Climeworks bids for three US DAC hubs
Swiss company targets proposed hubs in Louisiana, California and Northern Great Plains under DoE funding programme
Switzerland-based direct air capture (DAC) developer Climeworks has applied to participate in three regional DAC hubs via a US Department of Energy (DoE) funding programme, with proposed locations in Louisiana, California and the northern Great Plains. The company has also set out plans to hire more than 100 staff in the US in the near-term to tap growing demand for its technology. “Political momentum is essential for creating a carbon removal industry at the pace needed to reach global climate goals,” says Christoph Beuttler, chief climate policy officer at Climeworks. “The US is now at the forefront of this, with legislation such as the Bipartisan Infrastructure Law” Beuttler, Climew

Also in this section
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals