Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Japan Airlines and Climeworks Solutions announce world’s first CORSIA-compliant carbon removal agreement
Japan Airlines and Climeworks Solutions announced the world’s first purchase agreement for carbon dioxide removal credits designed to meet ICAO CORSIA requirements. The portfolio sourced by Climeworks Solutions will include removal pathways selected to fulfil all requirements for CORSIA Eligible Emissions Units, including soil carbon sequestration and biochar. Alongside these, JAL will purchase Climeworks direct air capture credits, supporting long-term development of engineered removal. JAL was among the first airlines to retire large-scale CORSIA-eligible credits, and the deal marks an early integration of removal into compliance markets.
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#JAL #Climeworks #CORSIA #CDR #EEU #DAC #Biochar #Aviation
Google agrees biggest carbon-removal deal yet, aims to scale new model
Google has agreed its largest carbon-removal deal to date, backing Terradot’s project across more than 200,000 hectares of rice farmland in southern Brazil. The initiative combines methane abatement with enhanced rock weathering, representing the first project of this scale to integrate both approaches. It will generate one million metric tons of methane-abatement credits by 2030 and one million tons of carbon-removal credits by 2040, with each verified separately. The model could eventually expand across Brazil and other rice-growing regions, while commercial scale-up is planned for 2028.
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#Google #Terradot #Brazil #Methane #Rice #CarbonRemoval
FedEx secures 20 million gallons of SAF at five US airports
FedEx has signed new agreements projected to secure more than 20 million gallons of unblended sustainable aviation fuel across five major US airports through 2027. The fuel will be supplied at blend ratios ranging from 30% to 50%, depending on location. The procurement builds on agreements secured since 2025 and supports the company’s goal of sourcing 30% of its blended jet fuel from alternative sources by 2030. The expansion also signals greater aviation demand for SAF, although wider adoption remains dependent on reliable supply, suitable infrastructure and competitive costs
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#FedEx #SAF #Aviation #US #AlternativeFuels #Decarbonization
GSK Signs Carbon Removal Deal with Varaha
UK-based GSK, one of the world’s leading pharmaceutical companies, entered an eight-year carbon removal agreement with nature-based developer Varaha, structured through investment platform Earthly, to purchase over 600,000 tonnes of verified credits from regenerative farming across more than 50,000 hectares in Punjab and Haryana, India. Farmers will shift from residue burning, intensive tillage and flood irrigation to direct seeded rice, reduced tillage and residue incorporation. Co-benefits include avoided PM2.5 emissions, water savings and household income gains of 12% to 16%. It supports GSK’s targets of a 90% absolute emissions reduction against a 2020 baseline and value-chain net zero by 2045.
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#GSK #Varaha #Earthly #RegenerativeAgriculture #India #SoilCarbon #NetZero
Taiwan’s China Airlines cuts emissions with sustainable fuel
China Airlines used a 40% blend of sustainable aviation fuel on a long-haul flight to Amsterdam for the first time, cutting an estimated 93.2 tonnes of carbon dioxide. The Taoyuan-Amsterdam flight marked the carrier’s fifth participation in SkyTeam’s Aviation Challenge and its first 40% SAF blend on a long-haul route, using about 36.3 tonnes of SAF. The flight also featured meal trays and cutlery 30% lighter, lower-carbon meals and soy-based ink. While SAF remains 2.5 to 3 times more expensive than conventional jet fuel, China Airlines has completed eight SAF-powered flights since 2022.
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#ChinaAirlines #SAF #Taiwan #Aviation #SkyTeam #BookAndClaim
Google signs its biggest rice-methane carbon credit deal with Indian startup Mitti Labs
Google agreed to buy 1 million carbon credits from Indian climate-tech startup Mitti Labs through 2030, described as the largest publicly announced deal for credits from cutting methane in rice farming. The four-year agreement covers farms in Karnataka, Andhra Pradesh and Telangana, reaching about 100,000 hectares at peak delivery; financial terms were undisclosed. Farmers are paid to shorten field flooding, cutting methane by around 50% and irrigation water by 40% without reducing yields. Google’s 2025 emissions rose 18% to about 14.5 million tonnes CO2e.
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#Google #MittiLabs #Rice #Methane #India #CarbonCredits
U.S. Bank Secures Initial Carbon Removal Offtake Through Carba’s Minnesota Biochar Operations
U.S. Bank entered the carbon dioxide removal market by purchasing credits from biochar developer Carba, its first direct investment in durable removal. The transaction centres on Carba’s deployment at a Minnesota landfill, where a proprietary molten salt pyrolysis reactor converts utility line tree trimmings into biochar for subterranean storage, delivering 1,000-year permanence below $100 per tonne. Operating on-site eliminates heavy feedstock transport costs, addressing the capital and logistics barriers to scaling removal. The deal expands Carba’s client roster, which already includes a five-year Microsoft contract alongside $6 million in funding.
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#USBank #Carba #Biochar #CDR #Minnesota #Permanence
Microsoft, Aker Solutions Advance Global CCS Projects
Aker Solutions and Microsoft have agreed to collaborate on global carbon capture and storage and carbon dioxide removal projects, aiming to improve project maturity, bankability and delivery. Aker Solutions will contribute techno-economic advisory, engineering, procurement, construction and execution capabilities, while Microsoft will provide expertise in digital technology, data, artificial intelligence, monitoring, reporting and verification, and carbon markets. The companies plan to support selected projects from early feasibility studies through final investment decisions and operations. Their work will involve developers, emitters, transport and storage providers, governments and stakeholders, including opportunities linked to CDR credits. The partnership addresses barriers such as complex value chains, execution risk, capital requirements and measurement. No specific projects, investment amounts, credit purchases or delivery targets were announced.
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#Microsoft #AkerSolutions #CCS #CarbonRemoval #CDR #CarbonCapture #DigitalMRV
BeZero Publishes Microsoft Carbon Removal Risk Ratings
BeZero Carbon has published 14 ex ante ratings of carbon removal projects assessed through Microsoft’s due diligence process. Covering improved forest management, soil carbon, biochar and agroforestry across the United States, Argentina, India and Peru, the reports evaluate additionality, carbon accounting, permanence, project execution and delivery risks, with some also examining environmental and community impacts. The assessments move scrutiny upstream, helping buyers and investors evaluate projects before credits are issued or capital is committed. Microsoft, which contracted more than 45 million tonnes of carbon removal in 2025, adds these reviews to its quality criteria. Full reports are available to BeZero platform subscribers, while freemium users can access ratings and execution-risk scores, providing benchmarks for procurement, financing and project design.
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#BeZeroCarbon #Microsoft #CarbonRemoval #CarbonRatings #ExAnteRatings #DueDiligence #CDR
Senken Secures 50,000-Tonne Carbon Removal Deal
Senken has signed a multi-year offtake agreement with Carbonsate covering 50,000 tonnes of biomass geological storage carbon removal from Namibia between 2026 and 2028. The companies describe it as Europe’s largest biomass storage deal and the second-largest buyer commitment in this removal category. Carbonsate stores encroacher bush biomass near Otjiwarongo in engineered underground chambers designed to limit decomposition and retain carbon for at least 100 years. Project operations follow Puro.earth’s Terrestrial Storage of Biomass methodology and have passed a facility audit, but most credits represent future delivery rather than issued supply. Senken will provide the volumes to corporate buyers and has screened the project through its Sustainability Integrity Index. The offtake is intended to support expansion of Carbonsate’s storage capacity.
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#Senken #Carbonsate #CarbonRemoval #BiomassStorage #BiomassBurial #PuroEarth #CORC #Namibia