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 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Approval in Principle (AiP) for World's First LCO₂ / Methanol Carrier
Tokyo, June 30, 2025 - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Mitsui O.S.K. Lines, Ltd. (MOL) have acquired Approval in Principle (AiP)(Note1) fro...
KAIST AI Advances CO₂-Selective Material Discovery
_Korea Advanced Institute of Science and Technology_In order to help prevent the climate crisis, actively reducing already-emitted CO₂ is essential. Accordingly, direct air capture (DAC) — a techno...
Arca’s Carbon Removal Methodology Successfully Validated by DNV
Arca, a leader in carbon mineralization technology, has announced the successful validation by DNV, the independent energy expert and assurance provider, of its innovative methodology for permanent...
Massive Investment in Ascension Parish Targets Green Steel, Job Growth, and Hydrogen Infrastructure ASCENSION PARISH, La. — Hyundai has announced plans to invest $6 billion in a cutting-edge, hydr...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.