![]() ![]() In doing so, Occidental has become one of the most promising players in carbon capture. Similar to its peers in the oil and gas sector, it’s looking to progress towards a clean energy future. Occidental Petroleum is one of the biggest shale players in the North American region. Additionally, it plans to secure contracts covering 10 million tons per year by 2025. ![]() Moreover, the company has identified over 700 emitters across Europe. The Big Catch can capture over 400,000 tons of carbon dioxide per year, while the Just Catch has a capacity of 40,000 to 100,000 tons per year.ĪCC focuses on the lucrative northern European market but will soon expand to the North American region. The company has two main products, including the Big Catch and Just Catch. Aker Horizons, a “ planet-positive” investment firm, owns a majority stake in ACC and provides core project finances to produce ACC’s products. The firm spun off from Aker Solutions, a leading energy services enterprise, both of which are part of the Norwegian industrial giant Aker Group, which trades on the Oslo Stock Exchange. Source: Vitalii Vodolazskyi / Īker Carbon Capture is a carbon capture pure-play with its mission in “ enabling emission-free industries and energy solutions through carbon capture.” Aker Carbon Capture ASA (OTCMKTS: AKCCF).Having said that, let’s look at some of the most promising carbon capture stocks in the market. Moreover, the top two economies in China and the U.S. The market is expected to grow from $2 billion to a whopping $7 billion by 2028, representing 19.5% growth. Typically, the carbon is captured from large point sources, including fuel combustion, chemical plants, and other industries. With multiple world governments looking to produce 100% carbon-free electricity, carbon capture stocks can prove to be highly lucrative investments down the road.ĬCS involves capturing carbon dioxide from various processes and using it as a resource or storing it deep underground. Carbon capture stocks are incredibly pertinent considering how coal-fired power stations continue to play a major role in the energy sector. Carbon capture and storage (CCS) is one of the technologies which could remove carbon dioxide emissions immediately from the atmosphere.
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