The DAC plants Occidental is building have to succeed for that CO2 to be sequestered. Other companies that purchase carbon-removal services budget that into their carbon accounting to meet their ...

The Project 2025 Mandate for Leadership document proposes eliminating the DOE’s Office for Clean Energy Demonstrations, which provides funds for DAC facilities and carbon capture projects, and ...

Occidental Petroleum subsidiary Oxy Low Carbon Ventures has acquired Holocene Climate Corp., Knoxville, Tenn. Holocene holds liquid, low-temperature direct air capture (DAC) technology that ...

Deep Sky received a $40 million grant from Breakthrough Energy, the climate-focused investment firm founded by Bill Gates. According to Reuters, the funds were used to construct the Alpha facility, a ...

Hendrickson at Carbon180 notes that concerns over oil and gas influence are real, but also says DAC has a key role to play in addressing climate change as a public service, backed by government funds.

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Hollub wants DAC for more than just emissions mitigation. As she has done in recent quarterly earnings calls, she advocated for carbon dioxide use in enhanced oil recovery to tap into additional ...

The permits, issued under the Safe Drinking Water Act’s Underground Injection Control program, are the first issued to sequester CO2 from a DAC project, Occidental said in a release Apr. 7. The ...