Google Signs $10 Million Carbon Capture Deal at Record Low Price! 🌍

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Summary:

  1. Historic Carbon Capture Deal
    Google has inked a $10 million agreement with startup Holocene to capture 100,000 tons of CO2 from the atmosphere. The deal sets a new low price for direct air capture (DAC) at $100 per ton, supported by the US government’s 45Q tax credit.

  2. Innovative DAC Technology
    Holocene’s method involves passing air through a waterfall with amino acids that bind CO2, which is then turned into a solid crystal. This solid is heated to release pure CO2 for storage, a process aiming to capture 100,000 tons of CO2 by the early 2030s.

  3. Funding and Future Goals
    Google is providing upfront funds for the project, with no guaranteed outcomes, reflecting a new approach to supporting the scaling of carbon removal technologies.

Read more at: Data Center Dynamics

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