ExxonMobil and Global Thermostat have announced that they have extended their joint development agreement, after 12 months of technical evaluation looking into the feasibility and potential of Global Thermostat’s technology to capture carbon dioxide directly from the air.
The next step is for the two companies to work together to scale up the technology, Kallanish Energy reports.
The work, to date, has shown “promising signs,” said Vijay Swarup, vice president of research and development for ExxonMobil Research and Engineering Co., in a statement.
Direct air capture is recognized as an important took to achieve negative carbon emissions.
Global Thermostat’s carbon-capture system uses proprietary amine-based adsorbents to remove carbon dioxide from the air.
The compounds act as a filter to efficiently capture the carbon dioxide which then be safely stored underground, used to make chemicals, consumer products or construction materials, the companies said.
The two companies had in initially announced the project in June 2019.
Global Thermostat is based in New York City, while ExxonMobil is based in Irving, Texas.