Entries by carbonfund

Elysian Carbon Management Secures $350M

December 13, 2021 in , /by

Earlier this month, Elysian Carbon Management secured a $350 million investment from EnCap Flatrock Midstream (EFM). Elysian provides integrated, full-service carbon capture and storage solutions across industries and power facilities. The funds will allow Elysian to focus on developing integrated carbon capture and storage solutions. The overall goal is to reduce carbon emissions by at […]

Energy CEO Skeptical of Carbon Capture

December 12, 2021 in , , /by

Francesco Starace, CEO of Enel, a multinational Italian energy firm, isn’t so sure about carbon capture and storage. He suggests that it is not a solution to the climate change crisis. Carbon capture aims to stop CO2 from reaching the atmosphere by keeping it underground in geological formations, but Starace sees it differently. “We have […]