Canadian DAC developer inks deal with large bank for 18k credits
A Canadian bank has signed a deal to purchase 18,000 verified direct air capture (DAC) carbon removal (CDR) credits from a Montreal-headquartered project developer, it was announced on Thursday.
Read MoreBrussels to present CO2 infrastructure law in November
The European Commission will present its CO2 transport and infrastructure package in November, a senior EU official has indicated, saying the regulation will remain light in the beginning while providing a long-term vision to support investment in carbon capture and storage (CCS) networks.
Read MoreUS oil companies could be converted to carbon removal obligation, says academic
A fresh lobbying campaign in the US to mandate fossil fuel companies to use carbon removal (CDR) technology may garner support from the oil sector, an academic and sectoral expert told Carbon Pulse this week.
Read MoreIrrigation equipment maker launches biochar reactor in India, among world’s largest
An Indian micro‑irrigation systems provider has commissioned an industrial‑scale biochar facility in the western Indian state of Maharashtra, which it described as its largest to date.
Read MoreClimate infrastructure provider, CDR financier ink one of India’s largest biochar offtake deals
An India‑based climate infrastructure company has signed a multi‑year agreement with a carbon removal (CDR) financier to deliver 180,000 tonnes of biochar removals, in what the partners say is one of the largest long‑term offtake deals of its kind from the South Asian country.
Read MoreOntario close to carbon management framework, tools to scale CDR
Ontario could soon launch a carbon management framework for public consultation, alongside two deployment tools aimed at carbon removal (CDR) and storage rollout.
Read MoreEU should create Carbon Bank to fund removals, says Swedish environment agency
The EU should consider creating a ‘Carbon Bank’ to fund the scale-up of carbon removals (CDR) along with setting a separate deployment target for the nascent technology by 2040, new analysis suggests.
Read MoreLaunch of first commercial DAC system to plug supply crunch at Dutch greenhouses
A developer of modular direct air capture (DAC) technology has partnered with a regional utility in the Netherlands as it aims to provide fossil-free CO2 to a cluster of greenhouses, and guarantee localised delivery for optimal crop growth.
Read MoreUS carbon removal firm receives Japanese investor backing, signs credit deal
A US carbon removal company has secured investment from a Japanese trading firm to expand a facility in Arkansas, while separately signing a credit purchase agreement with a major shipping group, it announced Wednesday.
Read MoreStudy shows biochar carbon credits trade higher with SDG co‑benefits
Buyers in the voluntary carbon market are paying more for biochar carbon credits when they are marketed with Sustainable Development Goal (SDG) co‑benefits, according to a study.
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