Carbon Capture stories
A trio of New Zealand startups will be honoured in Paris as the mission seeks overseas backers for a sector forecast to top NZ$1 trillion by 2030.
High costs and poor performance are leaving carbon capture less competitive than renewables, with flagship projects missing targets by up to 50%.
Redwood could help New Zealand meet its 2050 net-zero target by storing more carbon than radiata pine on suitable sites.
PepsiCo has launched its third Greenhouse Accelerator Program in Asia Pacific, inviting A/NZ startups to apply for equity-free grants of USD $20,000 and more.
GE Vernova's first Sustainability Report reveals 2023 milestones, including 29 GW new generating capacity, 20 million tons of CO₂ avoided, and 39% emission cuts.
STRYDE has secured 11 new seismic data processing contracts across diverse sectors and six countries since July 2023, indicating a growing influence.
The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.
Swiss carbon removal firm neustark has secured $69 million from Decarbonization Partners and Blume Equity to scale up operations across the globe.
Neustark, a Swiss carbon removal firm, raises USD $69 million led by Decarbonisation Partners and Blume Equity to expand its CO2 capture technology globally.
Aspen Technology has launched its AspenTech Strategic Planning for Sustainability Pathways, an innovative model created to assist carbon capture utilisation and decision-making in sustainability strategies.
Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.
Following a drop in funding, 2024 sees a predicted resurgence in climate tech trends, with clean energy, hydrogen, carbon capture and storage, and alternative proteins earmarked for significant investment growth.
Tata Consultancy Services and Macquarie University launch TCS GoZero Hub, a research centre set to facilitate Australia's shift towards net-zero carbon emissions.
The decarbonisation tech market is set to surge from $1.45tn in 2022 to $4.09tn in 2032, aiming to reduce global emissions and achieve net-zero by 2050.
FedEx pledges to go carbon neutral by 2040, aligning to COP28's mission and investing $2 billion in sustainability efforts.
AVEVA, a global expert in industrial software, has achieved Amazon Web Services (AWS) Energy Competency status.
Allegro Energy has secured AUD $17.5 million in a Series A funding round, led by The Grantham Foundation, to advance its water-based energy storage technology.
Hybrid Anchor, based in Coatbridge, has acquired Edinburgh tech support firm Off Canvas, creating 40 jobs over three years amid its expansion strategy.
Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.
Terra.do, a climate career platform supported by Boundless Earth, launches in Australia aiming to create a global climate workforce of 100 million by 2030.