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Carbon Removal

Climate Tech

The Climate Tech Investor Who Won’t Touch DAC

Especially with carbon capture tax incentives on the verge of disappearing, perhaps At One Ventures founder Tom Chi is onto something.

Yellow
Politics

Carbon Capture May Not Have Been Spared After All

The House budget bill may have kept the 45Q tax credit, but nixing transferability makes it decidedly less useful.

Green
Ideas

The Climeworks Scandal That Wasn’t

Direct air capture isn’t doing everything its advocates promised — yet. That doesn’t make it a scam.

Blue
Rock diggers and the X Prize logo.

And the Winner of Elon Musk’s Carbon Removal XPRIZE Is ...

Congratulations to Mati Carbon, an enhanced rock weathering startup that works with farmers in India.

Yellow
Ron DeSantis.

The Politics of Carbon Capture Are Getting Weirder

The culture wars are threatening one of the few bipartisan areas of climate policy.

Politics

AM Briefing: A Letter from EPA Staff

On environmental justice grants, melting glaciers, and Amazon’s carbon credits

EPA Workers Wrote an Anonymous Letter to America
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Severe thunderstorms are expected across the Mississippi Valley this weekend • Storm Martinho pushed Portugal’s wind power generation to “historic maximums” • It’s 62 degrees Fahrenheit, cloudy, and very quiet at Heathrow Airport outside London, where a large fire at an electricity substation forced the international travel hub to close.

THE TOP FIVE

1. Trump issues executive order to expand critical mineral output

President Trump invoked emergency powers Thursday to expand production of critical minerals and reduce the nation’s reliance on other countries. The executive order relies on the Defense Production Act, which “grants the president powers to ensure the nation’s defense by expanding and expediting the supply of materials and services from the domestic industrial base.”

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Carbon Removal

New Net Zero Standard Leaves Key Carbon Removal Questions Unanswered

The Science Based Targets initiative released long-awaited guidance that doesn’t exactly clarify matters.

A target and carbon removal.
<p>Heatmap Illustration/Getty Images</p>

The carbon removal industry is in a rut.

Last year, companies with climate targets purchased about 8 million tons of future carbon removal — an impressive 78% increase from the year prior, according to the sales tracking site CDR.fyi. And yet 80% of those purchases were made by the same three entities — Microsoft, Google, and Frontier — that have been more or less singlehandedly supporting the industry since its inception. The number of new buyers entering the market declined by 18%.

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