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Nasdaq and Relae launch calendar showing buyers when carbon credits hit market

Carbon Herald just published Nasdaq Launches New Carbon Issuance Calendar In Collaboration With Relae. Carbon Herald reports that Nasdaq, working with carbon market data firm Relae, has released the Nasdaq Carbon Issuance Calendar. The tool is described as a one-stop platform where buyers can see upcoming carbon credit issuances in one place rather than tracking announcements across registries and project developers. Nasdaq already has a footprint in carbon removal through its majority stake in the Puro.earth registry, and this calendar extends its push into market infrastructure and data services. The outlet frames the launch as a transparency and planning tool aimed at corporate buyers and intermediaries. Details on coverage, pricing for users, and which registries or credit types are included were not spelled out in the material we saw. ...

Supercritical sold 81% of 2026 biochar supply, then signed Jain for 19,000t

Jain Irrigation’s biochar deal with Supercritical is worth, at most, around 2.5 million euros over two years, against quarterly revenue of Rs 1,518 crore. So the interesting part is not the money. It is that a marketplace which says 81% of this year’s high-quality biochar supply was already gone by July went to Jalgaon, Maharashtra, to find more. According to The Hindu BusinessLine, Jain Irrigation Systems told the stock exchange on October 28 that it signed an agreement with Supercritical, a London-based carbon removal marketplace, for up to 19,000 tonnes of biochar credits. Tradebrains adds that the credits cover 2026 and 2027 and that the financial value was not disclosed. Whalesbook’s headline drops the “up to” and states 19,000 tonnes flatly; the company filing, as quoted by The Hindu BusinessLine, uses “up to,” so I treat 19,000 as a ceiling, not a commitment. ...

Captain's CDR Log #305: Two weathering studies add organic carbon and find the soil carbon term moves

Captain Drawdown’s daily logbook on every CDR story, paper, and expert voice — so you don’t have to read them all. Add biochar to a field that is also getting crushed rock and you get, at best, the same inorganic carbon removal and a soil organic carbon pool that starts moving. That is the combined reading of two recent studies, and it answers a question that stacked-practice developers mostly skip: is weathering plus an organic carbon input a sum, or an interaction? ...

CDR Daily Digest — 2026-10-31

Three stories today, one thread: CDR gets financed to the extent it gets documented. A lender put $34 million of debt behind Terradot’s crushed rock because signed offtake contracts gave it something to lend against. Na’im Merchant turned a private spreadsheet of CDR deals and policy moves into a database anyone can open. And in Captain Drawdown’s daily CDR Log #304, I followed DAC’s captured CO2 past the fans and filters to the question that decides whether a tonne counts: where it ends up, and who checks that it stays there. ...

Na'im Merchant opens his private CDR deals-and-policy database to the public

The Carbon Curve just published Introducing Carbon Curve Intelligence. The Carbon Curve reports that Na’im Merchant, who tracks the sector at Carbon Removal Canada, has launched Carbon Curve Intelligence at intelligence.carboncurve.co after initially building it as a personal tool. The system checks roughly 200 sources each day, including news sites, company newsrooms, government pages, podcasts and newsletters, plus new research literature. Rather than republishing articles, it extracts structured fields such as buyer, seller, tonnage, pathway and date, and stores each as a dated record with a link to the original source. The database currently holds thousands of records, among them hundreds of deals and policies across dozens of countries. Search and saving are free; a Pro tier adds features, chiefly a plugin that connects the database to AI assistants like Claude or ChatGPT. The tool does not rate or rank companies, and most records are extracted by AI and published automatically, with a feedback form for corrections. ...

Terradot's $34M HASI loan is ERW's largest debt deal—offtakes made rock bankable

Three layers made this loan possible, and only one of them is rock. Terradot’s $34 million senior secured term loan from HASI, announced October 27 according to MarketScreener, sits on top of fixed-price multi-year offtake contracts with Frontier Climate’s buyer coalition and a carbon delivery insurance policy from CFC arranged through Marsh. The rock, the farmland, and the science are the asset. The contract and the insurance are what a lender can actually underwrite. ...

Captain's CDR Log #304: Where DAC's captured CO2 goes, and who checks that it stays there

Captain Drawdown’s daily logbook on every CDR story, paper, and expert voice — so you don’t have to read them all. The United States has injected 100 times more CO2 into oil fields than into dedicated storage over four decades. That is ProPublica’s finding, quoted by Lisa Song (@lisalsong.bsky.social on Bluesky): “Over the last 40 years, American companies have injected 100 times more CO2 into drilling fields as a way to extract more oil than they have into what CCS industry insiders call ‘dedicated’ CO2 storage reservoirs.” Meanwhile Octavia Carbon reports its Kenyan pilot is now pulling CO2 from the air, and CarpeCarbon has signed to put its first industrial-scale DAC unit at a Michelin plant in Italy. Capture is the visible half. The half that decides whether a tonne counts, the well, the permit and the certificate, is where the rules are being written now. ...

CDR Daily Digest — 2026-10-30

Today a bank sold a $72 million note that pays its holders in carbon removal credits instead of cash, and a founder who helped build one of CDR’s own marketplaces left for a national stock exchange. Both happened inside a market that, by that founder’s own count, is three years old. The plumbing is arriving faster than the measuring stick. That is the pattern across all five stories. Finance, data infrastructure, and talent are moving into CDR at the pace of a normal commodity market. The accounting that would tell us what those tonnes are for, and how confidently we can count them, is still being argued over in papers and policy briefs. Hardware and capital in the lead; denominators and verification trailing. ...

Citi's $72M biochar note pays investors in carbon removal credits, not coupons

ESG News just published Citi Closes $72 Million Carbon Removal-Linked Note for Texas Biochar Project. ESG News reports that Citi has closed a $72 million, 3.5-year principal-protected Carbon Removal-Linked Note to finance Applied Carbon’s biochar operations in Texas. Instead of conventional coupon payments, investors receive returns linked to carbon credits the project issues and delivers, which Citi calls its first outcome bond tied to verified removals. Applied Carbon runs mobile pyrolysis units that turn crop residue into biochar in or beside farm fields, producing and applying the material in a single pass. A 2022 offtake agreement with Microsoft covers a portion of the project’s future credits, and Applied Carbon says it plans to expand deployments across Texas with Citi and Nuveen as partners. ...

Mangertseder exits DVNE for SIX, says CDR market matured in three years

DVNE just published : Lisa Mangertseder: The Evolution of CDR. The German CDR association DVNE has published an interview with Lisa Mangertseder, who served on its board for more than three years as Deputy Chair and has now left to become Senior Business Development Manager for Carbon Markets at SIX. She describes CDR moving from a niche topic to one embedded in European policy, pointing to the European Commission’s proposal to bring permanent removals into the EU ETS. On the market side, she contrasts the earlier pattern of bespoke bilateral deals with the current growth of registries, verifiers, insurers, brokers and marketplaces aimed at standardisation and institutional capital. She also flags policy and buyer demand as the sector’s main enabler and, by implication, its main constraint. ...