Anthropic becomes first AI startup to join the Frontier carbon removal coalition
Anthropic has joined the Frontier coalition, which received another $915M in pledges to fund carbon removal projects.
carbon removal
Microsoft’s carbon-removal plans aren’t dead after all
Microsoft is responsible for over 90% of the carbon-removal market, and reports suggested the company was pausing purchases entirely. This new deal should help assuage the fears of CDR startups.
Google and Microsoft-backed Terradot acquires carbon removal competitor
The acquisition could mark the beginning of consolidation in the carbon removal market since removal costs remain higher than buyers would like to pay.
India’s Varaha bags $20M to scale carbon removal from the Global South
Varaha’s fresh funding is part of a $45 million Series B round led by WestBridge Capital.
Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant
Microsoft’s data center ambitions have imperiled its 2030 pledge to remove more carbon than it generates, making carbon removal credits all but necessary.
Boeing has a carbon emissions problem. Startup Charm Industrial is cleaning up.
The deal will see Charm Industrial collect forestry waste and transform it into a bio-oil it buries underground.
Google to buy carbon credits from massive Amazonian reforestation project
The deal is the first selected by the Symbiosis Coalition, an advance market commitment founded to seed the market for nature-based carbon removal.
DACLab says it can remove CO2 using less electricity than many competitors
DACLab repurposed technology originally intended to capture carbon from power plants and other industrial facilities. It says the approach has been key to lowering costs.
Terraton wants to be the McDonald’s of biochar
Terraton sees promise in biochar, but the technology has struggled to scale. The startup thinks a franchise model could be what unlocks biochar’s potential.
Frontier buys $31M worth of antacids for the ocean
The deal will require Planetary to remove 115,000 metric tons of carbon by increasing the alkalinity of water flowing into the sea.