Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Carbon Removal

Direct air capture.
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.

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
Carbon Removal

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.

EPA Workers Wrote an Anonymous Letter to America

AM Briefing: A Letter from EPA Staff

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

Yellow
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%.

Keep reading...Show less
Carbon Removal

The Government’s Carbon Removal Team Has Been Hollowed Out

Widespread federal layoffs bring even more uncertainty to the DAC hubs program.

Direct air capture.
<p>Heatmap Illustration/Getty Images</p>

Grant Faber suspected his short tenure as the program manager for the Department of Energy’s direct air capture hubs initiative was up when he saw an article circulating that the department was set to terminate up to 2,000 employees — generally those who were new to their jobs. When he hadn’t received any news by the end of the day on Thursday, February 13, he told me he felt a sense of “anticipatory survivor’s guilt.” But it wouldn’t last long.

“I woke up Friday morning and I was locked out of all my systems, and I had to get my termination letter emailed to my personal email address,” Faber told me. “It more or less just said it’s in the public interest to do away with your job.”

Keep reading...Show less