Crescent will work with SAMSUNG E&A and Honeywell on the project.
Direct air capture technologies are technically and financially challenging, but efforts are underway to change that.
From LNG to direct air capture, Chris Ashton, CEO of Worley, said economic incentives aren’t “on a pace and scale that are necessary for us to move things forward.”
Here is a look at some of this week’s renewable energy news, including funding for a direct lithium extraction project in Arkansas.
Methane emissions are falling in parts of the world as companies such as EQT, led by CEO Toby Rice, make strides to reduce emissions in their operations, although the task is not without challenges.
Energy executives from companies such as Cheniere and Woodside are planning for the energy transition—and natural gas as part of it.
OPAL Fuels, which sold tax credits for $11.1 million, indicated that its capex for the Emerald RNG facility is approximately $45 million, according TPH & Co.
International Energy Forum Secretary General Joseph McMonigle says a single, linear pathway to the energy transition is “misguided and an outdated approach.”
SAMSUNG E&A will leverage Honeywell's carbon capture technologies, in particular Honeywell’s advanced solvent carbon capture technology.
A $335 billion investment gap may put 2030 targets toward net-zero ambitions in jeopardy.