VANCOUVER, BC — CO280, a leading developer of large-scale carbon dioxide removal (CDR) projects, today announced a historic offtake agreement with Microsoft from a project that will capture and permanently store biogenic carbon emissions from a U.S. pulp and paper mill. Under the agreement, Microsoft will purchase 3.685 million tonnes of CDR over 12 years. This agreement represents one of the largest engineered CDR purchases to date. 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.

• Additional coverage in Trellis: Why Microsoft is investing in a pulp and paper mill