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ExxonMobil and Global Thermostat in joint development agreement to advance atmospheric carbon capture technology

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ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. These carbon sponges efficiently adsorb CO 2 directly from the atmosphere, smokestacks, or a combination of both.

Carbon 230
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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 130
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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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ExxonMobil & FuelCell Energy pursue novel technology in carbon capture with carbonate fuel cells; initial projected 1/3 cost savings

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are pursuing novel technology in power plant carbon dioxide capture through a new application of carbonate fuel cells. The two companies said the technology could substantially reduce costs and lead to a more economical pathway toward large-scale application globally. Exxon Mobil Corporation and FuelCell Energy, Inc.

Carbon 150
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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

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Without systematic, transformative changes, the US is unlikely to succeed either in averting the worst economic and environmental consequences of climate change or in achieving a secure, affordable and reliable energy supply. A carbon price must surely be a part of any energy transition strategy.

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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

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This clearly shows the positive role America’s existing energy infrastructure can play in creating a sustainable future and fighting climate change. Neste’s renewable feedstock for polymers and chemicals manufacturing can also significantly reduce the carbon footprint of the end products.

Renewable 320
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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.

Climate 218