Barclay Rogers, CEO of carbon-removal startup Graphyte discusses the 60,000-ton, 10-year carbon removal agreement with JPMorganChase and future for Graphyte.

The agreement forms part of the shipping group’s broader strategy to neutralise residual greenhouse gas emissions that cannot be eliminated through operational efficiencies alone.

A US carbon removal company has secured investment from Japanese trading firm to expand a facility in Arkansas.

The investment by Sumitomo is notable because it represents one of the first known examples of project-level financing for a durable carbon removal facility.

One of the nation’s largest facilities for removing carbon dioxide from the sky is about to triple in size, thanks to a large investment from a Japanese trading company.

Japanese trading house Sumitomo Corp. has invested in a U.S. carbon dioxide removal project run by American startup Graphyte that takes carbon out of the atmosphere by burying rice hulls.

Global trading conglomerate Sumitomo Corporation acquired an equity stake in Graphyte’s Loblolly project, marking one of the first known instances of project-level investment in a durable carbon removal facility.

A northern B.C. village may become the home of a new carbon-storage facility built by a Bill Gates-backed American startup.

Graphyte has entered agreements with Coconino County to squeeze forest thinnings into dense pellets, then stash them underground.

Scaling carbon removal through existing supply chains, community-aligned infrastructure, and signing up JPMorgan in the process.

Over the course of the contract, JPMorgan will receive the credits from Graphyte’s operational Arkansas project, Project Loblolly, as well as a second project being developed in Arizona.

A new long-term agreement between Graphyte and JPMorganChase is bringing durable carbon removal closer to operational scale.

This agreement demonstrates the growing confidence and momentum behind CDR solutions.

The credits will be generated using Graphyte’s Carbon Casting process, which converts biomass into a stable form for permanent underground storage.

The transaction builds on growing demand from global institutions for high-quality, scalable carbon removal.

Graphyte Announces 60,000 Ton Carbon Removal Agreement with JPMorganChase.

Graphyte Announces 60,000 Ton Carbon Removal Agreement with JPMorganChase.

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By World Resources Institute Not long ago, the idea of harvesting almond shells and sewage sludge to lock away climate-harming emissions might have sounded like something out of a science fiction movie. Today, it’s not only possible — it’s happening. A new wave of startups is turning agricultural waste and forest residues into permanent carbon dioxide removal using a process known as biomass carbon removal and storage (BiCRS). These BiCRS startups sell carbon credits to compa

By Quantum Commodity Intelligence US-based biomass carbon removal and storage (BiCRS) firm Graphyte's novel technique sequesters CO2 effectively, according to new results, which reinforces the company's confidence that its approach can be scaled up significantly in the years ahead. One year of monitoring results at Graphyte's inaugural site in the US state of Arkansas confirms that the so-called 'dry-tomb' method "prevents biomass decomposition at commercial scales for apprec