Carbon dioxide removal

IDTechEx Release New Global Carbon Dioxide Removal Market Report

Retrieved on: 
Thursday, April 25, 2024
Carbon, BECCS, Mineral, Economics, CDR, Water, TRL, Attention, Biomass, Seaweed, Carbon dioxide removal, Players

BOSTON , April 25, 2024 /PRNewswire/ -- IDTechEx, a trusted provider of independent market intelligence, announces the availability of a new report, "Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts ".

Key Points: 
  • BOSTON , April 25, 2024 /PRNewswire/ -- IDTechEx, a trusted provider of independent market intelligence, announces the availability of a new report, "Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts ".
  • This new carbon dioxide removal report from IDTechEx offers these interested parties a comprehensive outlook of the emerging CDR industry and carbon credit markets, with an in-depth analysis of the technological, economic, regulatory, and environmental aspects shaping this market.
  • "Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts" covers the following key aspects:
    Carbon dioxide removal technology and market analysis:
    Analysis of the challenges and opportunities in the nascent CDR (carbon dioxide removal) carbon credit markets.
  • Carbon dioxide removal market forecasts and analysis:
    Granular market forecasts until 2044 for durable, engineered CDR solutions, subdivided into nine technological areas.

IDTechEx Release New Global Carbon Dioxide Removal Market Report

Retrieved on: 
Thursday, April 25, 2024
Carbon, BECCS, Mineral, Economics, CDR, Water, TRL, Attention, Biomass, Seaweed, Carbon dioxide removal, Players

BOSTON, April 25, 2024 /PRNewswire/ -- IDTechEx, a trusted provider of independent market intelligence, announces the availability of a new report, "Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts ".

Key Points: 
  • BOSTON, April 25, 2024 /PRNewswire/ -- IDTechEx, a trusted provider of independent market intelligence, announces the availability of a new report, "Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts ".
  • This new carbon dioxide removal report from IDTechEx offers these interested parties a comprehensive outlook of the emerging CDR industry and carbon credit markets, with an in-depth analysis of the technological, economic, regulatory, and environmental aspects shaping this market.
  • "Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts" covers the following key aspects:
    Carbon dioxide removal technology and market analysis:
    Analysis of the challenges and opportunities in the nascent CDR (carbon dioxide removal) carbon credit markets.
  • Carbon dioxide removal market forecasts and analysis:
    Granular market forecasts until 2044 for durable, engineered CDR solutions, subdivided into nine technological areas.

Board and Staff Additions Bolster Vaulted Deep's Expertise and Leadership in Biomass Carbon Removal

Retrieved on: 
Thursday, March 14, 2024
Carbon, Interior, CDR, Executive, Regulatory affairs, SVM, Carbon dioxide removal, Head, Barack Obama, Senior, CO2, Methane, Frontier, Operation, Stanford Law School, Biosolids, Regulation, Law, Renewable energy

HOUSTON, March 14, 2024 /PRNewswire/ -- Former Senior White House Special Assistant for Climate Policy and former CEO of leading organic waste recycler join Vaulted Deep ("Vaulted") Board of Directors. Both David J. Hayes and Steve Cole serve as members of the stand-alone biomass carbon removal and storage (BiCRs) carbon removal (CDR) company as of January 2024 and August 2023, respectively.

Key Points: 
  • Both David J. Hayes and Steve Cole serve as members of the stand-alone biomass carbon removal and storage (BiCRs) carbon removal (CDR) company as of January 2024 and August 2023, respectively.
  • "Vaulted Deep's commitment to delivering high quality CDR, locking up carbon permanently underground is well underway.
  • "David and Steve's expertise and our added staff capacity critically accelerate our efforts to geologically sequester carbon at scale and deliver key environmental co-benefits, while helping solidify the future of carbon removal as an industry."
  • (Vaulted measures and verifies its carbon removals; it does not include methane emissions reductions or other co-benefits in its credit accounting.)

Carbon Dioxide Removals (CDR) Market Set to Surge to $8.1 Billion by 2028: BCC Research

Retrieved on: 
Wednesday, February 28, 2024
Carbon, Atmosphere, Carbon dioxide removal, Growth, Plant, Government, Climate, Climate change, Power, CDR, Tree, CO2, Coal

BOSTON, Feb. 28, 2024 /PRNewswire/ -- "According to the latest research study, the demand for Carbon Dioxide Removals (CDR) Market grow  from $370.0 million in 2022 to $8.1 billion in 2028, at a compound annual growth rate (CAGR) of 31.0% during the forecast period." 

