Climeworks AG

Durable CO₂ Removal Carbon Credit Markets Reach US$14 Billion in 2035

With record-breaking carbon credit sales in 2024 and increasing overlap of voluntary and compliance carbon markets, the business case for carbon dioxide removal is growing stronger. IDTechEx forecasts the carbon credit market revenue from durable, engineered carbon dioxide removal technologies will exceed US$14 billion in 2035.

Market Trends in CCUS: How Will the Next Decade Shape Carbon Capture?

Across the globe, over 140 countries have set a net-zero target, with many committed to reaching net-zero CO2 emissions by 2050. This Herculean task will require many emission reduction technologies in tandem - and the groundwork must be laid now. CCUS (carbon capture, utilization, and storage) solutions have been identified as one such vital tool with the ability to decarbonize existing industry assets.

Captura

Captura is a US-based company using electrodialysis direct ocean capture to generate carbon dioxide removal credits. In October 2024, IDTechEx Technology Analyst Eve Pope spoke to CEO Steve Oldham at Smart Energy Week.

Key CCUS insights from Carbon Capture Technology Expo North America

Major CCUS (carbon capture, utilization, and storage) players converged in Houston, Texas, in the last week of June for the 2024 iteration of the Carbon Capture Technology Expo North America. Co-located with the Hydrogen Technology Expo, the event boasted over 8000 attendees and 400 exhibitors - including IDTechEx.

Current Status of Direct Air Carbon Capture and Storage (DACCS)

Innovation map for the current status of DACCS.

Aether Diamonds

Aether Diamonds produces diamonds from carbon dioxide captured by DAC (direct air capture) company Climeworks. In October 2023, IDTechEx Technology Analyst Eve Pope spoke to CTO Anthony Ippolito.

Soletair Power

Soletair Power is a direct air capture (DAC) company based in Finland, whose innovations include integrating DAC units into existing heating, ventilation, and air conditioning (HVAC) systems.