If there’s one thing McDonald’s has done for the world, it’s made starting a burger restaurant relatively straightforward. Franchisees buy into the system, and in return they get equipment, marketing, and even an operating manual. Terraton wants to bring that same model to biochar, a technology that turns agricultural waste into a carbon dioxide-sequestering fertilizer. […]
Terraton wants to be the McDonald’s of biochar Read More »
Frontier, the carbon removal clearinghouse founded by Google, Strip, Shopify, and others, announced today that it is buying 115,208 metric tons of carbon removal credits from geoengineering startup Planetary in a deal worth $31.2 million. Where most Frontier deals to date have bought carbon from startups specializing in direct air capture, enhanced weathering, or bioenergy
Frontier buys $31M worth of antacids for the ocean Read More »
Microsoft is building data centers as fast as it can, and that’s killing its carbon balance sheet. Since 2020, its carbon emissions have grown by nearly a quarter, undermining the pledge it made that year to remove more carbon from the atmosphere than it generates by 2030. So Microsoft has been buying massive amounts of
Microsoft is buying tons of carbon removal from Xprize startup Vaulted Deep Read More »
Frontier, the organization backed by Stripe, Google, and Meta, announced Tuesday it is paying startup Arbor Energy to remove 116,000 tons of carbon dioxide by the end of the decade. The deal gives Arbor $41 million to help it build its first commercial-scale power plant in southern Louisiana that will burn waste biomass to generate
Frontier is helping Arbor build a “vegetarian rocket engine” to power data centers Read More »
In the span of a decade, direct air capture technology that draws CO2 out of the atmosphere has gone from wildly expensive to somewhat expensive. Companies like Microsoft, which set a target to eliminate its emissions by 2030, is happy to pay more to get the ball rolling. But smaller companies would still balk at
RepAir Carbon is making carbon removal machines inspired by batteries Read More »
Sometimes the simpler idea is the winner. That’s certainly the case with the winner of the Xprize Carbon Removal competition, which was announced on Wednesday. Mati Carbon walked away with the $50 million grand prize for its enhanced rock weathering program that locks carbon in soils for thousands of years. The Musk Foundation underwrote the
Xprize Carbon awarded to a dirt simple carbon removal technology Read More »
Occidental has bought Holocene, marking the second direct air capture startup the fossil fuel company has bought in two years. The deal was executed through Oxy Low Carbon Ventures, a subsidiary of the oil and gas company, for an undisclosed amount. HeatMap first reported the news. Holocene had been racing to advance its amino acid-based
Carbon removal startup Holocene bought by oil and gas giant Occidental Read More »
Microsoft announced on Friday that it is buying 3.7 million metric tons of carbon removal credits from CO280, a project developer that works with pulp and paper mills. The purchase covers 12 years of emissions from CO280’s first carbon capture project at a mill on the Gulf Coast. CO280 expects the facility to start capturing
Microsoft inks massive carbon removal deal powered by a paper mill Read More »
Nature-based carbon removal startup Chestnut Carbon has raised $160 million in Series B financing, the company told TechCrunch. The startup buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. Carbon credits have become a hot commodity, especially among tech companies looking to offset skyrocketing emissions caused in part
Chestnut Carbon gets $160M to turn old farms into forests Read More »
Microsoft announced Thursday that it’s buying over 7 million tons of carbon credits from Chestnut Carbon. The 25-year deal would enable Chestnut Carbon to reforest 60,000 acres of land across Arkansas, Louisiana, and Texas, Axios reported. Recently, the tech company has struggled to rein in its carbon emissions as AI has driven a surge in
Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon Read More »
