Read the full story in GreenBiz.
A new organization has been formed to connect and mobilize companies engaged in the nascent direct air capture (DAC) sector and build public support for technologies that directly remove carbon dioxide from the air.
The DAC Coalition, which formally launched last week, counts 22 technology companies, as well as a number of investors, philanthropies and universities, among its members.
Setting out its priorities on Twitter, the group said it would be focused on “educating, engaging and mobilizing society to scale direct air capture in a sustainable, equitable and effective way.”
The group includes Climeworks, the Swiss company behind the world’s largest operational DAC facility in Iceland, and Heirloom Capital, the firm which recently clinched $53 million to support the deployment of an ultra-low-cost DAC process that captures and processes CO2 ready for storage in rock form.
Environmental News Bits 