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Brings Direct Air Capture and Storage
Carbon TerraVault Holdings, a consortium of companies involved in the energy space, is pursuing funding from the U.S. Department of Energy (DOE) under its Regional Direct Air Capture (DAC) Hubs initiative to create the California DAC Hub, the state’s full-scale DAC plus storage (DAC+S) network of regional DAC+S hubs. DAC+S can remove and then permanently store atmospheric CO2. The California DAC Hub will also accelerate the commercialization of atmospheric CO2 removal via integrated capture, processing, transport, and secure geologic storage.