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AirCapture, OCOchem and partners win $2.93M DOE grant for direct air capture of CO2 and conversion to formic acid

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Carbon dioxide capture company AirCapture and carbon dioxide conversion company OCOchem, along with other partners, have won a $2.93-million The formic acid can then be stored, transported, and used directly in many industrial, consumer, transportation, and agricultural industries.

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UC Santa Barbara team develops catalytic molten metals for direct conversion of methane to hydrogen without forming CO2

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The insoluble carbon floats to the surface of the melt, where it can be removed and stored or incorporated into composite materials. Bi 0.73 ) achieved 95% methane conversion at 1065°C in a 1.1-meter Bi 0.73 ) achieved 95% methane conversion at 1065°C in a 1.1-meter Under these conditions, the equilibrium conversion is 98%.

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BNEF: global carbon capture capacity due to rise sixfold by 2030

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By 2030, storing CO 2 deep underground will overtake oil recovery as the primary destination for CO 2 , with 66% of it going to dedicated storage sites. Legislators have recognized this mismatch and are ramping up their support for the industry.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Nissan to launch the “LEAF to Home” V2H power supply system with Nichicon “EV Power Station” in June

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The Nichicon EV Power Station unit enables electricity stored in the lithium-ion batteries onboard a Nissan LEAF to be sent to an ordinary home by connecting the car to the home’s electricity distribution panel with a connector linked to the LEAF’s quick charging port. Conversion efficiency: 90% or more (at rated output). Mass: Approx.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Stored methane could become the “battery” for renewable energy, simultaneously making hydraulic fracturing obsolete, they proposed.

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Velocys’ Bayou Fuels project set to produce negative emission fuels; partnering with Oxy

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a wholly owned subsidiary of Velocys plc, signed an agreement with Oxy Low Carbon Ventures, LLC (OLCV), to capture CO 2 from Velocys’ planned Bayou Fuels biomass-to-fuels project in Natchez, Mississippi, and securely store it underground in a geologic formation. Velocys, Inc., This has a meaningful positive impact on returns.

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