CleanTechnica•15 days ago
Altitude Partners With Alcom For +360.000t Carbon Removals
Key Takeaway
The significant procurement by Altitude underscores the rapidly growing market for large-scale carbon removal solutions and the increasing financial commitments driving this sector.
AI Summary
- •Altitude, a leading carbon dioxide removal (CDR) financier, has secured a 360,000-tonne CDR off-take agreement with Alcom, bringing its total procurement to over 720,000 tonnes.
- •This deal represents one of the largest individual CDR off-take agreements to date, signaling a maturing and expanding market for carbon removal solutions.
- •For large power consumers and developers, this highlights the increasing availability and financial mechanisms supporting large-scale carbon removal, offering pathways for emissions offsetting and new project development opportunities in the CDR space.
Topics
emissionsfinancingppa
Article Content
Altitude, the world leading carbon dioxide removal (CDR) financier, has significantly expanded its purchases by partnering with Alcom for +360.000t of CDRs. Altitude has crossed more than 720,000 t CDRs in total procurement. In one of the largest individual off-take agreements to date, Altitude is procuring over 360,000 tonnes of ... [continued] The post Altitude Partners With Alcom For +360.000t Carbon Removals appeared first on CleanTechnica .