Key Points: 
  • The Carbon Dioxide Removals (CDR) market is all about finding ways to reduce the amount of carbon dioxide, or CO2, in the air.
  • Gain valuable insights into the accelerating growth of the Carbon Dioxide Removals (CDR) market.
  • Key Drivers of Carbon Dioxide Removals (CDR) Market:
    Establishment of CDR Mission- The establishment of a CDR (Carbon Dioxide Removal) Mission means that a group or organization has decided to focus on finding ways to remove carbon dioxide from the air.
  • So, the government gives money to help scientists and companies develop new ways to capture and store carbon dioxide.

Black & Veatch’s IgniteX Carbon Dioxide Removal Accelerator Accepting Applications from Innovators

Retrieved on: 
Tuesday, January 30, 2024
Green Technology, Environment, Other Science, Other Technology, Environmental Issues, Building Systems, Environmental Health, Other Construction & Property, Science, Other Natural Resources, Technology, Other Energy, Construction & Property, Utilities, Oil, Gas, Coal, Natural Resources, Energy, Climate Change, Carbon, EPIC, Research, RTI, Black & Veatch, Climate change, RTI International, CDR, Accelerator, DOE, Carbon dioxide removal, DAC, Outline, Prize

Applicants will vie for the opportunity to participate in Black & Veatch’s IgniteX Carbon Dioxide Removal (CDR) Accelerator, a largely virtual, 12-week program in which selected participants partner with Black & Veatch thought leaders and subject matter experts to co-develop, pilot and market their new technology.

Key Points: 
  • Applicants will vie for the opportunity to participate in Black & Veatch’s IgniteX Carbon Dioxide Removal (CDR) Accelerator, a largely virtual, 12-week program in which selected participants partner with Black & Veatch thought leaders and subject matter experts to co-develop, pilot and market their new technology.
  • Along the way they receive mentorship, access to the company’s vast industry network, product testing opportunities, pitch development coaching and investor introductions.
  • Black & Veatch also is teaming up with RTI International – a leading independent research institute – to provide technical and commercialization support to IgniteX program participants.
  • This year’s IgniteX program is looking for innovations that span the critical elements across the entire end-to-end carbon dioxide removal lifecycle in:

Global Thermostat commissions first containerized T-Series system for multi-tonne Direct Air Capture of carbon dioxide

Retrieved on: 
Thursday, February 1, 2024
Carbon, Climate change, Direct air capture, Biomass, Engineering, Biofuel, Food, GHG, CDR, Atmosphere, Pacific Northwest National Laboratory, Energy efficiency, Renewable energy, DOE, CO2, Microalgae, United Nations, Carbon dioxide removal, Nahi, Carbon dioxide, K series, DAC, Drink, PNNL

COMMERCE CITY, Colo., Feb. 1, 2024 /PRNewswire/ -- Global Thermostat today announced it has commissioned the first containerized T-Series system for Direct Air Capture of carbon dioxide, which is designed to remove from tonnes to tens of tonnes per year from the atmosphere and aimed at smaller commercial and pilot applications.

Key Points: 
  • "Many companies are seeking a rapidly deployable, low-footprint, climate-friendly way of obtaining the carbon dioxide they need," said Paul Nahi, CEO of Global Thermostat.
  • "Others are interested in piloting a smaller scale Direct Air Capture solution as they plan higher volume deployments in the future," Nahi added.
  • It can be used in combination with underground storage or mineralization to permanently remove past carbon dioxide emissions.
  • Global Thermostat's patented Direct Air Capture solution consists of high-efficiency fans that pull air through ultra-high surface area contactors where the surface geometry and embedded solid sorbent have been custom-designed to optimize the capture of CO2.

Global Thermostat unveils design with top engineering firms for a Direct Air Capture system that can scale to capture millions of tonnes of carbon dioxide per year

Retrieved on: 
Monday, December 11, 2023
Carbon, Carbon dioxide, Direct air capture, M series, Plastic, Research, Climate change, Engineering, COP28, TVR M series, CO2, CDR, Science, Carbon dioxide removal, Ministry of Energy, United Nations, Atmosphere, GHG, Architecture, Renewable energy, Coal, Nahi

COMMERCE CITY, Colo., Dec. 11, 2023 /PRNewswire/ -- Global Thermostat today unveiled a design for Direct Air Capture machines that can be grouped to capture over 1 million metric tonnes of carbon dioxide per year from the atmosphere, in line with its mission to unlock new, air-based sources of carbon for the global economy and address climate change at a magnitude the latest science makes clear will be required.

