Carbon Capture and Removal News

Carbon capture, removal, storage and utilisation, latest news and background information for CCS and CDR #cdr #ccs

[Carbon Capture and Removal News @CaptureLatest]

📅 17-18 March | 📍 New York University
The 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗶𝗿𝗲𝗰𝘁 𝗔𝗶𝗿 𝗖𝗮𝗽𝘁𝘂𝗿𝗲 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 brings together leaders from policy, finance, technology & industry to discuss the future of CO₂ removal #DAC https://t.co/c8hvdTsLfP VIA @DACCoalition @C2ES_org

[Carbon Capture and Removal News @CaptureLatest]

📅 26th February, 4:00 PM EST
🖥️ @GlobalCCS Webinar

𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗖𝗖𝗦 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀 & 𝗖𝗼𝘀𝘁𝘀

Insights on CCS deployment, cost trends & tech readiness, plus expert Q&A

https://t.co/HbZSCAYNbH

[Carbon Capture and Removal News @CaptureLatest]

📅 March 5-6
📍 London 🇬🇧
The @EFWConference gathers 500+ 𝘄𝗮𝘀𝘁𝗲-𝘁𝗼-𝗲𝗻𝗲𝗿𝗴𝘆 professionals to discuss net zero, the circular economy, and industry trends 🔗 https://t.co/bKkX5oVcsX

[CO₂RE - The Greenhouse Gas Removal Hub @CO2REhub]

What's the role of CO2 removal in getting to net zero? Find out in this seminar from our Exec Director @stv_smth & James Mwangi next week. Join us online at 12pm on Weds 19 Feb. Everyone welcome! Registration link below.⬇️ @Grantham_IC @Undaunted_HQ

[cdr.fyi @cdr_fyi]

🌍 Keep Calm and Remove On: https://t.co/5DYVuAVJ64 2024 Year in Review 🌍

📊 The https://t.co/5DYVuAVJ64 2024 Year in Review is now out, in which we analyze the major trends in the durable carbon removal market.

Here are some key highlights:
📈 Durable CDR purchases grew 78% to nearly 8 million tonnes from 2023
🚚 Deliveries went up by 120% to 318.6K tonnes, with biochar representing 86% of volume
🌳 BECCS was the top method by sales, with the top 3 deals in equalling 4.8M tonnes
💸 DACCS companies raised $369M, while BiCRS came a close second with $203M investment
💲The weighted average price per tonne decreased to $320
📉 No. of unique purchasers only grew by 7% to 216

📊 Read our blog post here to learn more: https://t.co/RJBvwzHgmf

✅ The blog post is an abridged version of the full report which contains detailed analysis across Suppliers, Purchasers, and Methods, exclusive to https://t.co/5DYVuAVJ64 Data Partners and and Platform Subscribers. For access to the full report and further information, kindly contact us at [email protected].

[Eve Tamme @EveTamme]

Will 2025 be the breakthrough year for #CarbonCapture?

What we're expecting in 2025 (global take):

• The focus switches from discussing the increased project pipeline to Final Investment Decisions (FIDs). These will break records with 500 projects globally working towards FIDs in 2025.

• The operational capacity of stored CO2 sees the largest annual increase to date (from 94 Mtpa to 120 Mtpa).

• Governments keep boosting incentives - subsidies, tax credits, and contracts for difference (CfDs).

• With over 600 companies involved in at least one CCUS project in the planning or operational development stages, strategic partnerships should proliferate, bolstering experience, skillsets and access to capital.

• A growing number of companies have their own #CCUS targets. 2025 will show how well on track they will be to deliver.

• Cross-border CO2 transport deals proliferate. Following the first wave of agreements signed in Europe, Japan and South Korea are expected to lead the charge in Asia in 2025 with export deals for storage with Malaysia, Indonesia and Australia.

Read @WoodMackenzie's take here:
https://t.co/if1STi5MER

Looking forward to another year of success for these crucial climate technologies.

Meanwhile, follow our work at Zero Emissions Platform @EUCarbonCapture - the knowledge hub on industrial #CarbonManagement in Brussels.

[Carbon Capture and Removal News @CaptureLatest]

The UN methane leakage detection system issued 1225 alerts in one year.

Emitters took action 15 times.
https://t.co/6gMJpPOrsG
Via @newscientist @jamesNESW #GlobalWarming #climatechange

[Carbon Gap @CarbonGap]

Compensation, contribution, procurement... oh my!

Currently, the leading use of carbon dioxide removal (CDR) is in the voluntary carbon markets as a means of compensating for emissions.

𝐁𝐮𝐭 𝐭𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨 𝐦𝐚𝐧𝐲 𝐦𝐨𝐫𝐞 𝐮𝐬𝐞𝐬 𝐟𝐨𝐫 𝐜𝐚𝐫𝐛𝐨𝐧 𝐫𝐞𝐦𝐨𝐯𝐚𝐥.

So we spent some time reviewing them all and came up with this overview👇 What CDR is used for (left) is grouped by how it is achieved (right). The relative widths are based on estimates of how much CDR could be deliverable by that use case from now until 2050.

