Published by Todd Bush on September 14, 2023
LOS ANGELES--(BUSINESS WIRE)-- #Amazon--Leading DAC company CarbonCapture Inc. announces collaboration with Amazon and investment from Amazon's Climate Pledge Fund.
“We’re extremely excited to be backed by a first-class venture investor like Amazon’s Climate Pledge Fund,” said Adrian Corless, CarbonCapture’s CEO and CTO. “Further, we’re looking forward to leveraging our new relationship with Amazon to both democratize access and reduce the long-run cost of producing carbon removal credits.”
Amazon co-founded The Climate Pledge Fund in 2019, committing to reach net-zero carbon by 2040—10 years ahead of the Paris Agreement. The Climate Pledge Fund now has more than 400 signatories, including Best Buy, IBM, Microsoft, PepsiCo, Siemens, Unilever, Verizon, and Visa. Today, the fund has 23 companies and start-ups in its investment portfolio across five countries.
“Amazon's primary focus is to decarbonize our global operations through our transition to renewable energy, building with more sustainable materials and electrifying our delivery fleet, and global logistics. At the same time, we also need to seek every possible avenue to reduce carbon in the atmosphere,” said Kara Hurst, vice president of worldwide sustainability at Amazon. “Our investments in direct air capture complement our emissions reduction plans, and we are excited to support the growth and deployment of the technology.”
CarbonCapture develops and deploys direct air capture (DAC) machines that can be connected in large arrays to remove massive amounts of carbon dioxide from the atmosphere. With a patented modular open systems architecture, the company’s DAC platform allows for plug-and-play upgrades, mass production, unlimited scalability, and rapid technology iterations. CarbonCapture’s systems capture atmospheric carbon dioxide for either permanent removal or for utilization in low-carbon synthetic fuels, concrete, and other industrial products. For more information, please visit CarbonCapture.com and follow @CarbonCaptureUS.
>> In Company Spotlight: CarbonCapture Inc
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💸 Trump Administration Cancels $3.7 Billion in Clean Energy Projects, Ending Ambitious Industrial Decarbonization Efforts 🌊 A New Protocol for Carbon Removal via Direct Ocean Cap...
Inside This Issue ⚡ Energy Department Removes Barriers for American Energy Producers, Unleashing Investment in Domestic Hydrogen 🛳️ MASH Makes Powers First Vessel Trial With Biofuel From a Carbon-...
Inside This Issue 🛢️ Conestoga Energy Completes Drilling of Class VI Carbon Capture & Sequestration Well, Advances Toward EPA Application 🏗️ How Microsoft and Sublime Systems Are Reinventing C...
FedEx Takes Delivery of Sustainable Aviation Fuel (SAF) from Neste at LAX
One-year, over three-million-blended gallon deal marks the first major U.S. SAF deployment by FedEx, building upon years of successful fuel efficiency improvements in its air operations. Shanghai,...
Cancellation of funding agreement for the Lebec Net Zero project by the US Department of Energy The US Department of Energy (DOE)**, Office of Clean Energy Demonstration has notified the US subsid...
Qnergy Sells Carbon Credits to Climate Investment from Landfill Methane Abatement Project in Utah
OGDEN, UT, UNITED STATES, June 3, 2025 -- Qnergy, a leading methane abatement solutions provider to the oil and gas and waste management industries, has successfully completed the sale of high-qual...
CarbonQuest Enters Food & Beverage Industry with On-Site CO2 Capture and Reuse Technology
CarbonQuest’s technology enables customers to recycle and reuse a resilient supply of ISBT beverage-grade CO2 on-site SPOKANE, Wash.--CarbonQuest, a leading distributed carbon capture technology p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.