CO2-removal leader Climeworks says new tech can halve costs, energy use

Published on June 4, 2024

Nearly a month after opening the world’s largest “direct air capture” plant in Iceland, Climeworks has unveiled a new and purportedly better version of its carbon-sucking technology — one that it plans to deploy for the first time on the U.S. Gulf Coast. On Tuesday, the Swiss company said it had successfully…

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Nuclear fusion startup Xcimer raises $100M to chase laser-based power

June 4, 2024
Xcimer Energy has raised $100 million to turn nuclear fusion, the source of the sun’s immense energy, into a viable way to power our planet’s electrical grid. The Denver-based startup’s ambitious goal is to develop some of the mightiest laser beams on earth in order to unleash the atomic dance of the fusion…

China’s carbon market model can guide emerging economies

June 5, 2024
With its growth pattern and challenges shared by many other nations, China’s carbon-intensity approach is a viable blueprint, writes Chen Zhibin.