Reinsurance giant Swiss Re announced Wednesday that it had signed the world’s first long-term agreement to take carbon directly out of the air. The contract with Climeworks AG, one of the world’s leading direct air-capture startups, will net the climate technology company $10 million over 10 years. FULL STORY
Awaiting Annual Capacity Estimates Before Documenting
QatarEnergy signed a Memorandum of Understanding with General Electric to collaborate on developing a carbon capture roadmap for the energy sector in Qatar. The focus of the MoU is to explore the feas
Mitsubishi Heavy Industries, Mitsubishi Power, and Mitsubishi Heavy Industries Engineering have been awarded a Front End Engineering Design (FEED) contract relating to a gas turbine combined cycle (GT
Global Thermostat already has built two pilot facilities, each with the capacity to remove 3,000 to 4,000 metric tons of CO2 per year. ExxonMobil aims to help the company build bigger facilities in mo