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Top related persons:
Worley - 1 Jennifer Granholm - 1 Vicki Hollub - 1 Erin Burns - 1 Carbon180 - 1 Burns - 1 Valerie Volcovici - 1 Gerry Doyle - 1
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Handout Texas Louisiana Cypress South Texas Kleberg County , Texas United Arab Emirates United States
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REUTERS - 1 Occidental Petroleum Corp - 1 WASHINGTON - 1 U.S . Department of Energy - 1 Department of Energy - 1 DOE - 1 Battelle - 1 Climeworks Corporation - 1

Search resuls for: "Erin Burns"


2 mentions found


☆ US awards $1.2 billion to Oxy, Climeworks-led carbon air capture hubs
  + stars: | 2023-08-11 | by ( Valerie Volcovici | Thomson Reuters | Valerie Volcovici Covers U.S. Environment | ) www.reuters.com   time to read: +4 min
That includes a $35 million government procurement program for carbon removal credits, and funding for 14 feasibility studies and 5 engineering and design studies for earlier-stage hub projects. Worsening climate change and inadequate efforts to cut emissions have thrust carbon removal into the spotlight. Although most environmental activists acknowledge that carbon removal will be needed for global climate targets to be met, they are concerned companies could use carbon removal development to give fossil fuel companies cover to maintain production, especially in minority and low-income areas. Erin Burns, director of carbon removal advisory firm Carbon180, said the United States is positioning itself as a leader in this technology. "This is the first major federal investment from any country on carbon removal at this level," Burns said.
Persons: Worley, Jennifer Granholm, Vicki Hollub, Erin Burns, Carbon180, Burns, Valerie Volcovici, Gerry Doyle Organizations: Reuters, REUTERS, Occidental Petroleum Corp, WASHINGTON, U.S . Department of Energy, Department of Energy, DOE, Battelle, Climeworks Corporation, Carbon, Inc, South, South Texas DAC, Occidental 1PointFive, Carbon Engineering Ltd, DAC, Energy Department, United Arab, Occidental, Thomson Locations: Handout, Texas, Louisiana, Cypress, South Texas, Kleberg County , Texas, United Arab Emirates, United States
☆ Facing brutal climate math, US bets billions on direct air capture
  + stars: | 2023-04-18 | by ( Susanna Twidale Valerie Volcovici Simon Jessop Peter Henderson | Susanna Twidale | Valerie Volcovici | ) www.reuters.com   time to read: +8 min
[1/4] A view of a computer-rendered image of Climeworks' Mammoth direct air capture plant is seen in this undated handout picture obtained by Reuters, June 28, 2022. Leading the charge, the U.S. government has offered $3.5 billion in grants to build the factories that will capture and permanently store the gas - the largest such effort globally to help halt climate change through Direct Air Capture (DAC) and expanded a tax credit to $180/tonne to bolster the burgeoning technology. The sums involved dwarf funding available in other regions, such as Britain which has pledged up to 100 million pounds ($124 million) for DAC research and development. That compares with $12 billion in federal spending to drive demand for personal and commercial electric vehicles, Boston Consulting Group estimated. Occidental Petroleum has said it is well positioned for federal grants for what could be the biggest Direct Air Capture plants in the world.
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