CleanTechnica•11 days ago
Altitude Purchases +165,000t Of Carbon Removal From South American Partners Ecogaia & Emisiones Neutras
Key Takeaway
The substantial purchase of biochar-based carbon removal credits signals a maturing market for CDR, creating new project development and emissions offset opportunities for IPPs and large power consumers.
AI Summary
- •Carbon removal financier Altitude has purchased over 165,000 tonnes of CO₂ Removal Certificates (CORCs) from biochar-based facilities in Argentina (EcoGaia, Emisiones Neutras).
- •This significant transaction positions Altitude as one of the largest global buyers of Carbon Dioxide Removal (CDR), indicating robust and growing market demand for verifiable carbon removal solutions.
- •The deal highlights biochar as a viable and scalable carbon removal technology, presenting new project development opportunities for IPPs and potential revenue streams through CORC sales.
- •For large power consumers, this signals a maturing market for procuring CDRs to meet sustainability targets, offset emissions, or prepare for future carbon regulations.
Topics
emissionsfinancingpolicyppa
Article Content
Carbon removal financier Altitude has agreed to purchase more than 165,000 tonnes of CO₂ Removal Certificates (CORCs) from biochar-based carbon removal facilities in Argentina operated by EcoGaia and Emisiones Neutras. This makes Altitude one of the worlds largest buyers of CDR. The deal will see CORCs, issued through the Puro ... [continued] The post Altitude Purchases +165,000t Of Carbon Removal From South American Partners Ecogaia & Emisiones Neutras appeared first on CleanTechnica .