Carbon credit procurement and management company Carbonax Climate has purchased 2,699 metric tonnes of carbon removal credits from Carbon Capture Scotland on behalf of its clients. The companies said that the collaboration makes carbon removal more accessible to companies and furthers their shared goal of a sustainable future.
“The transaction is a testament to Carbon Capture Scotland’s commitment to robust, high-quality engineering solutions and underscores our ability to achieve substantial, permanent carbon removal,” said co-founder and CEO of the company, Richard Nimmons.
Carbon Capture Scotland specializes in the permanent removal of biogenic carbon dioxide (CO2) from fermentation processes and aims to advance these technologies to effectively address large-scale biogenic removal across Europe.
Sebastien Dewarrat, co-founder of Carbonx Climate, said that the partnership will become a “landmark European Carbon Removal initiative.” The company works with high-impact carbon removal projects, and its portfolio includes direct air capture (DAC), enhanced rock weathering (ERW), ocean carbon dioxide removal (CDR), and bio-based solutions such as bioenergy with carbon capture and storage (BECCS) and biochar.