Carbon-removal startup Charm Industrial lands $53 million deal

Two dozen companies announced plans Thursday to buy $53 million worth of carbon-removal credits from Charm Industrial, which converts corn stalks, leaves, and other waste leftover from agricultural harvests into bio-oil. Charm then pumps that carbon-rich oil underground to be permanently stored. SOURCE: https://ift.tt/4OBSeZ0 Biochar Today

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Two dozen companies announced plans Thursday to buy $53 million worth of carbon-removal credits from Charm Industrial, which converts corn stalks, leaves, and other waste leftover from agricultural harvests into bio-oil. Charm then pumps that carbon-rich oil underground to be permanently stored.

SOURCE: https://ift.tt/4OBSeZ0

  • <span class="glossary-tooltip glossary-term-22388" tabindex="0"><span class="glossary-link"><a href="https://biochartoday.com/glossary/biochar/" target="_blank" class="glossary-only-link">Biochar</a></span><span class="hidden glossary-tooltip-content clearfix"><span class="glossary-tooltip-text">Biochar is a carbon-rich material created from biomass decomposition in low-oxygen conditions. It has important applications in environmental remediation, soil improvement, agriculture, carbon sequestration, energy storage, and sustainable materials, promoting efficiency and reducing waste in various contexts while addressing climate change challenges. <a href="https://biochartoday.com/glossary/biochar/">More</a></span></span></span> Today’ src=’https://secure.gravatar.com/avatar/1bab6dafc702942757082224da4556d8018a6d102195ba7864454fe45aed6d49?s=80&d=mm&r=g’ srcset=’https://secure.gravatar.com/avatar/1bab6dafc702942757082224da4556d8018a6d102195ba7864454fe45aed6d49?s=160&d=mm&r=g 2x’ class=’avatar avatar-80 photo’ height=’80’ width=’80’ /> </div> </div> <div class="pp-author-boxes-avatar-details"> <div class="pp-author-boxes-name multiple-authors-name"><a href="https://biochartoday.com/author/biochartodayauthor/" rel="author" title="Biochar Today" class="author url fn">Biochar Today</a></div> <span class="pp-author-boxes-description multiple-authors-description author-description-0"> </span> </div> </li> </ul> </span> </div> <span class="ppma-layout-suffix"></span> </div> <!--end code --> <div class="sharedaddy sd-sharing-enabled"><div class="robots-nocontent sd-block sd-social sd-social-icon sd-sharing"><h3 class="sd-title">Share this:</h3><div class="sd-content"><ul><li class="share-twitter"><a rel="nofollow noopener noreferrer" data-shared="sharing-twitter-34" class="share-twitter sd-button share-icon no-text" href="https://biochartoday.com/news/industry/carbon-removal-startup-charm-industrial-lands-53-million-deal-business-insider/?share=twitter" target="_blank" aria-labelledby="sharing-twitter-34" > <span id="sharing-twitter-34" hidden>Share on X (Opens in new window)</span> <span>X</span> </a></li><li class="share-facebook"><a rel="nofollow noopener noreferrer" data-shared="sharing-facebook-34" class="share-facebook sd-button share-icon no-text" href="https://biochartoday.com/news/industry/carbon-removal-startup-charm-industrial-lands-53-million-deal-business-insider/?share=facebook" target="_blank" aria-labelledby="sharing-facebook-34" > <span id="sharing-facebook-34" hidden>Share on Facebook (Opens in new window)</span> <span>Facebook</span> </a></li><li class="share-linkedin"><a rel="nofollow noopener noreferrer" data-shared="sharing-linkedin-34" class="share-linkedin sd-button share-icon no-text" href="https://biochartoday.com/news/industry/carbon-removal-startup-charm-industrial-lands-53-million-deal-business-insider/?share=linkedin" target="_blank" aria-labelledby="sharing-linkedin-34" > <span id="sharing-linkedin-34" hidden>Share on LinkedIn (Opens in new window)</span> <span>LinkedIn</span> </a></li><li class="share-reddit"><a rel="nofollow noopener noreferrer" data-shared="sharing-reddit-34" class="share-reddit sd-button share-icon no-text" href="https://biochartoday.com/news/industry/carbon-removal-startup-charm-industrial-lands-53-million-deal-business-insider/?share=reddit" target="_blank" aria-labelledby="sharing-reddit-34" > <span id="sharing-reddit-34" hidden>Share on Reddit (Opens in new window)</span> <span>Reddit</span> </a></li><li class="share-end"></li></ul></div></div></div><div class=

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