Carbon Catch-up: 'Who pays?' – The economics of carbon capture tech

There are many technological approaches to capturing carbon and we may well need all of them. (Image: Climeworks/Aspiring Materials/NZME)

Ben Moore

Wed, 04 Dec 2024

Investment in New Zealand’s climate-improving technology is expanding rapidly, with 130 companies raising $535 million in capital.Known as cleantech, the sector also generated $291m in revenue over the past two years, according to the 2024 Technology Investment Network (TIN) TIN200 report.Under the umbrella of cleantech are carbon capture and storage (CCS) technologies that help reduce carbon dioxide in the atmosphere, a complex, difficult and expensive problem to solve.Regardless, Oxford University researchers found that to mitigate the...

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Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 9:40am

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