US startup launches ocean-based CDR project off North Carolina coast in race for sub-$100/t abatement price tag

Published 00:22 on July 18, 2024  /  Last updated at 00:22 on July 18, 2024  /  Americas, Nature-based, US, Voluntary

A US-registered public benefit corporation has initiated an ocean-based CO2 removal (CDR) project off the coast of North Carolina by dumping 8,200 tonnes of olivine sand into the sea, targeting an abatement cost under $100/tonne by 2030.
A US-registered public benefit corporation has initiated an ocean-based CO2 removal (CDR) project off the coast of North Carolina by dumping 8,200 tonnes of olivine sand into the sea, targeting an abatement cost under $100/tonne by 2030.


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