CarbonCapture pauses Bison DAC project
Developer cites growing competition for clean power as it puts project in Wyoming on hold
Los Angeles-based developer CarbonCapture has paused its flagship Bison direct air capture (DAC) project in Wyoming because of growing competition for renewable power. The company will instead turn its attention to deploying its DAC technology via a first-of-its-kind project in a different state, CarbonCapture’s CEO, Adrian Corless, said. CarbonCapture attributed its decision to pause Bison to intensifying competition for clean power, which had “acutely” affected the 5mt/yr project, Corless said. Among its leading competitors for clean power are data centres and cryptocurrency mining. The rapid growth of these energy-intensive industries had hampered efforts to build out transmission resourc
Also in this section
27 January 2025
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
24 January 2025
Progress on the energy transition has slowed or even stopped, with greater societal engagement we can revitalise it
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition