- Schneider Electric is purchasing 31,000 tons of carbon removal credits, to be delivered by 2039, from direct air capture company Climeworks, the companies announced Friday.
- Climeworks said the deal represents its largest portfolio agreement yet and Schneider Electric’s “first purchase of high durability carbon removal.”
- The carbon removals will be achieved through direct air capture and storage, renewable energy derived from biomass with carbon capture and storage and enhanced rock weathering.
Read the full news here: https://www.esgdive.com/news/schneider-electric-inks-carbon-removal-deal-with-climeworks-dac-bioenergy-enhanced-rock-weathering/760650/