CO280 and Aker Carbon Capture collaborate with Microsoft to scale-up permanent, affordable carbon removal in US and Canada
OSLO, Norway, April 18, 2024 /PRNewswire/ -- CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada. Together the three companies have the expertise, technologies, and resources to develop this market by creating a scalable model to deploy large-scale projects quickly to meet global net zero targets. The collaboration aspires to leverage the strengths and capabilities of each partner to enable the ecosystem for the voluntary carbon market by providing traceability of data and enabling high-integrity carbon credits.
- CO280 and Aker Carbon Capture's collaboration with Microsoft will supply the market with significant volumes of permanent, verifiable, affordable Carbon Dioxide Removals (CDRs).
- OSLO, Norway, April 18, 2024 /PRNewswire/ -- CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada.
- The three companies will collaborate to address the technological, regulatory, and commercial challenges and opportunities for creating carbon removal, with each party playing distinct commercial roles.
- Aker Carbon Capture is dedicated to enabling carbon removal and reduction and the company's proven Just Catch modular solutions enable industries to deploy their capture technology at speed and at scale.