First Movers Coalition targets aluminium and carbon removal as it swells to 50 firms

Microsoft, Salesforce and Google owner Alphabet have pledged to collectively invest $500m in carbon removal technology by 2030, as a flurry of announcements aimed at scaling decarbonisation solutions for emissions-intensive industries were made at the World Economic Forum (WEF) in Davos yesterday. The fresh commitments came under the umbrella of the First Movers Coalition, a … Read more

US presses ahead with plan to invest $3.5bn in four direct air capture hubs

The White House has announced it is to invest $3.5bn in four large-scale direct air capture (DAC) networks, as part of its plans to spur the roll out of the nascent clean technology and put the US on a pathway to reach net zero emissions by mid-century. In a statement late last week, the US … Read more