Americas > CDR buyers’ club signs $40 mln offtake with US DAC startup, buying credits for $650/tonne

CDR buyers’ club signs $40 mln offtake with US DAC startup, buying credits for $650/tonne

Published 20:04 on July 11, 2024  /  Last updated at 20:05 on July 11, 2024  / Joan Pinto /  Americas, US, Voluntary

A climate tech startup on Thursday signed a $40-million offtake agreement with a CO2 removals (CDR) buyers’ group for credits from its first US direct air capture (DAC) facility, which has been operational since May.
A climate tech startup on Thursday signed a $40-million offtake agreement with a CO2 removals (CDR) buyers’ group for credits from its first US direct air capture (DAC) facility, which has been operational since May.


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