carbon removal News from Send2Press Newswire

carbon removal News

News items related to carbon removal as issued by the Send2Press Newswire service on behalf of the noted news source.

US-based Carbon Direct invests €15M ($17.7M) for 7% stake in Calix’s LEILAC business

Wed, 15 Sep 2021, 12:50:03 EDT | From: Calix Limited

SYDNEY, Australia, Sept. 15, 2021 (SEND2PRESS NEWSWIRE) — Multi-award-winning Australian technology company Calix Limited (ASX: CXL) (“Calix” or the “Company”) is pleased to announce global decarbonisation investor Carbon Direct Capital Management has invested €15m for a 6.98% equity stake in Calix subsidiary, the LEILAC Group, which is dedicated to the commercialisation and ongoing development of Calix’s LEILAC CO2 capture technology.

USBI Applauds Biochar Funding from Microsoft’s $1 Billion Climate Innovation Fund

Tue, 23 Feb 2021, 07:30:35 EST | From: United States Biochar Initiative

GOLDEN, Colo., Feb. 23, 2021 (SEND2PRESS NEWSWIRE) — The United States Biochar Initiative (USBI) applauds Microsoft’s funding for three projects that use biochar for atmospheric carbon removal. The three biochar projects were selected from 189 projects that the company evaluated for funding. Microsoft made awards to 15 suppliers, representing more than 1.3 million mt [metric tons] of atmospheric CO2 removals.