Carbon removal is a vital component in the fight against climate change. To this end, AtmosClear has just signed a groundbreaking 15-year contract with Microsoft to capture a whopping 6.75 million tonnes of carbon dioxide each year. This impressive agreement, which is considered the world’s largest for permanent carbon dioxide removal, has been welcomed by Fidelis portfolio company, the developer of the bioenergy carbon capture and storage (BECCS) facility. The facility will be located at the Port of Greater Baton Rouge in Louisiana. The construction of the facility is set to begin in 2026, with commercial operations expected to commence by 2029. This is a significant milestone, not only for the project but also for the global business. The project aims to use sustainable materials, such as sugar cane waste and responsibly sourced wood, to produce clean energy. The facility will capture 680,000 tonnes of CO₂ each year, which will either be sequestered or used in low-carbon fuels.
“AtmosClear showcases how proven technologies, paired with sustainable feedstocks like sugar cane bagasse and forest management materials, can deliver meaningful climate impact,”
said Daniel Shapiro, CEO of Fidelis. The deal with Microsoft is a testament to the power of partnerships in the fight against climate change. Last year, Microsoft signed a similar agreement with Sweden’s Stockholm Exergi to remove 3.33 million tonnes of CO₂. Key Highlights:
• 15-year contract between AtmosClear and Microsoft to capture 6.75 million tonnes of CO₂ annually
• Bioenergy carbon capture and storage (BECCS) facility located at the Port of Greater Baton Rouge in Louisiana
• Construction to begin in 2026, with commercial operations expected by 2029
• Sustainable materials used to produce clean energy
• 680,000 tonnes of CO₂ captured each year
• CO₂ captured will be either sequestered or used in low-carbon fuels
Bioenergy Carbon Capture and Storage (BECCS) is a technology that captures CO₂ from power plants and industrial processes, and then stores it underground, where it can remain for thousands of years. The agreement between AtmosClear and Microsoft is a significant step forward in the carbon removal market. It is believed to be the world’s largest for permanent CO₂ removal to date. Impact on the Global Business
The deal with Microsoft is expected to help the global business achieve carbon neutrality by 2030. This is a goal that Microsoft set in January 2020.
- Microsoft has signed a similar agreement with Stockholm Exergi in Sweden last year to remove 3.33 million tonnes of CO₂.
- AtmosClear’s project is considered a compelling model for carbon removal in the US.
- Carbon removal is a vital component in the fight against climate change, and this agreement is a significant step forward in achieving this goal.
