Frontier has stated that it has entered offtake agreements with CO280 and CREW Carbon. As part of the agreements, Frontier will be investing $80 million in CO2 removal solutions. This investment into CO2 removal solutions falls in line with the strategy by Frontier to accelerate carbon removal technology development.
CO280’s Carbon Removal Project
CO280 will get $48 million in exchange for the removal of 224,500 tons of CO2 between 2028 and 2030. The company focuses on upgrading pulp and paper mills to capture CO2 emissions emitted as by-products of pulp processing activities.
The company uses a carbon removal mechanism that collects biogenic CO2 from recovery boilers at pulp mills. This CO2 is then transported and permanently stored in Class VI wells, ensuring long-term carbon sequestration.
Also read: Frontier Carbon Solutions Launches SCS Hub to Tackle Industrial Emissions
CREW Carbon’s Role in CO2 Removal
CREW Carbon will secure $32.1 million for the removal of 71,878 tons of CO2 between 2025 and 2030. This part of the deal is similar to the agreement with CO280. CREW Carbon partners with wastewater treatment plants to deploy carbon removal systems.
The company adds alkaline minerals to the wastewater treatment tanks, in which microbes produce biogenic CO2. This process converts the CO2 into stable aqueous bicarbonate ions, either safely released into bodies of water or stored underground.
Benefits of Frontier’s Investment
This partnership highlights Frontier’s commitment to supporting scalable carbon removal technologies. By investing in solutions like CREW Carbon and CO280, Frontier is helping stimulate the growth of carbon reduction methods with the potential for rapid expansion.
CREW Carbon installs a monitoring system at treatment plants to measure the amount of carbon dioxide captured in the process. The precision of this system allows for accurate quantification and reporting of carbon removal outcomes.
The Frontier Coalition
Frontier, founded by companies such as Stripe, Google, Shopify, and McKinsey Sustainability, has expanded to include several industry giants. Autodesk, H&M Group, Workday, and Salesforce are also involved in this ambitious investment initiative.
Other partners, including Aledade, Canva, Match Group, Samsara, SKIMS, Skyscanner, Wise, and Zendesk, are making their purchases through Frontier’s partnership with Watershed.
Looking Ahead
With this investment, Frontier aims to catalyze the scaling of carbon removal solutions. The coalition hopes to drive more companies to adopt technologies that can quickly tackle carbon emissions. This move is essential for addressing the climate crisis and achieving ambitious net-zero goals.