Redwood Materials secures $1 billion funding to enhance recycling operations across the United States

At Redwood Materials, the recycling startup for batteries and e-waste founded by former Tesla CTO JB Straubel, a groundbreaking announcement was made. The company has successfully closed a $1 billion funding round to expand its operations in the United States. This significant investment will enable Redwood Materials to further its mission of taking spent electric …

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Biden Designates $3.5B for CO2 Removal: Occidental and Climeworks Secure Funding

Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks The U.S. Department of Energy is investing up to $1.2 billion in groundbreaking technology aimed at mitigating global warming. This technology involves large-scale direct air capture (DAC) using giant vacuums that suck carbon out of the atmosphere. Currently, DAC projects have not been …

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US Energy Department allocates $1.2 billion for the construction of two carbon dioxide removal sites in Texas and Louisiana

Energy Secretary Jennifer Granholm has revealed plans to allocate $1.2 billion for the construction of two direct air capture facilities in Texas and Louisiana. The aim is to combat the escalating global climate crisis. (Source: Bonnie Cash/UPI) Aug. 11 (UPI) — The U.S. Department of Energy is set to announce $1.2 billion in climate funding …

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$1.2 Billion Allocated by U.S. Energy Department for Construction of Two Carbon Dioxide Removal Facilities in Texas and Louisiana

Energy Secretary Jennifer Granholm has unveiled a funding initiative to construct two direct air capture facilities in Texas and Louisiana, aimed at combating the global climate crisis. The investment, totaling $1.2 billion, highlights the government’s commitment to reducing carbon dioxide concentrations in the atmosphere. This development comes as part of President Joe Biden’s Bipartisan Infrastructure …

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Biden starts climate policy road trip in pivotal Arizona

U.S. President Joe Biden is set to embark on a special journey to a significant state in the 2020 election, riding high on a robust economy and a political opponent burdened with multiple indictments. Arizona, a crucial battleground state that played a pivotal role in Biden’s narrow victory over former president Donald Trump, will be …

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