Published by Todd Bush on February 18, 2025
The Mercedes-AMG PETRONAS F1 Team is partnering with Chestnut Carbon to drive large-scale carbon removal projects across the Southeastern United States. The initiative aims to restore 200 hectares (~500 acres) of degraded farmland into thriving biodiverse forests, aligning with the team’s sustainability goals.
While emissions reduction remains a priority, the team acknowledges the need for high-quality carbon removals to address unavoidable emissions, in line with Oxford Offsetting Principles.
>> In Other News: BKV Announces Strategic Partnership for South Texas CCS Facility
The initiative aligns with the Gold Standard for Global Goals, ensuring third-party auditing, conservative carbon accounting, and lasting impact.
Toto Wolff, CEO & Team Principal, Mercedes-AMG PETRONAS F1 Team:“We are determined to lead by example in sustainability. This collaboration is a crucial step in addressing our residual emissions and reaffirms our commitment to becoming one of the most sustainable global sports teams.”

**Toto Wolff, CEO & Team Principal, Mercedes-AMG PETRONAS F1 Team**
Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team:“Working with Chestnut Carbon enables us to support projects that sequester carbon while benefiting biodiversity and local communities. This investment is key to our broader carbon removal strategy.”

**Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team**
Ben Dell, CEO, Chestnut Carbon:“We’re proud to partner with Mercedes-AMG PETRONAS F1 to deliver high-quality, nature-based carbon removals. Our long-term commitment ensures environmental integrity and community engagement for sustainable impact.”

**Ben Dell, CEO, Chestnut Carbon**
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛫 Methanol-to-Jet Clears the ASTM Gate. What Changes Now? 🌿 InPlanet Selected as the Brazilian Supplier in Whirlpool Corporation's Durable Carbon Removal Portfolio 🧲 Climeworks A...
Inside This Issue 🌿 How Montana Renewables Cut MaxSAF Capex 89% 📋 IRS Issues Notice on 45Z Clean Fuel Production Tax Credit to Support Domestic Biofuel Production and American Agriculture 🌊 Natura...
Inside This Issue 🌬️ U.S. Bank Makes First Carbon Removal Purchase with Carba's Minnesota Biochar Project 🏭 Michigan's CCS Primacy Bid Could Reshape Great Lakes Industry 🏗️ Europe's Largest Carbo...
In the largest rice methane offtake to date, Mitti Labs will deliver one million high-integrity credits to Google by 2030 BENGALURU, India and SAN FRANCISCO, Sept. 10, 2026 /PRNewswire/ -- Deep-t...
Climeworks Announces Key Performance Improvements at Mammoth
Over the past 18 months, technology upgrades have more than doubled CO₂ capture performance in upgraded collector containers while reducing operating costs by more than 50%. Zurich, Switzerland | ...
A team member at one of InPlanet’s partner farms inspects freshly harvested citrus fruit to assess its quality Remineralizer integrated into the soil following field application, beginning the enh...
Methanol-to-Jet Clears ASTM Gate. What Changes Now?
Methanol-to-jet has crossed a critical technical gate for commercial aviation fuel. ASTM D7566-26a, the active specification updated July 30, 2026, incorporates methanol into the Annex A5 alcohol-t...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.