Several entities in the United Arab Emirates announced a decarbonization initiative that will utilize rocks on Tuesday.
The partnership was established between the state-owned Abu Dhabi National Oil Company (ADNOC), the Fujairah Natural Resources Corporation, the UAE sovereign wealth fund’s renewable energy company Masdar and the London-based decarbonization company 44.01. Together, they will remove carbon dioxide from the atmosphere by “mineralizing” it into rock formations in the Emirate of Fujairah, according to a press release.
