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Stories Tagged as

Carbon capture

A Warmer World

Big Tech is buying into the early carbon-removal market

by Meghan McCarty Carino
Sep 7, 2023
Microsoft is paying $200 million to a company using crushed rock to absorb carbon, and the Frontier consortium is backing emerging technology.
Investing in emerging environmental technology "signals to consumers or to their customers that this is a company that's a leader, that's ahead of the game," said Daniel Korschun, a marketing professor at Drexel University.
Tim Heitman/Getty Images for BIG3
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Occidental Petroleum makes a $1.1 billion bet on carbon capture technology

by Sabri Ben-Achour and Alex Schroeder
Aug 25, 2023
The giant U.S. oil and gas company is paying over $1 billion for a carbon-capture tech firm.
To make progress against climate change, we'll need to invest in technologies that pull carbon dioxide out of the air, in addition to reducing global greenhouse gas emissions.
Sean Gallup/Getty Images
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Biden administration seeks to boost carbon capture in power plants

by Lily Jamali
May 11, 2023
The goal is to remove 90% of industry emissions by 2035.
Biden's plan calls for power plants that burn coal and natural gas to be outfitted with systems that capture carbon. If released into the atmosphere, the carbon would contribute to climate change.
George Frey/AFP via Getty Images
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A Warmer World

New carbon capture methods offer hopeful outlook for addressing climate change

by Amy Scott and Sarah Leeson
Feb 20, 2023
One startup's method relies on the same natural process that pulls CO2 out of the air to create limestone.
To make progress against climate change, we'll need to invest in technologies that pull carbon dioxide out of the air, in addition to reducing global greenhouse gas emissions.
Sean Gallup/Getty Images
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Carbon capture could help curb climate change. But will anyone foot the bill?

by Travis Bubenik
Nov 5, 2018
Scientists say we have to do something about all the carbon we’re spewing into the air, and fast. A recent United Nations climate study says capturing carbon dioxide — even sucking it from the air — is going to be crucial in the fight against climate change. But once you’ve caught it, where do you […]
The smoke stacks at American Electric Power's Mountaineer coal power plant in New Haven, West Virginia, Oct. 30, 2009. In cooperation with AEP, the French company Alstom unveiled the world's largest carbon capture facility at a coal plant, so called 'clean coal,' which will store around 100,000 metric tonnes of carbon dioxide a year 7,200 feet underground.
SAUL LOEB/AFP/Getty Images
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Marketplace Tech Blogs

Technological advancement got us into this climate mess. Can it get us out?

by Molly Wood
Oct 19, 2018
Short answer? Probably not.
A recent United Nations report warned that global warming is causing rising sea levels and diminished Arctic ice.
Joe Raedle/Getty Images
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Marketplace Tech Blogs

Technological advancement got us into this climate mess. Can it get us out?

by Molly Wood
Oct 19, 2018
Short answer? Probably not.
A recent United Nations report warned that global warming is causing rising sea levels and diminished Arctic ice.
Joe Raedle/Getty Images
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Scientists race toward $7.5 million prize to reduce carbon

by Jed Kim
Apr 12, 2018
The XPRIZE started with 38 teams and is now down to a final 10.
Members of Carbon Upcycling UCLA convert and harden building materials by treating them with carbon dioxide.
Courtesy of UCLA Samueli School of Engineering
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Changing carbon from waste into gold

by Jed Kim
Feb 23, 2017
Could monetizing carbon emissions drive the fight against climate change?
The limestone rocks pictured here were created from carbon dioxide. The raw material costs a few dollars per ton but sells for $70 to $100 a ton once it’s been manufactured.
Jed Kim/Marketplace
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