Carbon dioxide removal

New IDTechEx Report Explores the Carbon Dioxide Removal (CDR) Market Potential

Retrieved on: 
Monday, October 10, 2022

BOSTON, Oct. 10, 2022 /PRNewswire/ --The Carbon Dioxide Removal (CDR) sector has experienced growing corporate interest and swift development, with record investments over the past year in technologies that draw carbon dioxide (CO) from the atmosphere.

Key Points: 
  • BOSTON, Oct. 10, 2022 /PRNewswire/ --The Carbon Dioxide Removal (CDR) sector has experienced growing corporate interest and swift development, with record investments over the past year in technologies that draw carbon dioxide (CO) from the atmosphere.
  • The new IDTechEx report, " Carbon Dioxide Removal (CDR) Markets 2023-2040: Technologies, Players, and Forecasts ", analyzes the nascent CDR market, discussing the limitations and potential of Negative Emissions Technologies (NETs) to address climate change.
  • Shedding light on such questions, the latest IDTechEx report explores the diverse array of approaches to carbon removal being developed, from nature-based to engineered solutions, the latter including Direct Air Carbon Capture and Storage (DACCS) and Bioenergy with Carbon Capture and Storage (BECCS).
  • IDTechEx's analysis suggests that, with the proper incentives, the global Carbon Dioxide Removal capacity can exceed the gigatonne scale of CO removal by 2040, with multiple approaches that are modest today gaining significant market share in the coming years.

NAVER Becomes Korea's First Internet Company to Join RE100, Committed to Drive ESG Initiatives

Retrieved on: 
Monday, August 22, 2022

SEONGNAM, South Korea, Aug. 21, 2022 /PRNewswire/ -- NAVER Corporation (KRX: 035420) became the first among Korea's internet companies to join RE100, a global renewable energy initiative to accelerate change towards zero carbon electricity grids.

Key Points: 
  • The largest source of greenhouse gas emissions from NAVER, which amount to 99%, are from energy used in NAVER's office building and its IDC.
  • In addition to RE100, NAVER is planning to join various initiatives dedicated to the environment, a key segment of ESG.
  • NAVER is also the first internet company in Korea to voluntarily manage its Scope 3 emissions, conducting third-party verification to ensure higher accuracy.
  • Founded in 1999, NAVER is Korea's largest Internet company with hundreds of millions of users worldwide.

LG Energy Solution Aims to Achieve RE100 in All Global Production Sites by 2025

Retrieved on: 
Wednesday, August 3, 2022

SEOUL, South Korea, Aug. 2, 2022 /PRNewswire/ --LG Energy Solution (LGES; 373220) announced its plan to achieve RE100 at all of its global production sites by 2025.

Key Points: 
  • SEOUL, South Korea, Aug. 2, 2022 /PRNewswire/ --LG Energy Solution (LGES; 373220) announced its plan to achieve RE100 at all of its global production sites by 2025.
  • The company first plans to achieve RE100 at every global production site by 2025, with its non-manufacturing business sites, such as R&D centers, to follow by 2030.
  • LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems.
  • At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture.

UNIBOARD® INVESTS $250 MILLION TO MODERNIZE AND EXPAND ITS VAL-D'OR PLANT

Retrieved on: 
Tuesday, June 21, 2022

Approximately 190 people will be employed at the plant when the project is completed.

Key Points: 
  • Approximately 190 people will be employed at the plant when the project is completed.
  • "When completed, we will have invested over $350 million in the Val-d'Or plant over the course of three phases, making it the most advanced particleboard plant in North America.
  • "Today's announcement is an important milestone for Uniboard and our operations team,"said James Hogg, President and CEO of Uniboard.
  • Beyond this, Uniboard will enter the market for thin panels, a biocomposite in high demand in the North American market.

VAXA Technologies Introduces Örlö - the World's Most Sustainable Omega-3 Supplement - With the Planet in Mind

Retrieved on: 
Wednesday, June 8, 2022

WILMINGTON, Del., June 8, 2022 /PRNewswire/ -- VAXA Technologies, a biotech firm that is redefining the production of sustainable nutrition, announces a new consumer product portfolio, Örlö Nutrition, that harnesses the full potential of algae through AI optimized growing conditions at its high-tech, Icelandic aquaculture planthouse. Örlö's first consumer products include: Ömega-3, Prenatal DHA and Immunity Boost.

