CNN

This company says its technology can help save the world. It’s now cutting 20% of its staff as Trump slashes climate funding

Two huge plants in Iceland operate like giant vacuum cleaners, sucking in air and stripping out planet-heating carbon pollution. This much-hyped climate technology is called direct air capture, and ...
Business Wire

Battelle, Climeworks, Heirloom Carbon, Gulf Coast Sequestration Bid on Direct Air Capture Hub for Department of Energy

COLUMBUS, Ohio--(BUSINESS WIRE)--Battelle and a team of leading technology developers have submitted a proposal to the U.S. Department of Energy (DOE) for funding from the Bipartisan Infrastructure ...
Wall Street Journal

Carbon Capture Startups Face Staff Cuts Amid U.S. Funding Uncertainty

Carbon startups are facing staff cuts amid worries over the Trump administration axing funding in the U.S. Swiss direct air capture startup Climeworks said this week that it was trimming staff due to ...
Yahoo

CO2-removal leader Climeworks says new tech can halve costs, energy use

Add Yahoo as a preferred source to see more of our stories on Google. Nearly a month after opening the world’s largest “direct air capture” plant in Iceland, Climeworks has unveiled a new and ...
CNBC

Occidental and Climeworks big winners as Biden allocates billions for CO2 removal

The U.S. Department of Energy is investing $1.2 billion in giant vacuums that suck carbon out of the air--an effort to slow global warming. The initial funding will create two carbon removal hubs in ...