BMO banks on carbon credits from Amazon-backed tech firm in net zero drive

The purchase of carbon credits from CarbonCure over five years will represent 5,750 metric tons of carbon dioxide removal and reductions

‘Forests losing ability to take CO2 from the air’

This is as temperatures rise and plants struggle to keep cool and photosynthesise

Equinor and Wintershall Dea link up for large-scale CCS

They plan to transport CO2 from continental Europe and inject and store it in suitable reservoirs on the Norwegian Continental Shelf

‘World first’: Oil giants sign cross-border CO2 transportation and storage deal with Yara

Northern Lights and Yara will transport CO2 captured from an ammonia and fertiliser plant in the Netherlands and permanently store it under the seabed off the coast of Norway

London-based Econic Tech raises £10.4m to turn carbon dioxide into polymers

It will initially serve the polyurethane industry to make foams for insulation and mattresses, protective coatings, sealants and adhesives

Sweden’s Vattenfall reduces carbon footprint of wind power

Its average is now 13 grammes of carbon dioxide per kilowatt hour generated

‘Mammoth’ new facility to suck 36,000 tons of carbon annually from the air in Iceland

Climeworks’ new direct air capture plant will have a nominal carbon dioxide capture capacity of 36,000 tons per year when fully operational, with the aim of removing gigatons of CO2 from the atmosphere each year by 2050

Plans unveiled for carbon capture and storage at Cameron LNG

Carbon dioxide will be captured and permanently stored in saline aquifer using an injection well with a capacity of up to two million tons of CO2 per year

CO2 on Earth hits highest level in human history

That’s according to data, revealing that for the first time, carbon dioxide levels have peaked at 420ppm

Direct air capture start-up Heirloom raises $53m for first major deployment

Heirloom aims to remove one billion tons of CO2 from the atmosphere by 2035