In a deployment update, CarbonCapture CEO Adrian Corless said the company had paused development efforts on its Project Bison direct air capture project.
“Among other critical external issues, we’ve seen growing competition for clean power amongst industries that are emerging much faster than anybody would have ever predicted,” he said in the statement. “This has acutely affected our efforts in Wyoming, and as a result, we’ve decided to pause our development of Project Bison and to relocate the deployment of our first-of-a-kind (FOAK) project outside the state.”
CarbonCapture had partnered with Frontier Carbon Solutions for storage at the project. The company expects to announce a new location for the project soon.