Carbon Engineering

Last month, we hosted a live conversation at Ion Houston with Vicki Hollub, CEO of Oxy. Oxy, a century-old oil and gas company with over 12,000 employees and a market cap near $50 billion, has emerged as arguably the early market leader in Direct Air Capture (DAC) through its 1PointFive initiative and 2023 acquisition of Carbon Engineering.  Cody and Vicki cover a lot of ground. Vicki acknowledges climate change and its effects on extreme weather and natural ecosystems, while also stating that Oxy does not view the energy transition as a shift away from oil and gas. Instead, she describes a future where oil and gas exploration could become carbon-negative through advancements in enhanced oil recovery (EOR), a technology that uses CO₂ to extract fossil fuels from otherwise depleted wells. This is a notable interview for MCJ as Vicki is the first oil and gas CEO we've had on the show. We believe it’s important to understand how a company like Oxy, with its significant greenhouse gas emissions footprint, is planning for the future. Listen to the full conversation at the link below.

Curious about the future of carbon removal? Our latest video features Canadian industry leaders, including Paul Needham (Arca), Mike Kelland (Planetary), Vida Gabriel (Ph.D) (TerraFixing), Anya Waite (Ocean Frontier Institute), Bob Vasily (Canadian Wollastonite), Genny Shaw (Gaia Refinery) and Navjot Sandhu (Carbon Engineering), sharing how they’re driving innovation in Canada and beyond. 💡 Watch the full video on YouTube: bit.ly/4gXDpzL #CarbonRemovalCanada #CarbonRemoval #ClimateAction 

#CarbonUnboundWestCoast2024 Gold Partner Announcement 🤝 Carbon Engineering 🧑🔬 We couldn't be more thrilled to welcome Carbon Engineering back as a sponsor—this time for our West Coast Summit in October! After their partnership at Carbon Unbound Europe, we're excited to see them continue leading the charge in carbon removal 🌎 For over a decade, Carbon Engineering's passionate team has been pushing boundaries in the fight against climate change with their revolutionary DAC technology—pulling carbon dioxide straight from the air 🌿. And they're not slowing down! Recently, they expanded their innovation hub in Squamish, British Columbia, with 4.5 new acres dedicated to ramping up their DAC R&D. It's a bold move that shows their commitment to scaling this game-changing tech even further. Check out their plans for the bold new facility here 👉 https://lnkd.in/gW6fsKUD 🔗 Discover how Carbon Engineering is advancing large-scale Direct Air Capture technology at https://lnkd.in/eSw5_q6 🔗 #CarbonUnboundWestCoast2024 #WestCoastSummit #ClimateAction #Sustainability #CarbonRemoval #DirectAirCapture #DACTechnology #ClimateChangeSolutions #CleanTech

The Mission Innovation Carbon Dioxide Removal Mission is pleased to extend its gratitude and celebrate our Silver Sponsor to the #SMARTCDR Competition ➡ Carbon Engineering!   Carbon Engineering (CE) was founded in 2009 with a clear mission – to develop and commercialize a technology that captures carbon dioxide (#CO2) directly out of the atmosphere at large-scale. Today, the first commercial facility to use CE’s technology, which is being developed by 1PointFive, is under construction in #Texas and expected to begin commercial operations in mid-2025. Once fully operational, the facility - named #STRATOS - is expected to be the largest in the world. CE leverages decades of experience in operating within measuring, reporting, and verification systems and regulations for geologic carbon dioxide injection and sequestration. Recognizing the high importance of #MRV for CDR, CE is providing US$10,000 to the #MICDR #SMARTCDR Competition. “Transparent and thorough monitoring, reporting and verification is critical for maintaining confidence in high-integrity carbon dioxide removal solutions, growing the CDR market and scaling technologies to help meet climate goals. Carbon Engineering is proud to support the MI CDR SMART Competition, drawing on our experience in Direct Air Capture development, helping to inspire the next generation of CDR leaders and advancing durable carbon removal.” - Adam Baylin-Stern – Policy and Engagement Lead, Carbon Engineering Thank you CE for your generosity and commitment to sustainability and supporting the workforce of the future! The CDR Mission is proud to partner with you on this important global initiative. More on SMART CDR Competition 👉 https://lnkd.in/ejwBni4U Stay tuned for more inspiring sponsor profiles to come! #DirectAirCapture #DAC #CarbonEngineering #carbondioxideremoval #CDR #NetZero #CDRStudentPrize #climateaction The #SMART Competition is supported by Natural Resources Canada (NRCan) U.S. Department of Energy (DOE) UK Department for Energy Security and Net Zero Saudi Arabia Ministry of Energy Austria Bundesministerium für Klimaschutz, Umwelt, Energie, Mobilität, Innovation & Technologie and Gassnova SF K Powe Evelyne B. Faisal Al Qurooni Matt Antes Jørild Svalestuen Charlotte Powell Kirstin Janocha