Two interesting developments in the field of carbon capture:
1. A cost-effective nanomaterial developed at Oregon State University has properties that make it attractive for deployment in coal-fired thermal power plants, cement, and steel and aluminum smelters, to capture CO2 from smokestacks.Â
2. Occidental Petroleum acquires Carbon Engineering for U.S. $1.1 billion with plans to deploy 30 direct-air-capture facilities in Texas, and 70 more elsewhere, each with an annual capacity of 1 megaton of CO2.