Congrats to the team at CO280 for signing one of the largest durable #CDR offtake deals ever! This is exciting news for the #CDR market!
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