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Consortium includes Californian utility Pacific Gas and Electric
US Carbon capture Renewables
Stuart Penson
14 February 2023
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California DAC consortium bids for hub funding

The group, which includes Brookfield Renewable and Southern California Gas Company, plans to develop capture and storage network across California

A consortium including US independent oil and gas producer California Resources Corporation (CRC), major clean energy investor Brookfield Renewable and utility Southern California Gas Company is working on plans to develop a network of direct air capture (DAC) and storage hubs across California. The consortium is expected to file an application for funding under the US Department of Energy’s (DoE) $3.5bn Regional DAC Hubs Initiative within the next few weeks. “[California’s] governor Newsom has set the most ambitious targets for California of any state in the nation—and in the world—to rapidly and permanently remove carbon from the atmosphere, and California DAC Hubs will be essential to hel

Also in this section
China eyes global collaboration on CCUS
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
Nigeria bids to unlock carbon market billions
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30

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