Carbon Mineralization Just Got A Major Boost
44.01 has signed a memorandum of understanding with Sumitomo Corporation and ENEOS Xplora.
The trio is teaming up to advance in-situ mineralization. This is a big step for permanent CO2 storage solutions.
>> In Other News: Japan’s Kawasaki To Build World’s Largest Liquefied Hydrogen Carrier
They plan to demonstrate and commercialize the tech in Japan and internationally. The immediate goal is proving performance in the Middle East by 2030.
Most carbon storage injects CO2 into sandstone. This partnership focuses on igneous rock formations instead.
This approach could unlock massive new storage potential. It expands the types of geology we can use to lock away carbon.
44.01 brings deep expertise here. They specialize in mineralizing CO2 in peridotite, a rock found abundantly in both Japan and the Middle East.
You might know 44.01 from Project Hajar in the UAE. That project with Aircapture won an XPRIZE award last year.
They also have a pilot with Holcim to mineralize CO2 from cement production. They are clearly moving fast to tackle hard-to-abate sectors.
ENEOS Xplora is also active in the space. They recently launched a framework for domestic mineralization in Japan with other key partners.
This collaboration combines heavy industrial power with specialized tech. It is a strong move to scale permanent carbon removal globally.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛫 New US Powerhouse: XCF Global, DevvStream & Southern Merge for SAF Scale ⛏️ Carbon Capture, ‘Rare Earth’ From Coal Among Projects Poised to Get $11.7M in State Grants 🗺️ Ca...
Inside This Issue 🧪 Why Bill Gates Bet $40M on This Carbon Capture Lab ⛏️ Max Power Prepares to Drill Second Natural Hydrogen Well as Program Expands 325 km SW of Lawson Discovery 💰 Trafigura-Back...
Inside This Issue 🚪 Honda Exits Fuel Cell Partnership as Hydrogen Pivots ♻️ A Breakthrough That Turns Exhaust CO2 Into Useful Materials ✈️ FedEx Takes Delivery of SAF at Dallas Fort Worth and New ...
Terradot Acquires Eion to Form Leading Global Enhanced Rock Weathering Carbon Removal Platform
Terradot, an enhanced rock weathering (ERW) carbon removal company, today announced it has agreed to acquire assets of Eion, a U.S.-based ERW company known for pioneering olivine-based deployments ...
Clean Fuels Welcomes Proposed 45Z Rules
WASHINGTON, DC – Today, Clean Fuels Alliance America welcomed Treasury’s proposed rules for the 45Z Clean Fuel Production Credit, issued through the IRS. While the credit has been available since J...
pHathom Technologies Surpasses $12M Committed Capital with Closure of Seed Financing Round
HALIFAX, Nova Scotia -- pHathom Technologies, a climate technology company developing carbon capture solutions for existing coastal bioenergy and industrial facilities, today announced the closing ...
Growing Demand for Hydrogen Creates Opportunities for Appalachian Manufacturers
With abundant natural gas and a ready manufacturing base, Appalachia is positioned to be a leader in blue hydrogen production The hydrogen economy has transitioned to an emerging market. Appalachi...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.