California DAC consortium bids for hub funding
The group, which includes Brookfield Renewable and Southern California Gas Company, plans to develop capture and storage network across California
A consortium including US independent oil and gas producer California Resources Corporation (CRC), major clean energy investor Brookfield Renewable and utility Southern California Gas Company is working on plans to develop a network of direct air capture (DAC) and storage hubs across California. The consortium is expected to file an application for funding under the US Department of Energy’s (DoE) $3.5bn Regional DAC Hubs Initiative within the next few weeks. “[California’s] governor Newsom has set the most ambitious targets for California of any state in the nation—and in the world—to rapidly and permanently remove carbon from the atmosphere, and California DAC Hubs will be essential to hel
Also in this section
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way