Japan's Largest Energy Firm Just Bet on Direct Air Capture
ENEOS Holdings — parent company of Japan’s largest energy firm — has made a strategic investment in AirMyne, a Berkeley, California-based direct air capture startup. And they’re not just writing a check: the two companies have begun a joint technical evaluation with plans to explore industrial integration and project development in the US, Japan, and globally. The Technology AirMyne is developing a liquid solvent-based DAC system designed around three priorities: low energy consumption, supply-chain security, and operational simplicity. That last one matters more than it sounds — many first-generation DAC systems are engineering-intensive to operate, which drives up costs and limits where they can be deployed. ...