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White House forms Climate Innovation Working Group; on the way to ARPA-C

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President Biden has created a new Climate Innovation Working Group as part of the National Climate Task Force to advance his commitment to launching an Advanced Research Projects Agency-Climate (ARPA-C).

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DOE announces $18.6M to support production of low-carbon biofuels and bioproducts

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million in funding to eight university and industry projects to develop biomass feedstocks to produce affordable biofuels and bioproducts that reduce greenhouse gas (GHG) emissions. To meet the growing demand for SAFs and other low-carbon biofuels, affordable feedstocks sources must be developed. 4,551,944 . 4,551,944

Carbon 170
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Pilot Project Sends Kelp–and Carbon–to the Seafloor

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At daybreak, the cranks pull the ring back up to the surface to soak up sunlight and carbon dioxide. The Climate Foundation , the Seattle-based company behind the project, has found that this deep cycling makes kelp grow three times as fast as it can when kept in shallow waters, as seaweed farmers do now.

Carbon 117
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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. —Steve Oldham, CEO of CE.

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Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

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Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

Carbon 221
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Swedish Energy Agency awards climate-neutral methanol project €30M; Project AIR

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The project is being carried out by the Swedish chemical group Perstorp in cooperation with partners Uniper (Germany) and Fortum (Finland), and the aim is to reduce carbon emissions by up to half million tons annually. If completed, Project AIR will reduce greenhouse gas emissions by up to 500,000 tons annually.

Climate 284
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ATI FlyZero project finds green liquid hydrogen most viable zero-carbon emission fuel for aircraft

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FlyZero is the UK’s Aerospace Technology Institute (ATI) project aiming to realize zero-carbon emission commercial aviation by 2030. Funded by the Department for Business, Energy and Industrial Strategy, the project FlyZero began in early 2021 as an intensive research project investigating zero-carbon emission commercial flight.

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