Vancouver's CO280 Inks Carbon-Capture Deal with JPMorganChase
6 Articles
6 Articles
JPMorgan Inks Deal for Low-Cost Carbon Removal with CO₂80
JPMorgan Chase has signed an agreement with Canadian company CO₂80 to purchase 450,000 metric tons of CO₂ removal over 13 years, at a price of less than $200 per metric ton. The project involves the capture and permanent storage of biogenic emissions from a pulp and paper plant owned by JPMorgan and located along the U.S. Gulf Coast. This is one of the lowest prices ever recorded for engineered carbon removal technologies, marking a major step f…
JPMorgan Signs Large-Scale Carbon Removal Deal for Under $200 per Ton
JPMorganChase and carbon dioxide removal (CDR) project developer CO280 announced a new large-scale, long-term CDR purchase agreement, with JPMorgan agreeing to offtake 450,000 tons of carbon removal over 13 years from a project that will capture and permanently store biogenic carbon emissions from a pulp and paper mill in the U.S. Gulf Coast. At a price of under $200 per ton, the new agreement marks one of the lowest-ever price points for engine…
Vancouver’s CO280 Strikes Landmark Carbon Removal Deal with JPMorganChase
Vancouver-based CO280 has secured a major carbon removal offtake agreement with JPMorganChase, marking another milestone in the company’s rapid emergence as a global leader in engineered carbon dioxide removal (CDR). The deal will see the financial giant purchase 450,000 metric tons of carbon dioxide equivalent (mtCO₂e) over 13 years, sourced from a U.S. Gulf Coast pulp and paper mill retrofitted with carbon capture technology. Priced under $200…
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