Rss_feed

Carbon Herald just published 16 Winners Will Share The Nearly $30M Award From Tencent’s CarbonX 2.0 Program. Carbon Herald reports that Tencent has announced the 16 recipients selected to share an award pool of close to $30 million under its CarbonX 2.0 program. The initiative is part of Tencent’s broader effort to back carbon removal and climate technology development. The selected projects will divide the funding as part of the program’s second round, which expands on the original CarbonX initiative launched earlier. Details on individual award sizes, project categories, and selection criteria are covered in the full article. ...

Carbon Herald just published Isometric Secures $40M To Bring AI Certification Beyond Carbon Markets. Carbon Herald reports that Isometric, a London-based firm known as the largest certifier of carbon removal by contracted volume, has closed a $40M funding round. The capital is intended to scale the use of AI in its certification platform and to apply that approach to verification needs outside carbon markets. The piece frames the raise as a step toward broader environmental and industrial certification applications, building on the company’s existing role in issuing carbon removal credits under its protocols. Specific investors, valuation, and the timeline for new product categories are detailed in the full article. ...

Heatmap News just published Transcript: Anthropic and the Future of the Buzzy Carbon Removal Buyer’s Club. Heatmap News published a transcript of its Shift Key podcast with Frontier head Hannah Bebbington Valori. Frontier, the Advanced Market Commitment coalition that includes Stripe, Google, McKinsey, H&M, JPMorgan Chase, and Salesforce, announced a new round of more than $900 million, roughly doubling its available capital for carbon removal purchases. The coalition is branding this a growth AMC and says it will concentrate the next phase of buying on a small set of companies it believes can scale to billions of tons of removal. Anthropic is joining Frontier as a new member. The episode also addresses Microsoft pausing its purchases after buying about 70 million tons historically, and what that shift means for demand. ...

CDR.fyi just published Durable CDR Market Update: From Ambition to Execution. In a market update presented at Carbon Unbound East Coast in May 2026, CDR.fyi reports that durable CDR purchases reached 30.4 million tonnes in 2025, a 324% CAGR from 2021. Stripping out Microsoft and Frontier, purchases still grew at 151% CAGR and deliveries at 131%. Those non-anchor buyers represented only 17% of contracted tonnes but 90% of delivered and 94% of retired tonnes. Biomass-based methods dominated 2025, with BiCRS accounting for 96% of purchase volume and 91% of deliveries, led by BECCS on contracts and biochar on delivery. The piece frames the next phase as execution-led, with method-specific pricing and tighter financing. ...

Heatmap News just published Are We Too Obsessed With Carbon Accounting?. Heatmap News reports on a Searchlight Institute paper by Jane Flegal, a former Frontier Climate market development lead, that critiques the dominant corporate climate paradigm built around carbon accounting and net zero targets. Flegal argues the system pushes companies to optimize their individual footprints while ignoring more impactful systems-level work, like easing transmission constraints or interconnection backlogs on the grid. She points to the data center boom as a case where corporate power purchase agreements satisfy clean energy claims without fixing structural barriers. The paper suggests alternative metrics, including whether company investments cause additional clean infrastructure to get built and how firms engage in policy proceedings. ...

Carbon Herald just published Mitsubishi Electric And VTT Reach Milestone In Electrochemical DOC Project. Carbon Herald reports that Mitsubishi Electric and Finland’s VTT Technical Research Centre have hit a development milestone in their joint direct ocean capture (DOC) project, which uses an electrochemical process to remove CO2 dissolved in seawater. The partnership, announced previously, pairs Mitsubishi Electric’s engineering capacity with VTT’s research work on electrochemical separation. The piece frames the progress as a step toward a scalable DOC system, though specifics on capture rates, energy use, and timeline to pilot deployment are limited in the coverage. Direct ocean capture is positioned as a complement to direct air capture given the higher concentration of CO2 in seawater. ...

Carbon Herald just published JPMorganChase Deepens Charm Industrial Partnership With A New CDR Deal And Debt Financing. Carbon Herald reports that JPMorganChase has broadened its existing relationship with Charm Industrial via a fresh carbon dioxide removal agreement paired with debt financing. The deal builds on prior offtake activity between the bank and the bio-oil sequestration company, signaling continued institutional backing for Charm’s approach of converting biomass into bio-oil and injecting it underground. The arrangement combines a CDR purchase commitment with credit support, a structure that pairs voluntary market demand with project-level capital. Specific tonnage, pricing, and loan terms are detailed in the original article. ...

Carbon Herald just published Skytree Secures First Commercial Deployment Of Stratus DAC System. Carbon Herald reports that Netherlands-based direct air capture developer Skytree has secured the first commercial rollout of its Stratus DAC unit. The Stratus system is designed to pull carbon dioxide from ambient air for use in downstream applications, with the company historically targeting indoor agriculture and other CO2 utilization markets in addition to permanent removal. The outlet frames the deployment as a step from pilot stage toward commercial operation for the Stratus platform. Further details on the buyer, deployment site, capture capacity and offtake terms are covered in the original article. ...

Heatmap News just published The Sorry State of Carbon Removal. Heatmap News covers the third State of Carbon Dioxide Removal report, a collaboration among researchers at Wisconsin-Madison, Maryland, Oxford, the Potsdam Institute, and the German Institute for International and Security Affairs. The report estimates that humans intentionally remove about 2.2 billion tons of CO2 per year, roughly 5% of annual emissions, almost entirely through conventional methods like tree planting, forest management, soil sequestration, and wetland restoration. Novel approaches such as direct air capture, BECCS, enhanced weathering, and biochar account for less than 1%, growing from 1.4 million tons in 2023 to 2 million in 2025. To stay on a 1.5C path, novel removal would need to reach 70 million tons by 2030 and 360 million by 2035. ...

CDR.fyi just published 2026 Q1 Durable CDR Market Update - From Promise to Proof. CDR.fyi’s Q1 2026 update finds 2.3 million tonnes of durable CDR contracted, roughly 5.6x Q1 2025 volume. Microsoft anchored the quarter with a single 1-million-tonne deal, while 112+ other buyers contracted 1.3 million tonnes between them, the third-highest non-Microsoft quarterly figure on record. Biochar dominated, making up 93% of contracted volume and all top five transactions. Deliveries reached 145K tonnes and retirements just over 100K tonnes, both second-highest on record, with deliveries up 67% year over year. Intermediaries facilitated 74% of contracted tonnes, a record share. ...