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Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

Green Car Congress

Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Earlier post.)

Carbon 150
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Tesla & other companies form EMA to promote electric mobility in Mexico

Teslarati

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Tesla Giga Mexico construction to begin next week: Governor Tesla Giga Mexico will likely help the EMA reach its goals.

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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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CEMEX, Sasol and ENERTRAG partner to turn CO2 from cement plant into Sustainable Aviation Fuel

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Mexico-based global construction materials company CEMEX is partnering with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG to combine CO 2 with hydrogen to produce sustainable aviation fuel. To reach carbon neutrality, these emissions must be captured, stored, or repurposed in some way.

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Xcel Energy launches EV smart charging pilot in Colorado; Transportation Electrification Plan for New Mexico approved

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This is one of the first smart charging projects between an energy company and multiple automakers and I believe represents a major opportunity to help our customers do even more to reduce their carbon footprint. These programs and offerings make up the company’s New Mexico Transportation Electrification Plan.

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Emerson and BayoTech partner to scale production and distribution of low-cost, modular SMRs for hydrogen production

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Global industrial software and technology leader Emerson announced a multi-year strategic framework agreement with BayoTech, a developer of modular steam methane reformers (SMRs) and other hydrogen solutions, to accelerate the delivery of hydrogen around the world.

Low Cost 406
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Baker Institute-led group to develop nationwide protocol for paying ranchers and farmers to store carbon

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Rice’s Baker Institute for Public Policy has initiated a working group to develop a United States protocol for paying ranchers and farmers to store carbon in their soil. The current system for voluntary carbon transactions is broken and needs to be fixed, group founders said. —Kenneth Medlock. —Jim Blackburn.

Store 170