In a recent press release, it was announced that CO280, a lead developer of large-scale carbon dioxide projects, entered an agreement with Microsoft for a project that will capture and permanently story biogenic carbon emissions from a US pulp and paper mill.

The press release states "The agreement underscores Microsoft's confidence in CO280's approach to scaling permanent CDR by retrofitting existing pulp and paper mills to capture biogenic CO2 from boiler stack emissions for permanent geological storage. The capture technology for this project will be supplied by CO280 partner, SLB Capturi. CO280 is developing more than 10 projects, with five high-priority projects poised to deliver CDR by 2030.

The agreement with Microsoft is a significant milestone for CO280 and the CDR market," stated Jonathan Rhone, co-founder and CEO of CO280. CO280 is committed to delivering the highest quality, permanent carbon dioxide removal while supporting the economic and environmental health of the communities we serve. We're incredibly grateful to Microsoft for their collaboration, leadership, and commitment to CDR excellence."

You can read the full press release by clicking here.