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
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
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
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
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