Climate engineering

Audubon Companies Awarded Engineering and Design Contract for a Large Scale Carbon Capture and Sequestration (CCS) Project

Retrieved on: 
Tuesday, March 16, 2021

HOUSTON, March 16, 2021 (GLOBE NEWSWIRE) -- Audubon Companies is pleased to announce it was awarded an engineering and design contract for a large scale carbon capture and sequestration (CCS) project.The CCS project will capture carbon dioxide (CO2) emissions from processing facilities to capture and sequester approximately 1.5 million metric tons (MTPA) of CO2 annually from the atmosphere.

Key Points: 
  • HOUSTON, March 16, 2021 (GLOBE NEWSWIRE) -- Audubon Companies is pleased to announce it was awarded an engineering and design contract for a large scale carbon capture and sequestration (CCS) project.The CCS project will capture carbon dioxide (CO2) emissions from processing facilities to capture and sequester approximately 1.5 million metric tons (MTPA) of CO2 annually from the atmosphere.
  • The CCS project will help our client achieve their energy transition targets and aligns with Audubons corporate sustainability initiatives.
  • Audubon Companies is a leading engineering, technical, and management services company supporting the energy, power, infrastructure, and industrial markets.
  • With our commitment to safety and quality, we deliver value-added project solutions, products and services for repeatable project success.

Schlumberger New Energy, Chevron, and Microsoft Collaborate on Carbon Negative Bioenergy

Retrieved on: 
Thursday, March 4, 2021

Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California.

Key Points: 
  • Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California.
  • More than 99% of the carbon from the BECCS process is expected to be captured for permanent storage by injecting carbon dioxide (CO2) underground into nearby deep geologic formations.
  • We are excited to welcome Chevron and Microsoft on this exciting opportunity, as it further demonstrates how we play an enabling role to deploy carbon capture and sequestration solutions at scale, said Ashok Belani, Schlumberger New Energy executive vice president.
  • The bioenergy technology is designed to operate without routine emissions of nitrous oxide, carbon monoxide and particulates from combustion produced by conventional biomass plants.

Carbon Capture Technology Faces a Difficult Few Years, Finds IDTechEx Research

Retrieved on: 
Monday, March 1, 2021

BOSTON, March 1, 2021 /PRNewswire/ -- Carbon capture, utilization, and storage (CCUS), or carbon capture and storage (CCS), is a set of technologies used to strip carbon dioxide from industrial waste gases or directly from the atmosphere.

Key Points: 
  • BOSTON, March 1, 2021 /PRNewswire/ -- Carbon capture, utilization, and storage (CCUS), or carbon capture and storage (CCS), is a set of technologies used to strip carbon dioxide from industrial waste gases or directly from the atmosphere.
  • Over the last decade, the deployment of carbon capture technology has been steadily scaling up, with global carbon capture capacity reaching 40 million tonnes in 2020.
  • The report considers carbon capture, carbon utilization, and carbon storage individually, discussing the technology innovations, key players, and opportunities within each area, alongside a twenty-year forecast for the deployment of carbon capture technology.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

1PointFive Selects Worley for FEED on Milestone Direct Air Capture Facility

Retrieved on: 
Monday, February 22, 2021

Global EPC firm Worley has been awarded the initial engineering phase of 1PointFive's first direct air capture facility, the first commercial scale deployment of Carbon Engineering's direct air capture technology.

Key Points: 
  • Global EPC firm Worley has been awarded the initial engineering phase of 1PointFive's first direct air capture facility, the first commercial scale deployment of Carbon Engineering's direct air capture technology.
  • HOUSTON, Feb. 22, 2021 /PRNewswire/ -- 1PointFive announced today its selection of Worley for the Front End Engineering and Design (FEED) phase of its first direct air capture (DAC) facility in the U.S. Permian BasinDAC 1.
  • This FEED agreement is the first step of an alliance between 1PointFive and Worley.
  • "We partnered with Worley for this historic project because our organizations are like-minded in their vision of sustainability," said 1PointFive Chairman Richard Jackson.

1PointFive Selects Worley for FEED on Milestone Direct Air Capture Facility

Retrieved on: 
Monday, February 22, 2021

Global EPC firm Worley has been awarded the initial engineering phase of 1PointFive's first direct air capture facility, the first commercial scale deployment of Carbon Engineering's direct air capture technology.

Key Points: 
  • Global EPC firm Worley has been awarded the initial engineering phase of 1PointFive's first direct air capture facility, the first commercial scale deployment of Carbon Engineering's direct air capture technology.
  • HOUSTON, Feb. 22, 2021 /PRNewswire/ -- 1PointFive announced today its selection of Worley for the Front End Engineering and Design (FEED) phase of its first direct air capture (DAC) facility in the U.S. Permian BasinDAC 1.
  • This FEED agreement is the first step of an alliance between 1PointFive and Worley.
  • "We partnered with Worley for this historic project because our organizations are like-minded in their vision of sustainability," said 1PointFive Chairman Richard Jackson.

