Carbon removal
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Climate Impact Partners appoints chief growth officer
Yahoo Finance· 2026-02-02 12:08
Group 1 - Climate Impact Partners has appointed Ryan King as its chief growth officer, responsible for the company's go-to-market strategy, brand, demand generation, and solution design [3][7] - King previously served as the chief commercial officer for Undo Carbon, where he led significant carbon credit deals with Microsoft, Barclays, and McLaren [3][4][6] - The hiring of King is seen as a strategic move to signal Climate Impact Partners' growth ambitions and enhance its market presence in the carbon removal space [5][7] Group 2 - Under King's leadership, Undo Carbon secured three carbon removal agreements with Microsoft, including a notable deal to remove 28,900 metric tons of carbon dioxide [6] - Climate Impact Partners connects carbon removal projects with financing and clients, indicating its role in the evolving carbon markets [7]
Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant
TechCrunch· 2025-12-12 19:16
Core Viewpoint - Microsoft is actively investing in carbon removal credits to support its sustainability goals and offset future fossil fuel emissions [1][2] Group 1: Carbon Removal Initiatives - Microsoft announced the purchase of 3.6 million carbon removal credits from a biofuels plant in Louisiana owned by C2X, which will begin operations in 2029 [1] - The Louisiana plant will process forestry waste into methanol, producing over 500,000 metric tons of methanol and capturing about 1 million metric tons of carbon dioxide [1] Group 2: Recent Purchases and Sustainability Goals - In the past year, Microsoft has made several significant carbon removal purchases, including a 4.9 million metric ton deal with Vaulted Deep, a 3.7 million metric ton agreement with CO280, and a 7 million metric ton buy from Chestnut Carbon [2] - The company's rapid expansion of its data center footprint poses challenges to its 2030 pledge to remove more carbon from the atmosphere than it generates [2] - Carbon renewal purchases are part of Microsoft's strategy to offset emissions from its operations, alongside its investments in renewable and nuclear power [2]
Boeing has a carbon emissions problem. Startup Charm Industrial is cleaning up.
TechCrunch· 2025-11-14 17:04
Group 1 - Boeing has signed a deal with startup Charm Industrial to remove 100,000 metric tons of carbon from the atmosphere [1] - Charm collects agricultural and forestry waste to produce "bio-oil," which is injected underground for carbon sequestration [1] - The aviation industry has made little progress in reducing carbon emissions, leading to a search for alternatives like carbon removal [2] Group 2 - By 2050, the aviation industry may need to spend at least $60 billion on carbon offsets to achieve net zero emissions [2] - Charm can also produce biochar, which can enhance soil productivity, although these efforts are still developing [3] - Two years ago, Charm sold 112,000 carbon removal credits for $53 million, aiming to reduce costs to about $50 per metric ton [3]
Carba Announces 5-Year Carbon Removal Credit Purchase Agreement with Microsoft
Newsfile· 2025-05-07 09:24
Core Viewpoint - Carba has entered a 5-year agreement with Microsoft to deliver 44,000 carbon removal credits, utilizing its innovative pyrolysis technology and burial method to effectively remove carbon dioxide and store biochar underground [1][3]. Company Overview - Carba is a carbon removal company based in Minneapolis, Minnesota, specializing in converting waste biomass and organic materials into stable biocarbon for pollution management and permanent carbon dioxide removal [7]. - The company employs a patented autothermal process and an anoxic burial method, which allows for carbon removal credits certified for over 1,000 years [7]. Technology and Methodology - Carba's pyrolysis technology stabilizes carbon from biogenic waste, transforming it into economically valuable biochar with high carbon content [3]. - The biochar will serve as an alternate daily cover in landfills, protecting it from degradation and potentially providing environmental co-benefits, such as reducing odors and remediating pollutants [5][6]. Financial and Operational Aspects - The project received a $7 million grant from the Department of Energy for a Carbon Negative Shot Pilot, indicating strong governmental support for its initiatives [7]. - The methodology used by Carba has been certified by Isometric, ensuring that each credit represents a permanently removed ton of carbon dioxide [7]. Strategic Partnerships - The agreement with Microsoft allows for the exploration of biochar's end-use and its co-benefits, while ensuring a straightforward monitoring and verification process for the carbon credits [6].