Published by Todd Bush on January 3, 2025
Frontier Climate, a carbon-reduction fund founded by Stripe, Alphabet, Shopify, Meta, and McKinsey & Co., has partnered with CREW Carbon, a New Haven startup born out of research at Yale University.
Through an offtake agreement, Frontier Climate will pay CREW Carbon $32.1 million to remove 71,878 tons of carbon dioxide between 2025 and 2030.
CREW Carbon's wastewater treatment carbon removal system.
>> In Other News: U.S. Department of the Treasury Releases Final Rules for Clean Hydrogen Production Tax Credit
CREW Carbon has developed a system to capture carbon dioxide from the wastewater treatment process, which typically uses microbes grown in treatment tanks to break down organic waste. The process releases carbon dioxide.
CREW’s system adds alkaline minerals to the tanks, which react with the carbon dioxide, converting it into a more stable, benign form.
The resulting bicarbonate is discharged to oceans and rivers.
CREW Carbon partners with industrial and municipal wastewater operators to integrate carbon removal into their existing systems.
It has received funding from Connecticut Innovations’ $100 million ClimateTech Fund.
In an announcement, Frontier Climate said CREW Carbon’s approach “is easily scaled” and could remove more than 500 million tons of carbon dioxide per year.
“There are 100,000 wastewater treatment plants worldwide, and this approach requires little modification,” the announcement states.
CREW Carbon CEO and co-founder Joachim Katchinoff said the offtake agreement with Frontier Climate will enable CREW to “accelerate the integration of carbon removal into existing wastewater infrastructure at a significantly faster pace and scale.”
“This agreement not only allows us to expand our existing CO₂ removal projects but also benefits the wastewater sector by enabling safer and efficient wastewater treatment,” said Katchinoff, who earned his Ph.D. in geological and earth sciences/geosciences at Yale.
Frontier Climate has committed to invest $925 million toward carbon removal by 2030.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ SAF Isn’t a Buzzword Anymore - It’s 2025’s Breakout Fuel 🏅 Global Energy Prize Awarded to Three Scientists From China, USA and Russia ⚡ ACES Delta I Hydrogen Production and St...
Inside This Issue 🛢️ Exxon's Gas Strike, EPA Smackdown, and Carbon Curveball 🏭 MHI Awarded Contract for Basic Design of Japan's Largest CO₂ Capture Plant at Hokkaido Electric Power's Tomato-Atsuma...
Inside This Issue 🌊 The Quiet Rise of Offshore CO2 Storage: North America's Emerging Frontier for Carbon Capture 🍁 Canada Invests in Carbon Capture and Storage in Alberta 🛰️ Vortex Energy Finalize...
Spiritus Technologies PBC Plans Santa Fe, New Mexico, Operations
Spiritus Technologies PBC, a company engaged in sustainable carbon removal, plans to establish operations in Sante Fe, New Mexico. The project is expected to create 40 jobs. The company will lease...
ACES Delta I Hydrogen Production and Storage
World’s largest green hydrogen storage facility being developed in Utah with funding from the U.S. Department of Energy (DOE) Loan Programs Office will help scale low-carbon energy for western stat...
Partnership Signals Breakthrough Collaboration in Carbon Removal and Sustainable Fuel Development for $1 Billion Clean Fuels Facility Monroe Sequestration Partners (MSP), a premier carbon storage ...
National Carbon Capture Center Launches Novel UNOGAS MK3 Solvent Testing
A significant step forward in carbon capture is underway at the National Carbon Capture Center, where KC8 Capture Technologies' (KC8) advanced UNOGAS system – featuring the innovative UNO MK3 solve...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.