Tech Innovation

Climeworks raises $650 million in largest round for carbon removal startup

Tuesday, April 5, 2022, 7:03 AM MDT

Swiss startup Climeworks AG has raised 600 million francs ($650 million) to scale up its technology that sucks carbon dioxide directly…

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'Nation building' investments in electricity grid needed to reach net zero: Experts

Tuesday, April 5, 2022, 6:12 AM MDT

A price tag in the tens or hundreds of billions of dollars, and a project scope akin to that of…

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Alberta advances six carbon-capture proposals for further study

Friday, April 1, 2022, 7:02 AM MDT

Alberta chose carbon sequestration hubs managed by companies including Enbridge Inc. and Shell for further evaluation as part of the…

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Third federal loan guarantee finalized for N.L.'s troubled Muskrat Falls project

Friday, April 1, 2022, 6:13 AM MDT

Financing has been secured for Ottawa's third loan guarantee propping up a delay-plagued hydro project in Newfoundland and Labrador. The…

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U.S. using Defense Production Act to kick start domestic critical minerals production

Friday, April 1, 2022, 6:11 AM MDT

President Joe Biden brandished one of the biggest weapons in his economic arsenal Thursday in hopes of turning the United…

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Carbon capture tax credit a divisive topic; opinions split over potential benefits

Thursday, March 31, 2022, 6:23 AM MDT

A forthcoming federal tax credit for carbon capture and storage is spurring debate between those who say it will help…

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E.ON, Fortescue in deal to supply green hydrogen to Europe

Wednesday, March 30, 2022, 6:43 AM MDT

German energy giant E.ON SE and a unit of Australia-based Fortescue Metals Group Ltd. plan to supply green hydrogen to…

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Provinces agree on nuclear energy plan for small reactors to reduce emissions

Tuesday, March 29, 2022, 6:08 AM MDT

The governments of Ontario, Saskatchewan, New Brunswick, and Alberta have put forward a nuclear plan they say will move them…

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LG to invest $2 billion boosting output in North America

Wednesday, March 23, 2022, 6:56 AM MDT

LG Energy Solution will invest around $2 billion on increasing output in North America as the South Korean battery maker…

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U.S. in talks with EU to help European supply of LNG and hydrogen

Wednesday, March 23, 2022, 6:50 AM MDT

The European Union and the U.S. are working on an agreement that would aim to ensure a supply of American…

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Saudi Arabia to start building green hydrogen plant

Friday, March 18, 2022, 6:44 AM MDT

Saudi Arabia will start construction of a green hydrogen plant as soon as this month as it pushes ahead with…

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Germany weighs Norway hydrogen pipeline to avoid Russian energy

Thursday, March 17, 2022, 7 AM MDT

Germany and Norway are considering building a hydrogen pipeline linking the two nations to reduce Europe’s dependence on Russian energy…

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