For a more thorough examination current CDR uses and what policy should be used to increase the market, see our recent publication 👉 https://t.co/9Wtoo8jj6m

#carbonremoval #cdr #eupolicy

[Carbon Capture and Removal News @CaptureLatest]

Decarbonizing the concrete industry.
What role for CCS?

https://t.co/CGnca7WZz3

Via @YaleE360

[Carbon Capture and Removal News @CaptureLatest]

Latest report from @GlobalCCS mentions notable progress in 628 CCS projects, a 60% year-on-year increase.
Collaboration between governments, industries and PPP's is a significant theme, as well as policy advancements helping to streamline CCS projects. https://t.co/t9fz5wd0Mu

[Carbon Gap @CarbonGap]

📢 A call for supporting carbon removals in the next EU mandate

Carbon Gap is joined by 44 other organisations in writing to Climate Commissioner-designate Wopke Hoekstra ahead of his confirmation hearing in the European Parliament urging him to adopt a set of policies to support a sustainable scale-up of carbon dioxide removal (CDR) in the next EU mandate.

Here are our 4 key recommendations:
🎯 Set separate targets for emissions reductions and carbon removals in the revision of the Climate Law
📈 Boost CDR funding to scale up both early- and later-stage technologies
🔎 Provide clarity for buyers of CDR in the Green Claims Directive, strengthening the integrity of climate claims
📋 Create stable demand for carbon removals through a compliance market and long-term policy support

Carbon removals are vital for reaching net zero. With the new European Commission being formed, this is a pivotal moment to ensure carbon removals become a pillar in Europe’s fight against climate change.

Read the full letter here: https://t.co/azDji5t4sX

#carbonremoval #cdr #climatepolicy

[Carbon Capture and Removal News @CaptureLatest]

𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐂𝐚𝐫𝐛𝐨𝐧 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐮𝐦𝐦𝐢𝐭

🗓️Dec 5 , Brussels

ℹ️ Industrial leaders, policymakers & researchers engage in discussions on the future of industrial carbon management in Europe

https://t.co/7fEhc5LoiN
VIA @EUCarbonCapture

[PilotSTRATEGY @PilotSTRATEGY]

Next up in our webinar series is Greece🇬🇷
🗓️Thursday 31 Oct 14:00-15:00 CET🗓️
Register now to learn more about the investigation and prospects of #CCS technology for #climatechange mitigation in West Macedonia
https://t.co/9aC2i8rT0E

[Carbon Capture and Removal News @CaptureLatest]

Researchers at @UCBerkeley create a new material that captures CO₂ from the air with high efficiency and stability.
Made with a porous structure and chemical features that attract CO₂, COF-999 remains effective even in humid conditions.
https://t.co/CYCFhYcTfI

[Carbon Capture and Removal News @CaptureLatest]

A comprehensive review highlighting where carbon capture and storage should be prioritized across U.S. industries to maximize decarbonization impact.

[Jack Andreasen Cavanaugh @AndreasenJack]

NEW ANALYSIS: A US specific industrial CCS ladder

It's includes a temporal element, looking at solutions today vs their role beyond 2050!

Truly first of a kind work from Max Pisciotta, Shelvey Swett, Shrey Patel, Jennifer Wilcox

A little thread
https://t.co/PYuZ3cmc5N

[Carbon Capture and Removal News @CaptureLatest]

U.S. Department of Energy to allocate $518 million for 23 projects across 19 states to build infrastructure for safe, permanent storage of over 50 million metric tons of CO2.
https://t.co/z9bmYGy85v
Via @FECMgov @ENERGY

[Carbon Capture and Removal News @CaptureLatest]

Commissioning of carbon capture facility at @hd_materials Brevik cement plant is set to pave the way for commercial scale CCS In Europe

https://t.co/zPSqtwjNR5

Via @stanleyreed12 @nytimes #ccs

[Carbon Capture and Removal News @CaptureLatest]

UK government commits to £22 billion investment over 25 years to develop @HyNetNW & @EastCluster hubs, supporting blue H2 production and targeting removal of 8.5 million tonnes of CO2 annually.
https://t.co/ci0bMcZg6z
Via @UpstreamOnline
@EastCluster @HyNetNW #ccs #bluehydrogen

[Carbon Capture and Removal News @CaptureLatest]

@NorLightsJV celebrates completion of 𝘄𝗼𝗿𝗹𝗱’𝘀 𝗳𝗶𝗿𝘀𝘁 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗖𝗢𝟮 𝘁𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁 𝗮𝗻𝗱 𝘀𝘁𝗼𝗿𝗮𝗴𝗲 𝘀𝗲𝗿𝘃𝗶𝗰𝗲 in Øygarden, Norway.
The facilities are now ready to receive CO2 from Norwegian and European industry.
https://t.co/BIKcQOs7uW #ccs

[Carbon Capture and Removal News @CaptureLatest]

Enfinium launches UK’s first 𝗲𝗻𝗲𝗿𝗴𝘆-𝗳𝗿𝗼𝗺-𝘄𝗮𝘀𝘁𝗲 #𝗖𝗖𝗦 pilot at its Ferrybridge site.
1 year trial will inform the rollout of CCS across other sites, supporting their plan for 1.2m tonnes of CO2 removal annually by 2030
https://t.co/I1am5P2Wws
VIA @energyvoicenews