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2 days ago | 
carbonherald.com | Sasha Ranevska
RC Technologies, a company focused on capturing and removing atmospheric and point-source CO2 emissions, has announced a financial rebates program for companies interested in carbon dioxide removal (CDR). This financial incentive will provide companies with rebates on verified CDR investments made in partnership with RC Technologies (RCT).
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2 days ago | 
carbonherald.com | Sasha Ranevska
Environmental charity organization Word Forest, in collaboration with researchers from Oxford University, has published a deep dive study on carbon dioxide removal (CDR) approaches, ruling reforestation as the most effective solution that outperforms tech-powered CO2 drawdown.
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2 days ago | 
carbonherald.com | Sasha Ranevska
California-based direct air capture (DAC) developer Aircapture announced that it has raised $50 million in Series A funding to power its further advancement. The successful funding round, led by the Larsen Lam Climate Change Foundation, will allow Aircapture to progress on its track of scaling its cost-effective direct air capture innovation.
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3 days ago | 
carbonherald.com | Sasha Ranevska
Carbon removal developer Southern Energy has picked Monroe Sequestration Partners (MSP), a 50% affiliate of DevvStream, as a trusted partner to handle the storage operations for CO2 captured at its planned Louisiana biofuels plant. The two companies signed a strategic collaboration agreement under which MSP will store carbon dioxide captured at Southern Energy’s biomass-to-methanol and sustainable aviation fuel (SAF) plant, scheduled for construction in Louisiana.
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3 days ago | 
carbonherald.com | Sasha Ranevska
Verde Resources and Ergon Asphalt & Emulsions, two leading names in sustainable road construction solutions, have teamed up to commercialize low-carbon innovations in this industry. Under a new Memorandum of Understanding (MOU), the two companies have agreed to jointly work on advancing novel asphalt products on the market. Verde Resources entered the deal through its wholly owned subsidiary, Verde Renewables.
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3 days ago | 
carbonherald.com | Sasha Ranevska
ClimeFi, a portfolio manager for durable carbon dioxide removal (CDR), announced that it has partnered with the XPRIZE Carbon Removal competition to provide buyers with streamlined access to credits from the winners and finalists in the contest. Through this collaboration, ClimeFi brings to the market a single, diversified portfolio of novel CDR solutions, granting buyers simplified access to the industry’s foremost innovations.
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4 days ago | 
carbonherald.com | Sasha Ranevska
RMI, along with a group of carbon dioxide removal (CDR) stakeholders, civil society representatives, and leading academics, has issued a joint statement in response to the CDR inclusion pathways proposed in the draft version of SBTi’s Corporate Net-Zero Standard v2. Earlier this year, the Science Based Targets initiative (SBTi) released an update to its original Corporate Net-Zero Standard—a guidebook for corporates on how to set science-based net-zero targets within their companies.
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4 days ago | 
carbonherald.com | Sasha Ranevska
This week, five Northern European countries joined forces on boosting carbon dioxide removal (CDR) development in their regions, launching the Nordic Carbon Removal Association (NCRA). The newly launched organization will serve to promote and support carbon removal action in Norway, Sweden, Finland, Denmark, and Iceland.
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5 days ago | 
carbonherald.com | Sasha Ranevska
The Swedish Energy Agency has proposed an extension of the deadline under which companies interested in the country’s reverse auction program for Bioenergy with Carbon Capture and Storage (BECCS) are required to launch geological carbon storage. In a proposal submitted to Swedish Government Offices, the Swedish Energy Agency suggests that companies should be given a timeframe of up to four years after receiving support from the program to begin with carbon storage activities.
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5 days ago | 
carbonherald.com | Sasha Ranevska
CDR.fyi has released an alpha version of nbs.cdr.fyi—a new digital platform for tracking forward forest-based carbon removal agreements. This industry-first tool sheds light on the series of agreements and commitments announced in this decarbonization sector that, up until now, have been challenging to keep track of.
