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  / /  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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.