Tech Giants Back $31M Carbon Removal Deal, Boosting Ocean Alkalinity Enhancement

Tech Giants Back $31M Carbon Removal Deal, Boosting Ocean Alkalinity Enhancement

The recent $31 million carbon removal agreement facilitated by Frontier, involving tech giants and corporations, signals a significant shift in the carbon removal market. This deal, the largest of its kind for Ocean Alkalinity Enhancement (OAE), underscores the growing commitment to scalable, cost-effective carbon removal solutions. Planetary, the Canadian company at the forefront of this… Source

Planetary Signs $31 Million Ocean Carbon Removal Deal with Buyers Including Google, Stripe, H&M

Carbon removal buyer coalition Frontier announced that it has facilitated carbon removal offtake agreements of more than $31 million with Ocean Alkalinity Enhancement (OAE) technology company Planetary, from buyers including  Stripe, Google, Shopify, and McKinsey Sustainability, Autodesk, H&M Group, and Workday. Under the new agreements, Planetary will deliver 115,000 tons of carbon removals between 2026 […]

Planetary’s $31M Deal Could Rebalance Ocean Chemistry

A bold bet on ocean alkalinity enhancement could scale carbon removal while protecting marine ecosystems A New Frontier… The post Planetary’s $31M Deal Could Rebalance Ocean Chemistry appeared first on IMP.NEWS.