Anthropic joins $1.8B carbon removal bet, AI sector enters climate markets
Anthropic commits to Frontier's $915M carbon removal tranche, nearly doubling pledges and marking AI's first structural entry into durable CDR offtake markets.
SBTi mandates carbon removal purchases for 11,000 companies by 2035
The Science Based Targets initiative published Net-Zero Standard V2.0 on June 11, requiring large companies to buy carbon removal credits from 2035, potentially creating 293M–1.1B tonnes annual demand.
CREW Carbon raises $25M to embed carbon removal in wastewater plants
Brooklyn startup CREW Carbon closed a $25M Series A to scale wastewater alkalinity treatment that removes CO2 while improving plant operations, with Fortune 500 offtake agreements already locked.
Square Flips Bitcoin On for Millions of U.S. Merchants by Default
Block's Square platform automatically enabled Bitcoin Lightning payments for millions of eligible U.S. sellers, shifting from opt-in to opt-out with zero processing fees through 2026.
JPMorganChase locks 60,000 tons from Graphyte's biomass carbon removal
JPMorganChase signed a decade-long offtake deal for 60,000 tons of carbon removal from Graphyte, betting on sub-$100/ton biomass sequestration over direct air capture as the near-term pathway to scale.
Microsoft Buys 1 Million Biochar Credits from Liferaft in 10-Year Deal
Microsoft has signed a 10-year offtake agreement with Iowa-based Liferaft for 1 million biochar carbon removal units — the largest such deal in U.S. history — signalling that bankable demand is now the primary lever for scaling durable carbon removal infrastructure.