Colorado-based Global Thermostat has been acquired by Zero Carbon Systems, a direct air capture (DAC) specialist that wants to have a million-tonne scale plant by around 2030.
Prior to its 2030 plans, Zero Carbon Systems hopes to start up a 2,500 tonnes per year demonstration plant in 2025 – 2026, and a 50,000 tonnes per year commercial plant two years later.
David Elenowitz, founder and CEO of Zero Carbon System, said, “This acquisition brings us a giant step closer to having all the pieces in place to achieve highly scalable, low-cost, and low-energy carbon dioxide (CO2) removal at megatonne-plus scale.”
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