Carbon Engineering is one of the world’s leading providers of DAC technology
Carbon Engineering hits its stride
Canadian DAC firm has received backing from the aviation sector and is accelerating deployment of its technology through a partnership with Occidental subsidiary 1PointFive, CEO Daniel Friedmann tells Carbon Economist
Canadian company Carbon Engineering is one of the world’s leading providers of direct air capture (DAC) technology. It recently secured multimillion-dollar investments from aircraft manufacturer Airbus and airline Air Canada as interest grows in its solutions. Carbon Economist spoke to CEO Daniel Friedmann about the company’s progress over the last couple of years and the broader outlook for DAC. What do you see as your company’s key accomplishments since our last interview? Daniel Friedmann, Carbon Engineering CEO Friedmann: We have seen significant momentum in past years, including some key milestones. Last year, Airbus pre-purchased
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
