Published by Todd Bush on March 22, 2023
LOS ANGELES--(BUSINESS WIRE)--CarbonCapture Inc. (CarbonCapture), a U.S. climate tech company that develops direct air capture (DAC) systems based on a groundbreaking modular open systems architecture, today announced an agreement with Microsoft Corp. (Nasdaq: MSFT) (Microsoft) to provide engineered carbon removal credits.
>> In Other News: Windfall Bio Raises $9 Million Seed Funding to Launch First-Ever Methane-to-Organic Fertilizer Solution
“We’re thrilled to help Microsoft move toward its commitment to be carbon negative by 2030 and to remove all of its historic CO2 emissions by 2050,” said Adrian Corless, CEO and CTO, CarbonCapture, Inc. “Validation of CarbonCapture’s scalable approach to DAC from a forward-thinking company like Microsoft is an important signal to the entire market, demonstrating the value of high-quality carbon removal credits.”
CarbonCapture designs and manufactures modular DAC systems that can be deployed in large arrays. Currently, the company is developing Project Bison, a large DAC facility in Wyoming, that will follow a phased rollout plan to capture and store five million tons of atmospheric CO2 per year by 2030. This project is expected to be the first commercial-scale project to utilize Class VI injection wells to permanently store CO2 captured from ambient air using DAC technology and the first massively scalable DAC project in the United States.
>>Read more about CarbonCapture Inc here
“Purchasing DAC carbon removal credits is an important part of Microsoft’s pursuit of permanent, durable carbon removal,” said Phillip Goodman, director, Carbon Removal Portfolio, Microsoft. “This agreement with CarbonCapture helps us move toward our carbon negative goal, while also helping to catalyze the growth of the direct air capture industry as a whole.”
In addition to dramatically reducing current emissions, the global community needs to collectively remove 6-10 billion tons of carbon dioxide per year by 2050 in order to remain on a path to limiting global warming to 1.5°C. As DAC facilities begin to come online over the next several years, corporations like Microsoft are playing a critical role in helping to scale capacity by committing to advanced purchase agreements.
CarbonCapture develops and deploys direct air capture (DAC) machines that can be connected in large arrays to remove massive amounts of CO2 from the atmosphere. With a groundbreaking modular open systems architecture, the company’s technology platform allows for plug-and-play upgrades, mass production, unlimited scalability, and rapid technology iterations. CarbonCapture’s systems capture atmospheric CO2 for either permanent removal or for utilization in low-carbon synthetic fuels, concrete, and other industrial products.
For more information, please visit carboncapture.com
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Inside This Issue 🧪 $400M Bet on Blue Ammonia: Industry Giants Push Carbon Capture in Louisiana 🏭 Linde Signs Long-Term Agreement to Supply Industrial Gases to World-Scale Low-Carbon Ammonia Facil...
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
Agreement to deliver 4.8 million nature-based carbon removal credits through next-generation IFM projects while protecting over 425,000 acres of forestland HOUSTON--Anew Climate and Aurora Sustain...
ByteDance secured access to premium credits at today’s prices, reducing exposure to future cost spikes and supply issues, which will be essential in achieving its 2030 carbon neutrality target. MA...
The HyFlex earns two major 2025 awards for tackling urgent energy challenges and advancing sustainable solutions. At the intersection of innovation and sustainability, Hitachi Energy’s HyFlex™ hyd...
Gold H2 Delivers First Successful Subsurface Bio-Stimulated Hydrogen Production Field Trial
Breakthrough demonstration in California oilfield validates a new era of clean hydrogen enabled by biotechnology and advanced oilfield services provided by ChampionX LLC HOUSTON, June 25, 2025 (GL...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.