Climeworks’ newest and largest direct air capture and storage plant Mammoth had its groundbreaking in Iceland on June 28, 2022. Climeworks
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The U.S. Department of Energy (DOE) recently announced $1.2-billion to finance two direct air capture projects to be built in Texas and Louisiana. These two sites, when fully operational, aim to pull about two million metric tons of carbon dioxide from the air, or the equivalent of the annual emissions of 70 airplanes, 450,000 gas cars or 220,000 homes. This money is cut out from the overall Regional Direct Air Capture (DAC) Hubs program, for which $3.5-billion overall has been allocated. The DOE has lofty goals for these…
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