Sucking out CO2

Author: EIS Release Date: Aug 22, 2023

Occidental Petroleum and the non-profit Battelle Memorial Institute, backed by $1.2 billion of US government money, aim to suck two million metric tons of CO2 out of the air a year – equivalent to the CO2 created by a million ICE vehicles.

 

Called Project Cypress, the initiative uses Direct Air Capture techniques utilising fans, filters, piping and power to remove CO2 from the air and store it permanently underground,

 

 

 

In addition the US Department of Energy is offering $100 million in matching funds to 19 other DAC hub proposals, with some projects receiving up to $12.5 million. 

 

 

 Chevron, Siemens,  Arizona State University and the University of Kentucky are involved.

 

 

There are about 18 DAC plants in operation worldwide, according to the International Energy Agency, but the largest only captures about 4,000 tons of CO2 a year. 

 

 The DoE  intends to launch a $60 million prize competition for DAC facilities capable of removing between 1,000 and 5,000 tons of  CO2  per year.