Tech giants back Australia’s first solar-powered carbon capture project

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Tech giants back Australia’s first solar-powered carbon capture project
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The world’s biggest tech companies, including Meta and Google, have backed an Australian-designed carbon-trapping device the size of a two-man tent.

A solar-powered carbon dioxide-trapping device about the size of a two-man tent has secured a $700,000 deal from the world’s tech giants to draw 500 tonnes of carbon from the atmosphere by 2027.

Stripe’s Frontier project brought together Meta, Alphabet , Shopify and McKinsey & Company to create a US$925 million fund for backing carbon removal technology. Solar panels inbuilt into the machines power both stages of the carbon capture. Fans draw air into the modules, which strip out C02. Once the sponges are saturated, they’re heated, which releases the C02. AspiraDAC would then compress the gas and pump it deep underground at a suitable site, such as a drained oil reservoir.

Climeworks’ Orca direct air capture project in Iceland can capture 4000 tonnes of carbon dioxide per year.Direct air capture differs from point source capture, which refers to projects that catch emissions directly from a carbon-emitting project such as a coal-fired power plant.

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