Carbon Market News

Market Updates

Google sees CO2 batteries as large-scale way to store renewable energy

Google is investing in and commissioning CO2 batteries from Energy Dome to provide scalable, long-duration renewable energy storage for its data centers in the US, Europe, and Asia, addressing lithium-ion limitations like 4-8 hour capacity. The technology stores excess renewables as compressed CO2 in expandable domes; expansion drives turbines for power, offering 30% lower costs per kWh, three times lithium-ion lifespan, and quick deployment on ~5 acres versus decade-long pumped-hydro projects. Energy Dome’s 2 MWh Sardinia pilot demonstrates viability; Google prioritizes standardization for global use, despite minor CO2 leak risks, as Alliant Energy advances a similar project in Wisconsin.
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#Google #CO2Battery #EnergyStorage #Renewables #LongDurationStorage #GridStability #CleanEnergyTech

Microsoft Makes Biochar Carbon Removal Deal with Varaha in India

Microsoft signed a multi-year offtake agreement with Varaha to buy durable biochar carbon removals, funding up to 18 biomass gasification reactors in India’s Maharashtra cotton belt over 15 years, projecting over 2 million tonnes CO₂ removals. The project converts crop residue stalks—typically burned, polluting air—into biochar for permanent soil sequestration, while boosting farmer incomes, soil health, water retention, and regenerative practices like mulching. The first reactor is operational at Varaha’s 52-acre research farm, with credits meeting strict MRV standards for permanence, helping scale Asia’s biochar CDR market amid rising corporate demand.
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#Microsoft #Varaha #Biochar #CarbonRemoval #CarbonOffsets #RegenerativeAgriculture #IndiaClimateAction

Microsoft Buys New 2.85M Credits From Indigo Ag In One Of The Largest Soil CDR Deals To Date

Microsoft signed a 12-year deal to buy 2.85 million soil carbon removal credits from Indigo Ag’s Carbon by Indigo program, one of the largest soil CDR purchases, supporting regenerative agriculture on 8 million acres. The credits, verified under Climate Action Reserve’s Soil Enrichment Protocol (CAR1459) and ICVCM Core Carbon Principles, incentivize farmers with $40 million paid to date for practices boosting soil carbon (potential 3.5 GtCO₂e/year globally), water infiltration, and farm resilience. This is Microsoft’s third Indigo deal (after 40,000 in 2024 and 60,000 in 2025), featuring 40-year durability with 100-year monitoring and reversal buffers.
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#Microsoft #IndigoAg #SoilCarbon #CarbonRemoval #RegenerativeAgriculture #CarbonCredits #SustainableFarming

Bain, 1PointFive Agree on 9,000 Ton DAC Removals for Net Negative Strategy

Bain & Company agreed to purchase 9,000 tons of direct air capture (DAC) carbon removal credits over three years from 1PointFive’s STRATOS facility in Texas, supporting Bain’s net-negative emissions strategy and expanding its engineered CDR portfolio. The credits, equivalent to emissions from 10,000 long-haul flights, will be stored via long-term geologic sequestration, financing DAC infrastructure amid high costs and limited supply. The deal highlights voluntary market demand for durable removals as companies address residuals, with STRATOS backed by IRA 45Q incentives and Occidental’s expertise.
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#Bain #1PointFive #DAC #CarbonRemoval #EngineeredCDR #NetNegative #ClimateSolutions

Grassroots Carbon Reaches 1.9 Million Tons of Verified Soil Removals for Net Zero Demand

Grassroots Carbon became the first US firm to deliver 1.9 million tons of verified soil carbon removals, with over 1.5 million tons retired by corporate buyers like Nestlé and Microsoft, paying $40 million directly to ranchers since 2022 across 2 million acres in 22 states. The program incentivizes regenerative grazing for soil health, using deep 1-meter soil sampling, microbial DNA testing, and sensors for rigorous MRV, holding the largest private US soil carbon dataset. It boosts water infiltration (up to 30x), biodiversity, productivity, and rural economies on America’s 655 million grassland acres, positioning it as a scalable natural CDR solution.
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#GrassrootsCarbon #SoilCarbon #NaturalCDR #RegenerativeGrazing #CarbonRemoval #SustainableRanching

