Vancouver-based CO280 has secured a major carbon removal offtake agreement with JPMorganChase, marking another milestone in the company’s rapid emergence as a global leader in engineered carbon dioxide removal (CDR). The deal will see the financial giant purchase 450,000 metric tons of carbon dioxide equivalent (mtCO₂e) over 13 years, sourced from a U.S. Gulf Coast […]
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Vancouver Carbon Capture Startup CO280 Strikes Big Deal with Microsoft
A Vancouver-based developer of large-scale carbon dioxide removal projects has revealed what it described as a “historic” agreement with U.S. tech titan Microsoft. The agreement between CO280 and Microsoft will see a project capture and store biogenic carbon emissions from a U.S. pulp and paper mill. Under the agreement, Microsoft will purchase 3.685 million tonnes […]
Nine B.C. Innovators Secure $7.6M from CICE to Propel Clean Energy Solutions
Nine B.C. companies have secured a total of $7.6 million from the B.C. Centre for Innovation and Clean Energy (CICE) to scale breakthrough innovation and lead the net-zero global economy. Founded in October 2021, CICE is an independent, not-for-profit corporation that helps fund the commercial development and scaling of made-in-B.C. clean energy solutions — from […]