Microsoft announced Thursday that it will purchase 3.6 million carbon removal credits from a C2X-owned biofuel plant in Louisiana. The plant, which is scheduled to begin operations in 2029, will process forestry waste into methanol, which can be used to power ships and aircraft and as a raw material for chemical manufacturing. Overall, the facility…
Boeing has signed a deal with startup Charm Industrial to remove 100,000 metric tons of carbon from the atmosphere. Charm collects agricultural and forestry waste and uses heat to convert it into a product called “bio-oil”, a dirty mixture of hydrocarbons that it injects underground, including into former oil wells. Once captured, Charm can sell…
Google announced this on Thursday Buying 200,000 MT to remove carbon from candlestickA forest restoration company based in Brazil. The project would buy agricultural land in the Amazon and reforest it. The deal was done through Symbiosis AllianceAn advance market commitment that aims to develop a market for nature-based carbon removal plans that is supported…