Meta inks trio of nuclear deals to support AI ambitions

Meta signed nuclear power deals with TerraPower, Oklo, and Vistra to enable up to 6.6 GW of clean energy by 2035, powering its AI data centers amid a 24% rise in emissions from AI demand despite a 3.5% drop in Scope 1/2 emissions. TerraPower agreement supports up to eight reactors (2.8 GW for Meta), Oklo funds a 1.2 GW Ohio campus (online 2030-34), and Vistra’s 20-year PPA delivers 2.6 GW from three plants with license extensions. These follow Meta’s prior Constellation deal, positioning it as a major US nuclear buyer to meet net-zero by 2030 and bolster grid reliability.
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#Meta #NuclearEnergy #CleanEnergy #AIPowerDemand #DataCenters #EnergyTransition #NetZero

Stack Carbon To Develop The First Large-Scale Biochar Facility In Uganda

Climate tech startup Stack Carbon signed an MOU with China’s Jiaxing Tongao Environmental Technology and Norway’s TerraCapX AS to build Uganda’s first large-scale biochar facility, the $12 million Nile Char Carbon Removal Project, during a Uganda Parliament ceremony. The facility will process over 10 million tonnes of agricultural waste over 20 years into biochar, sequestering CO₂, improving soil health, and cutting reliance on imported chemical fertilizers costing farmers $300 million annually. Jiaxing will supply pyrolysis equipment for 30 tonnes/day production; installation starts mid-2026, with commercial operations in Q3 2026, following market standards and training 100 local stakeholders.
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#Uganda #Biochar #CarbonRemoval #AgriculturalWaste #ClimateTech #CarbonSequestration #SustainableFarming

Ørsted Takes US Government to Court Over Halted $5 Billion Offshore Wind Project Weeks From Power Generation

Ørsted has sued the US government in DC federal court for an injunction to resume construction on its 87% complete $5 billion Revolution Wind offshore project (704 MW off Rhode Island), halted by a Trump administration lease suspension citing national security concerns over radar interference. The joint venture with BlackRock’s Global Infrastructure Partners has spent billions under prior federal/state approvals, including DoD mitigation agreements, and aims to power 350,000 homes via 20-year PPAs with Connecticut/Rhode Island utilities. The order affects five East Coast projects totaling nearly 6 GW; Ørsted is also assessing options for its Sunrise Wind project amid broader policy risks to US offshore wind.
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#Orsted #OffshoreWind #USRenewables #EnergyPolicy #CleanEnergy #WindPower #InfrastructureRisk

Masdar Wins Landmark PPA to Build Southeast Asia’s Largest Floating Solar Plant in Malaysia

Abu Dhabi Future Energy Company PJSC, Masdar, has entered the Malaysian market with a landmark power purchase agreement to develop a 200MW floating solar photovoltaic project, a move that immediately places the UAE-backed developer at the centre of Southeast Asia’s clean energy buildout. This is the first project under a broader 10GW renewable energy roadmap agreed between Masdar and the Malaysian Investment Development Authority in 2023. The $208 million Chereh Dam project anchors Malaysia’s push toward a 35 percent renewable energy mix by 2030.
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#Malaysia #SoutheastAsia #UAE #FloatingSolar #PPA #CherehDam #RenewableRoadmap #Masdar

DHL Signs Major SAF Deal with Neste Ahead of New EU Rules

DHL Express confirmed a new fuel agreement. The company signed a binding offtake contract with the renewable fuels producer Neste. Under this deal, DHL will receive 50 million liters of Sustainable Aviation Fuel (SAF) for deliveries in 2026.
The fuel will be used in DHL’s air cargo flights to help reduce carbon emissions. This deal is one of the first under the tightened ReFuelEU Aviation rules, which increase SAF requirements at European airports starting in 2026.
DHL moved early to lock in supply. The company expects SAF prices to rise once the new rules begin in January. Securing supply now helps DHL manage future costs and ensure fuel availability as demand grows.
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#DHL #Neste #SAF #ReFuelEU #Aviation #Offtake #2026 #AirCargo #EmissionsReduction