Vancouver-based CO280 has announced a landmark agreement with Microsoft for one of the largest engineered carbon dioxide removal (CDR) purchases to date. Under the deal, Microsoft will buy 3.685 million tonnes of CDR over 12 years from a U.S. pulp and paper mill project. CO280 will retrofit the mill to capture biogenic CO2 emissions for permanent geological storage using SLB Capturi technology.
CEO Jonathan Rhone called the deal a milestone for CO280 and the broader CDR market. The company, backed by B.C.’s Centre for Innovation and Clean Energy, is currently developing over 10 projects across North America.
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