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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

Green Car Congress

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Improved liquid hydrogen-powered Corolla and GR86 (carbon-neutral fuel) to participate in Super Taikyu at Autopolis

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The hydrogen-powered Corolla, mobile liquid hydrogen stations, and carbon neutral fuel have evolved in the two months since the Round 2 NAPAC Fuji SUPER TEC 24 Hours Race from 26-28 May. Carbon-neutral fuel. This reduces engine oil dilution and improves reliability and exhaust performance by reducing the burden on the engine.

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Assessing how indirect corporate emissions contribute to businesses’ carbon footprints

Innovation News Network

SINTEF has invested in a new start-up to assess the impact of companies’ corporate emissions on their carbon footprints. The post Assessing how indirect corporate emissions contribute to businesses’ carbon footprints appeared first on Innovation News Network.

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sennder and Cabot Corporation complete one of Europe’s first cross-border transportations using a heavy-duty electric truck

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sennder, Europe’s leading digital road freight forwarder and Cabot Corporation, a leading global specialty chemicals and performance materials company, transported one of Europe’s first zero-emission cross-border heavy duty loads.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. —Leon Topalian, Chair, President and Chief Executive Officer of Nucor Corporation.

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Rio Tinto and Nippon Steel Corporation to cooperate on low-carbon emission steel value chain

Green Car Congress

Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding (MoU) jointly to explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain.