News & Intelligence

The U.S. Department of Energy has allocated $500 million to strengthen domestic processing and manufacturing of critical battery materials, aiming to reduce foreign supply chain reliance by 15% by 2030.

HydroGraph Clean Power is urging the U.S. to classify graphene as a critical material to reduce reliance on foreign graphite, highlighting its domestic production capability from hydrocarbon gases.

Researchers at the World Resources Institute report that current global CO₂ removal capacity is insufficient to meet the 2030 target of one billion tonnes, with technologies like Direct Air Capture and biochar facing high costs and scalability challenges. This shortfall impacts the advanced carbon materials sector, as these technologies are crucial for achieving net-negative emissions and supporting the sustainable use of biochar and other carbon-based solutions.

The Government of Québec has announced its Plan de gestion intégrée des ressources énergétiques (PGIRE), committing $87 billion over 25 years to boost renewable energy, including forest bioenergy. This investment could significantly advance the production of renewable natural gas and biocarbon, both critical for decarbonizing industries reliant on carbon-based fuels.

The Government of Himachal Pradesh, in collaboration with Dr Y.S. Parmar University of Horticulture and Forestry and ProClime Services Private Limited, has launched India's first indigenous biochar project in Hamirpur district, aiming to convert forest biomass into biochar to reduce fire risks and generate carbon credits. This initiative is significant for the advanced carbon materials sector as it transforms waste biomass into biochar, a stable carbon-rich material, thereby contributing to carbon sequestration and offering a sustainable model for forest management and rural livelihoods.

India has launched the National Critical Mineral Mission with a budget of 343 billion rupees to boost domestic graphite mining and reduce import dependency by 2031. This initiative is crucial for securing a stable supply of graphite, an essential material for electric vehicle batteries and other clean energy technologies, as India aims to meet its ambitious climate goals.

The Advanced Carbons Council published a position paper in May 2026 arguing that carbon credit financing should be redirected from geological carbon capture and sequestration toward conversion of captured carbon into advanced materials such as graphene, carbon fiber, biochar, and carbon nanotubes. The paper contends that carbon-to-materials conversion projects are commercially self-sustaining without ongoing subsidies, unlike CCS, and deliver compounding lifecycle emissions reductions across sectors including construction, aerospace, agriculture, and energy storage.