BECCS

Just ahead of the 2026 F1 season opener, Mercedes-AMG PETRONAS has announced what may be motorsport’s most comprehensive carbon removal investment to date: 7 new CDR projects across 6 different technology pathways, bringing the team’s total portfolio to approximately 18,900 tonnes of CO₂ equivalent. The technologies span the full CDR spectrum: Direct Air Capture (DAC) Biochar Enhanced Rock Weathering (ERW) Ocean Alkalinity Enhancement (OAE) Bioenergy with Carbon Capture and Storage (BECCS) Biomass Storage Projects are located across Brazil, Canada, the US, the UK, Denmark, and India — deliberately overlapping with regions where the F1 circus races. ...

IEA: Carbon Removal Now Captures One-Third of Energy Venture Capital The International Energy Agency’s State of Energy Innovation 2026 report delivers a milestone data point: carbon dioxide removal, alongside nuclear and next-gen geothermal, now accounts for approximately one-third of all energy venture capital investment — up from less than 5% in the late 2010s. Nearly 400 companies have been founded in these emerging sectors over the past decade, with over 60% launched after 2020. ...

Svante Technologies just acquired Carbon Alpha, picking up a BECCS project, a CO₂ pipeline, and a geological storage hub in Western Canada. The deal also brings something rarer: a genuine co-ownership partnership with the Meadow Lake Tribal Council (MLTC), which represents nine First Nations in Saskatchewan. The North Star Project Carbon Alpha’s flagship project installs carbon capture at the existing MLTC Bioenergy Centre, which generates renewable heat and electricity by burning sustainable biomass from a neighbouring sawmill. Phase 1 targets 140,000 tonnes of CO₂ capture per year from the biogenic flue gas. ...

Your daily scan of what’s moving in carbon dioxide removal — markets, policy, science, and the companies building the industry. Quick Numbers Metric Value Source Total CDR market spend $787.7M cdr.fyi Total CDR tonnes sold 44.1M tCO₂ cdr.fyi Delivery rate 2.8% cdr.fyi Active purchasers 1,013 cdr.fyi Active suppliers 721 cdr.fyi Market Tone Bullish demand signals across geographies. Canada launched its biggest demand-side CDR initiative yet, backed by government and major banks. Boeing committed to 40,000 tonnes of durable removals through Carbonfuture. Climeworks chose Calgary for its Canadian HQ and could build its largest plant in Alberta. Meanwhile, the EU locked in its 90% emissions cut target — with a 5% carbon credit provision that explicitly opens the door for CDR. The demand side of the market is growing faster than the supply side can build. ...

Formula 1 teams aren’t usually associated with carbon removal. But Mercedes-AMG PETRONAS just made one of the most diversified CDR investments any sports organization has ever announced. Seven Projects, Six Pathways The team added seven new removal projects covering: Direct Air Capture (DAC) Biomass Storage Bioenergy with Carbon Capture and Storage (BECCS) Biochar Ocean Alkalinity Enhancement (OAE) Enhanced Rock Weathering (ERW) Combined with earlier investments through Frontier and Chestnut Carbon, the total portfolio now covers approximately 18,900 tCO₂e across Brazil, Canada, the US, UK, Denmark, and India. The portfolio is curated by CUR8, a carbon removal marketplace focused on rigorous project evaluation. ...