GILLETTE, Wyo. — A company that’s developing a new direct air carbon capture project in Wyoming announced March 22 that it’s partnered with Microsoft to provide engineered carbon removal credits.
The company, CarbonCapture, is developing Project Bison, a large direct air capture facility that it says will capture and store 5 million tons of atmospheric CO2 per year by 2030, according to a news release. The company said it expects the project will be the first commercial-scale project to utilize Class VI injection wells to permanently store CO2 captured from ambient air and the nation’s first massively scalable DAC project.
“We’re thrilled to help Microsoft move toward its commitment to be carbon negative by 2030 and to remove all of its historic CO2 emissions by 2050,” CarbonCapture CEO and CTO Adrian Corless said. “Validation of CarbonCapture’s scalable approach to DAC from a forward-thinking company like Microsoft is an important signal to the entire market, demonstrating the value of high-quality carbon removal credits.”
Microsoft Carbon Removal Portfolio Director Phillip Goodman said Microsoft’s pursuing permanent, durable carbon removal, and purchasing DAC carbon removal credits is integral to that goal.
“This agreement with CarbonCapture helps us move toward our carbon negative goal, while also helping to catalyze the growth of the direct air capture industry as a whole,” Goodman said.
The world must dramatically reduce current emissions and remove 6-10 billion tons of carbon dioxide per year by 2050 in order to remain on a path to limiting global warming to 1.5°C, the release said. CarbonCapture said its technology platform allows for plug-and-play upgrades, mass production, unlimited scalability and rapid technology iterations. It captures atmospheric CO2 for either permanent removal or for utilization in low-carbon synthetic fuels, concrete and other industrial products.
Project Bison’s a partnership between CarbonCapture Inc. and Frontier Carbon Solutions. If the project gets regulatory approval, operations are expected to begin in late 2023.