Canadian company Carbon Engineering ( CE ) has raised $ 68 m in an equity financing round . “The investment by all of these very credible partners demonstrates that this is a technology that works, is proven, is scalable, available and that makes economic sense,” Oldham said. CE has developed a direct current carbon capture technology , and is currently building its first commercial plants , with their locations scheduled to be revealed later this year . The latest technology will be used to accelerate the commercialisation process , as well as improve its Squamish test facility .
Canadian company Carbon Engineering ( CE ) has raised $ 68 m in an equity financing round . CE has developed a direct current carbon capture technology , and is currently building its first commercial plants , with their locations scheduled to be revealed later this year . The latest technology will be used to accelerate the commercialisation process , as well as improve its Squamish test facility .