Entries by carbonfund

Trump Admin Pays TotalEnegries $1B to Scrap Wind Projects, Putting a Hold on America’s Clean Energy Plans

The U.S. government has agreed to pay nearly $1 billion to the French energy company TotalEnergies to cancel major offshore wind projects planned on the East Coast. The deal was announced by the Department of the Interior and represents a major shift in federal energy policy. TotalEnergies will give up its lease holdings and invest in […]

From Air to Ale: Introducing the First-of-its-Kind Beer Made with Captured Carbon

A new beer is turning carbon removal into a real-world product. U.S.-based Aircapture and Almanac Beer have launched what they call the world’s first commercial beer carbonated using (carbon dioxide) CO₂ captured directly from the atmosphere. The system uses direct air capture (DAC) technology. It pulls carbon dioxide from ambient air and delivers it on-site […]

Microsoft Inks Biggest-Ever U.S. Biochar Deal with Liferaft

A new agreement between Microsoft and Liferaft highlights the rapid growth of carbon removal markets. The deal covers 1 million carbon removal units or credits over 10 years, making it one of the latest long-term offtake agreements in the sector. These agreements are important. They give developers guaranteed future demand while helping them raise capital, […]