A list of every direct air capture (DAC) company in the world
Or at least all the ones I could find as of January 2024.
Are you looking for a job at a direct air capture (DAC) company? Or perhaps are you looking to invest in or purchase carbon dioxide from one? Or maybe you are doing some industry analysis?
To help with these goals and more, I created a list of every direct air capture (DAC) company in the world as of January 2024.
DAC technology developers are listed on the first tab, project developers are listed on the second, sources are listed on the third, and some light analysis is shown in the final tab.
This list does not include offset marketplaces, credit/offset resellers, testing centers, companies engaging in biological capture, pure-play point-source capture companies, pure-play sequestration/mineralization companies, research or student groups, university labs or centers, national labs, or other governmental entities. Companies developing DAC only as a subprocess of larger systems—usually focused on the production of a low-carbon product—are included.
The analysis on the final tab examines how annual capture volumes might be distributed among surviving DAC companies for them to collectively capture 1 gigaton of carbon dioxide per year. It assumes capture volumes are distributed according to Zipf’s law, which has been used to model the distribution of firm sizes.
The model finds that the largest DAC company may have to remove 250 million tons per year while the smallest ones may each need to remove somewhere close to 10 million tons per year to collectively achieve 1 gigaton per year. While this model, like all models, is heavily dependent on its assumptions, it shows one possibility for how annual DAC volumes might ultimately be distributed.
There is a low probability that this list is 100% complete or accurate given rapidly changing conditions in the carbon removal industry. If you would like to submit an update request, please use this form.
Hi Grant, it would be amazing if we could add the technology type (solid/liquid sorbent, electrochemical etc) to the list. Should I make a start?
Thanks a lot for this great work ! What would be really interesting to dive a bit more could be to compare your Gigatons analysis with the potential emissions of the whole list from now to 2050 (R&D, Capex, energy etc.). As we compare with VC ROI (75% failure rate), there is no "below zero" impact when thinking about money. While thinking about carbon, the 25% succeeding have to compensate the negative impact of the 75% during 30 years I guess. Any guess ?