Chevron Invests in Carbon Capture and Utilization Startup

Retrieved on: 
Thursday, January 14, 2021

Chevron Corporation (NYSE: CVX) today announced a Series C investment in San Jose-based Blue Planet Systems Corporation (Blue Planet), a startup that manufactures and develops carbonate aggregates and carbon capture technology intended to reduce the carbon intensity of industrial operations.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today announced a Series C investment in San Jose-based Blue Planet Systems Corporation (Blue Planet), a startup that manufactures and develops carbonate aggregates and carbon capture technology intended to reduce the carbon intensity of industrial operations.
  • Chevron Technology Ventures ongoing investment in carbon capture and utilization technologies supports Chevrons focus on a diverse portfolio of lower-carbon solutions.
  • Distinct from some other industrial carbon capture and utilization technologies, Blue Planets process does not require CO2 purification and enrichment prior to use which can reduce cost and unit energy consumed during capture.
  • Carbon capture, utilization, and storage, or CCUS, is viewed to be essential to advancing progress toward the global net zero ambition of the Paris Agreement, said Barbara Burger, VP of innovation and president of Technology Ventures at Chevron.

Foundation for Climate Restoration Welcomes Tom Baruch to its Board of Directors

Retrieved on: 
Tuesday, January 5, 2021

WASHINGTON, Jan. 5, 2021 /PRNewswire/ --The Foundation for Climate Restoration (F4CR), a nonprofit dedicated to restoring the climate to pre-industrial levels of CO2, today announced the appointment of Tom Baruch to its Board of Directors.

Key Points: 
  • WASHINGTON, Jan. 5, 2021 /PRNewswire/ --The Foundation for Climate Restoration (F4CR), a nonprofit dedicated to restoring the climate to pre-industrial levels of CO2, today announced the appointment of Tom Baruch to its Board of Directors.
  • "We are humbled and honored by Tom Baruch's choice to join our board," said Rick Parnell, CEO, Foundation for Climate Restoration.
  • "It's time for bold and imaginative solutions to combat the climate crisis," said Tom Baruch, Baruch Future Ventures.
  • The Foundation for Climate Restoration (F4CR) is a nonprofit whose mission is to catalyze action to restore the climate by 2050.

Global Cool Roof Market Outlook 2019-2027: Focus on Thyroid Peroxidase (Thermoplastic), Polyvinyl Chloride (PVC) & Ethylene Propylene Diene Monomer (EPDM) Rubber - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 30, 2020

The "Cool Roof - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Cool Roof - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • According to the report, the Global Cool Roof market accounted for $19.84 billion in 2019 and is expected to reach $36.17 billion by 2027 growing at a CAGR of 7.8% during the forecast period.
  • The Cool Roof Council(s) in the APAC region is very useful platform to coordinate the development of standardisation methods, policy and research into Cool Roofs.
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
    Company profiling with detailed strategies, financials, and recent developments

CEO of Foundation for Climate Restoration and Dean of Thunderbird School of Global Management Applaud Congress' Commitment to Carbon Removal in New $900 Billion Stimulus Package

Retrieved on: 
Monday, December 28, 2020

This excess carbon, known as "legacy CO2," must be drawn down and permanently stored in order to stabilize the climate.

Key Points: 
  • This excess carbon, known as "legacy CO2," must be drawn down and permanently stored in order to stabilize the climate.
  • The fact that Democrats and Republicans came together to support these initiatives demonstrates the growing recognition that carbon dioxide removal is an essential component of our national climate strategy.
  • The other 95% comes from the trillion tons of excess carbon in our atmosphere that has accumulated since the Industrial Revolution.
  • We must safely and permanently remove this excess carbon if we are to restore the climate to a livable state.

2020 Market Study on Global Carbon Capture, Utilization & Storage Technologies - How COVID-19 has Impacted the Industry - ResearchAndMarkets.com

Retrieved on: 
Monday, December 21, 2020

This report provides an analysis of the global market for carbon, capture utilization and storage technologies and current market trends.

Key Points: 
  • This report provides an analysis of the global market for carbon, capture utilization and storage technologies and current market trends.
  • Furthermore, it explains the major drivers and regional dynamics of the global carbon, capture utilization, and storage technology market and current trends within the industry.
  • The global market for carbon, capture utilization, and storage technologies has been analyzed in terms of technologies, source, applications, service, country, and region.
  • The report concludes with detailed profiles of major vendors in the global carbon, capture utilization, and storage technology market.