Google Strikes $100/ton Deal with US DAC Startup Holocene

CDR Community News
, , , ,
1

shutterstock_2405728655
shutterstock_24057286551000Ă—667 119 KB

:loudspeaker: Google announced a groundbreaking $10 million deal with Holocene, a pioneering Direct Air Capture (DAC) startup.

This partnership aims to remove 100,000 tons of CO2 from the atmosphere by the early 2030s, at a record-low cost of $100 per ton12.

This initiative underscores Google’s commitment to sustainability and marks a significant step towards making DAC technology commercially viable. By leveraging innovative approaches and benefiting from the U.S. government’s 45Q tax credit, Holocene is set to revolutionize the carbon capture landscape.:seedling::bulb:

Read the full article :point_right: Google Strikes $100/ton Deal with US DAC Startup Holocene • Carbon Credits