renewable energy. Its...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
Climeworks, a global leader in Direct Air Capture (DAC) and carbon removal solutions, has raised $162 million in additional equity financing, marking the largest carbon removal investment round of 2025...
Deep Sky, a Canadian-based Direct Air Capture (DAC) project developer, has entered a multi-year offtake agreement with Rubicon Carbon, marking the first time Rubicon will feature DAC credits in its...
Occidental and ADNOC’s investment arm, XRG, have signed a Strategic DAC Framework Agreement to evaluate a joint venture for a large-scale Direct Air Capture (DAC) facility in South Texas. Under...
Climeworks has completed large-scale testing of its Generation 3 Direct Air Capture (DAC) technology, confirming a significant leap in efficiency. Powered by Svante’s structured adsorbents, the system doubles CO₂ capture...
Liverpool Football Club has launched the world’s first carbon-removed football jersey in collaboration with U.S.-based carbon removal firm 1PointFive, marking the 20th anniversary of the club’s iconic 2005 Champions League...
Artio, a climate-focused insurer, has become the first company to receive Lloyd’s coverholder approval to underwrite carbon projects at the earliest stage—before implementation begins. This pioneering move enables investment in...
Occidental (Oxy) has acquired Holocene, a Tennessee-based direct air capture (DAC) startup, in a strategic move to consolidate and scale its carbon removal operations. The financial terms were not disclosed,...
Occidental Petroleum’s carbon capture unit, 1PointFive, secured critical EPA permits to sequester CO₂ underground from its direct air capture (DAC) facility, Stratos, located in Ector County, Texas. The permits were...
The cement industry accounts for roughly 8% of global CO2 emissions. NeoCarbon’s carbon-curing technology could help significantly reduce this footprint. The breakthrough: NeoCarbon, a startup specializing in DAC solutions, has...
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