Mitsubishi Electric and VTT of Finland to Develop Technology for Direct Capturing of CO2 from Oceans
MITSUBISHI ELEC UNSP/ADR (MIELY)
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Source: Business Wire
Direct-ocean-capture technology will contribute to nature-positive initiatives TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it signed a memorandum of understanding (MOU) yesterday with VTT Technical Research Centre of Finland Ltd., headquartered in Espoo, Finland and headed by CEO Antti Vasara, to collaborate on the development of key nature-positive technologies, which are initially expected to include direct ocean capture (DOC) technology for the direct removal of CO2 from seawater.Together with VTT, the largest comprehensive research institute in Northern Europe, Mitsubishi Electric aims to develop DOC, one of carbon dioxide removal (CDR) technologies to remove CO2 from oceans, which will help eliminate ocean acidification and thus contribute to carbon neutrality and other nature-positive outcomes. Ocean acidification, which refers to the ongoing decrease in ocean pH due to the absorption of CO2 from the atmosphere, is causing seawat
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