Airbus invests in Carbon Engineering Ltd. to support world's largest direct air carbon capture R and D facility

Airbus invests in Carbon Engineering Ltd., a Canadian-based climate solutions company, operating the largest Direct Air Carbon Capture (DACC) Research and Development facility in the world. The investment will contribute to funding part of Carbon Engineering's advanced direct air capture R and D technologies at the company's Innovation Centre in Squamish, B.C., Canada.

"Carbon Engineering's Direct Air Capture technology provides a scalable, affordable solution to decarbonize aviation," said Daniel Friedmann, CEO, Carbon Engineering. "We are thankful to Airbus for taking action and continuing to lead the way by helping accelerate solutions for the industry and for the climate."

"We are proud to be investing in Carbon Engineering, reaffirming our commitment to the use of direct air carbon capture as a two-fold solution for the decarbonisation of the aviation industry," said Karine Guenan, VP ZEROe Ecosystem, Airbus.

DACC is a high-potential technology that involves capturing CO2 emissions directly from the air using high powered fans. Once removed from the air, the CO2 can be used to produce power-to-liquid Sustainable Aviation Fuel (SAF) that is drop-in compatible with today's aircraft.

As the aviation industry cannot capture all CO2 emissions released into the atmosphere at source, captured atmospheric CO2 can also be safely and permanently stored in geologic reservoirs. This latter carbon removal solution would allow the sector to extract the equivalent amount of emissions from its operations directly from the air, thereby counterbalancing residual emissions.

The investment in Carbon Engineering is a key part of Airbus' global climate strategy, which encourages the development and deployment of direct air capture technology, among a number of technological pathways in support of the aviation industry's decarbonisation ambitions. The transaction is also a key element of Airbus' strategy to grow its contribution to the Canadian economy. Airbus supports the recently-launched Clean Technology Key Industrial Capability in Canada, under the Industrial and Technological Benefits Policy.

For more information on Direct Air Carbon Capture and Storage, click here.

Related Links
Carbon Engineering Ltd
Airbus
Carbon Worlds - where graphite, diamond, amorphous, fullerenes meet

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

New technology creates carbon neutral chemicals out of thin air
Surrey UK (SPX) Nov 14, 2022
It is possible to capture carbon dioxide (CO2) from the surrounding atmosphere and repurpose it into useful chemicals usually made from fossil fuels, according to a study from the University of Surrey. The technology could allow scientists to both capture CO2 and transform it into useful chemicals such as carbon monoxide and synthetic natural gas in one circular process. Dr Melis Duyar, Senior Lecturer of Chemical Engineering at the University of Surrey commented: "Capturing CO2 from the sur ... read more