🎉 Congratulations to Carbon Business Council coalition member CO280 on signing a landmark agreement with Microsoft to deliver 3.69 million tonnes of durable carbon removal over 12 years. By leveraging existing pulp and paper mill infrastructure and biomass supply chains, this agreement helps reduce project complexity, cost, and risk, while signaling growing corporate demand for high-integrity, permanent CDR. 📄 Full release: https://lnkd.in/gWYZi7ZJ #CarbonRemoval #NetZero #CDR
It’s a BIG milestone day for CO280 and durable #CDR! We’re honored to announce one of the world’s largest engineered CDR offtake agreements to date – a partnership with Microsoft who will purchase 3.69 million tonnes of CDR over 12 years from our first project at a pulp and paper mill in the US Gulf Coast. We’re incredibly grateful to Microsoft for their trust, collaboration, and leadership! Microsoft’s unwavering commitment to advancing high-quality, permanent carbon removal has propelled the entire industry forward and inspired a generation of entrepreneurs and innovators including CO280. We know our success builds on the foundations laid down by others. We’re proud to stand on those foundations as we scale a 10+ million tonne per year network of efficient, bankable, repeatable CDR projects — built with our pulp and paper partners and supported by a growing ecosystem of technology suppliers, transport and storage developers, project investors, and other communities. Please reach out if you want to learn more about CO280 and check out our open positions to join us on this journey. info@co280.com https://lnkd.in/gtxT9x2T