Key Points: 
  • "rl's unique polar-lipid structure provides superior absorption, significantly better than that of fish oil, krill oil and other omega sources."
  • With zero compromise on supplement efficiency and a positive planet impact, rl representsthe world's most sustainable omega-3 supplement.
  • "Every choice has been made with the protection of our planet and its ecosystem in mind.
  • rl is powered by VAXA Technologies and is committed to providing nutrition solutions that don't compromise the health of ecosystems, our planet, or our morals.

Dutch CO2 capture company Carbyon wins prestigious international XPRIZE Milestone Award

Retrieved on: 
Friday, April 22, 2022

EINDHOVEN, the Netherlands, April 22, 2022 /PRNewswire/ -- Carbyon is developing equipment to filter CO2 from the air and store it underground.

Key Points: 
  • EINDHOVEN, the Netherlands, April 22, 2022 /PRNewswire/ -- Carbyon is developing equipment to filter CO2 from the air and store it underground.
  • Today, on Earth Day, the Dutch start-up was named a Milestone Award winner of the XPRIZE for Carbon Removal.
  • This $1 million incentive prize, funded by Elon Musk and the Musk Foundation, is part of the four-year global XPRIZE competition.
  • It is fantastic that three years after the start of our company we are already playing at this level."

Dutch CO2 capture company Carbyon wins prestigious international XPRIZE Milestone Award

Retrieved on: 
Friday, April 22, 2022

EINDHOVEN, the Netherlands, April 22, 2022 /PRNewswire/ -- Carbyon is developing equipment to filter CO2 from the air and store it underground.

Key Points: 
  • EINDHOVEN, the Netherlands, April 22, 2022 /PRNewswire/ -- Carbyon is developing equipment to filter CO2 from the air and store it underground.
  • Today, on Earth Day, the Dutch start-up was named a Milestone Award winner of the XPRIZE for Carbon Removal.
  • This $1 million incentive prize, funded by Elon Musk and the Musk Foundation, is part of the four-year global XPRIZE competition.
  • It is fantastic that three years after the start of our company we are already playing at this level."

Climate Vault Launches Request for Proposal (RFP) to Support Carbon Dioxide Removal Technologies

Retrieved on: 
Wednesday, December 1, 2021

Climate Vault , an award-winning non-profit founded at the University of Chicago, today issued an RFP (Request For Proposal) to identify, assess, and award funds to Carbon Dioxide Removal (CDR) technologies that are helping make net negative emissions possible.

Key Points: 
  • Climate Vault , an award-winning non-profit founded at the University of Chicago, today issued an RFP (Request For Proposal) to identify, assess, and award funds to Carbon Dioxide Removal (CDR) technologies that are helping make net negative emissions possible.
  • As a non-profit, Climate Vault works with donors to reduce carbon emissions through a two-step approach.
  • Then, Climate Vault will use the value of vaulted permits to support breakthrough CDR enterprises to remove carbon from the atmosphere.
  • Climate Vault will then use the value of the permits to support cutting-edge carbon removal technologies to remove pollution already in the atmosphere.

Gravitas Infinitum - A Sustainable Impact Holding Company, Launches World's First "Carbon Negative" Sustainable Green Bond

Retrieved on: 
Thursday, November 11, 2021

NAPLES, Fla., Nov. 11, 2021 /PRNewswire/ -- Gravitas Infinitum, a Sustainable Impact Holding Company, headquartered in Naples, FL, has launched the World's first "Carbon Negative" Sustainable Green Bond.

Key Points: 
  • NAPLES, Fla., Nov. 11, 2021 /PRNewswire/ -- Gravitas Infinitum, a Sustainable Impact Holding Company, headquartered in Naples, FL, has launched the World's first "Carbon Negative" Sustainable Green Bond.
  • Green bonds typically offer 'significantly lower' yields than conventional notes, however this is not the case with Gravitas Infinitum.
  • The Gravitas Infinitum $100,000,000 USD secured bond issuance is the first of a series.
  • Gravitas Infinitum serve as members of the Hot Planet Repair Team.

Planet-first footwear company SOLE™ launches climate accountability initiative CO2negative™ with the world's first Certified Carbon Negative insoles

Retrieved on: 
Thursday, August 26, 2021

With that in mind, SOLE announces their first CO2negative Certified Carbon Negative collection; the Performance footbed collection.

Key Points: 
  • With that in mind, SOLE announces their first CO2negative Certified Carbon Negative collection; the Performance footbed collection.
  • CO2negative accounts for this sequestered carbon when calculating the final impact of products made with natural cork.
  • In this way, consumers can rest easy in the knowledge that supporting any CO2negative Certified Carbon Negative means having the right kind of impact on climate stability.
  • CO2negative provides custom carbon impact labeling and carbon negative certification for brands who are committed to accounting for their impact on the planet.