XPRIZE CARBON Awarded to a Dirt Simple Carbon Removal Technology

A farmer in India tends to her crops.

Sometimes the Simpler Idea is the Winner. That’s certainly the case with the winner of the XPRIZE CARBON Removal CompetitionWhoch was announced on Wednsday. Mati Carbon Walked Away with the $ 50 Million Grand prize for its enhanced Rock Weathering Program that Locks Carbon in Soils for Thousands of Years. The musk foundation underwrote the … Read more

Carbon Removal Startup Holcene Bough and Gas Giant Occidental

The Occidental Petroleum Headquarters is seen on December 11, 2023 in The Woodlands, Texas.

Occidental has boght Holcene, marking the second direct Air Capture Startup The deal was executed through oxy low carbon ventures, a subsidiary of the oil and gas company, for an undiscLode Amount. Heatmap First reported The news. Holcene Had Been Racing to Advance Its AMINO ACID-Based Carbon Removal Technology Following A $ 10 Million Deal … Read more

Microsoft Inks Massive Carbon Removal Deal Powered by a Paper Mill

Large rolls of fresh paper sit stacked in a warehouse.

Microsoft Announced on Friday that It is Buying 3.7 Million Metric Tons of Carbon Removal Credits form Co280A project development that works with pulp and paper mills. The Purchase Covers 12 years of Emissions from CO280’s First Carbon Capture Project at a Mill on the Gulf Coast. Co280 expects the facility to start capturing co2 … Read more