280 Earth reposted this
🚀 July pole vault to 622k+ tonnes of durable CDR! 📅 We're back with another exciting CDR Monthly Recap, and July was a huge month for the durable carbon removal market! Here are a few highlights from July: 📈 Over 622,000 tonnes of durable CDR sold 🔝 The largest DAC deal to date for 500,000 tonnes 💸 A $40 million offtake agreement for 61,571 tonnes 🇸🇪 EU's approval of Sweden's €3 billion program to support BECCS projects To dive into more detail, read our latest edition of the CDR Monthly Recap here https://lnkd.in/gKuqrU4r which features various CDR actors such as: Microsoft | 1PointFive | Frontier | Carbonfuture | 280 Earth | CarbonCure Technologies | BluSky Carbon | MicroCHAR® | Exomad Green | Patch | Climeworks | Mercedes-AMG PETRONAS Formula One Team | CarbonCapture Inc. | SQUAKE | Climate Vault | Carbon Lockdown | Octavia Carbon | Mangrove Systems | Carbon Capture Scotland | Puro.earth | NetZero | Vesta, PBC | Phlair | Carbon Neutral Initiative | Skytree | 44.01 | Graphyte | Applied Carbon | Cowboy Clean Fuels | CarbonBlue | Yama | Bio-Logical | remove | AirMiners | The OpenAir Collective | Isometric | CDRjobs | Planetary | Carbon Gap | Carbon Direct | Circular Carbon Network and more.
➡ Read the CDR Monthly Recap here: https://www.cdr.fyi/blog/cdr-monthly-recap-july-24 ➡ Read the Q2 Durable CDR Market Update here: https://www.cdr.fyi/blog/2024-q2-durable-cdr-market-update-microsoft-market-maker
It’s not an EU programme though. It’s financed directly by the Swedish 🇸🇪 state. The EU approval was only to check that the system complies with the Union’s state aid rules. :)
💡 Included in our Monthly Recap, we have our latest edition of the CDR Market Trivia - to test as well as hone your knowledge with some of the top facts and insights from the durable CDR market each month. Try now and see how well you score! https://wordwall.net/play/76307/478/702