Key Points: 
  • This represents a quantum leap in how much carbon dioxide our customers can remove from the atmosphere for their needs.
  • The U.S. Department of Energy awarded funding in 2021 to develop an initial engineering design for a Direct Air Capture carbon dioxide removal system with an annual capacity of at least 100,000 tonnes.
  • The prime contractor partnered with Sargent & Lundy and Global Thermostat to develop the scaled-up design of Global Thermostat's Direct Air Capture technology .
  • "Not only do we have a uniquely cost-advantaged and advanced core Direct Air Capture technology, the M-Series design also allows us to harness economies of scale."

Jet.AI Launches Commercial and Private Aviation Carbon Offset Platform, DynoFlight

Retrieved on: 
Thursday, September 28, 2023
Carbon, Climate, Built environment, API, Aviation, Carbon dioxide removal, Intergovernmental Panel on Climate Change, CDR, Climate change, Atmosphere, Jet, Artificial intelligence, CO2, Aircraft, Bank, Airline, Gasoline

LAS VEGAS, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, announced today the launch of DynoFlight – a simple and credible way to offset emissions from 250 different types of aircraft in a working capital efficient manner. The Company will host a webinar to demo the platform on Friday, Sept. 29 at 10 a.m. PT.

Key Points: 
  • “The DynoFlight platform allows for flight-by-flight carbon removal credit purchases at competitive costs, and we vet the credits for you,” said Mike Winston, Executive Chairman and Founder of Jet.AI.
  • Glanris pulls CO2 and stores it in their patented Biocarbon® biochar.”
    By facilitating the offset of carbon emissions through the purchase of CDR credits, DynoFlight allows aviation businesses a straight-forward way to fund the direct extraction of carbon dioxide from the atmosphere.
  • Most other aviation programs use avoidance or other types of carbon credits which don’t actually remove CO2.
  • Further key capabilities of DynoFlight include the ability to:
    Register CO2 Removal Certificates (“CROCs”) through Puro.earth's carbon removal registry.

Drax Joins World Economic Forum's First Movers Coalition

Retrieved on: 
Tuesday, August 29, 2023
Carbon, Acceleration, Climate, First-mover advantage, U.S. Department of Defense Strategy for Operating in Cyberspace, Carbon dioxide removal, Aviation, Organization, CDR, Bioenergy with carbon capture and storage, Risk, Drax Group, COP26, FMC, Drax, BECCS, United, Renewable energy

MONROE, La., Aug. 29, 2023 /PRNewswire/ -- Drax today announced its membership to the First Movers Coalition (FMC), playing its part in the development of the nascent carbon dioxide removals (CDR) market and working toward becoming a global leader in the potentially trillion-dollar sector.

Key Points: 
  • Led by the World Economic Forum and the U.S. Department of State, the FMC is currently focused on addressing eight hard to abate industries, which are currently responsible for 30% of global emissions, such as shipping and aviation.
  • Drax will join the Carbon Dioxide Removals group, comprised of businesses with commitments to purchase durable and scalable carbon removals from solutions such as Bioenergy with Carbon Capture and Storage (BECCS) , a vital new technology, in which Drax is a pioneer.
  • "We welcome the opportunity to join the World Economic Forum in their efforts developing early markets for innovative technologies like BECCS."
  • "We are thrilled to welcome Drax to the First Movers Coalition and look forward to working alongside the company to drive the acceleration of the global carbon removals market," said Nancy Gillis, Program Head of the First Movers Coalition at the World Economic Forum.

The Global Market for Biochar 2023-2033: Producers, Capacities, Capacity Utilization, Production, Trade, Demand, Applications, and Pricing - ResearchAndMarkets.com

Retrieved on: 
Friday, June 23, 2023
Health, Biotechnology, Carbon, Policy, Construction, Carbon dioxide removal, Microsoft, SWVA, Ink, Market, Cosmetics, Active Intelligence Pte Ltd, NetZero, Agriculture, Stripe, Steel, GT, Shopify, Textile, Polymer

Carbon removal is driving new interest in biochar, with customers including Microsoft, Shopify, and Stripe.

Key Points: 
  • Carbon removal is driving new interest in biochar, with customers including Microsoft, Shopify, and Stripe.
  • The biochar industry has an estimated carbon sequestration potential of up to two gigatons (Gt) of carbon annually.
  • The report provides extensive data on producers, capacities, capacity utilization, production, trade, demand, applications, and pricing.
  • Global market demand for biochar, by market and regions, historical and forecast to 2033.