UPDATE – Firms ink “world’s biggest” BECCS deal worth 2 Mt in removals over five years

Published 05:01 on September 21, 2022  /  Last updated at 08:59 on September 21, 2022  /  Americas, Aviation/CORSIA, EMEA, International, Nature-based, US, Voluntary Market  /  No Comments

Two firms have signed a memorandum of understanding worth 2 million tonnes of CO2 removals from bioenergy capture and storage (BECCS) capacity over a five-year period, which they called the "world's biggest" agreement of its kind.

Updates to include the earliest expected start date for credit issuance.

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