Expansion comes in response to demand for additional capacity from corporate entities.
Investment in Carbon Engineering will progress technologies that can help Canada realize its economic and environmental goals, while providing low carbon fuels to consumers.
The four finalists of The Sky’s the Limit Challenge will receive up to CAD$2 million to develop their innovative solutions for sustainable aviation fuel Vancouver, B.C.
Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental, and Carbon Engineering Ltd. (CE), a Canadian clean energy company, today announced they are jointly proceeding with the engineering and design of the world’s largest Direct Air Capture (DAC) and sequestration facility.
This funding is the largest investment made into Direct Air Capture – a climate change mitigation technology that captures carbon dioxide directly from the atmosphere.