Published by Todd Bush on February 18, 2025
The Mercedes-AMG PETRONAS F1 Team is partnering with Chestnut Carbon to drive large-scale carbon removal projects across the Southeastern United States. The initiative aims to restore 200 hectares (~500 acres) of degraded farmland into thriving biodiverse forests, aligning with the team’s sustainability goals.
While emissions reduction remains a priority, the team acknowledges the need for high-quality carbon removals to address unavoidable emissions, in line with Oxford Offsetting Principles.
>> In Other News: BKV Announces Strategic Partnership for South Texas CCS Facility
The initiative aligns with the Gold Standard for Global Goals, ensuring third-party auditing, conservative carbon accounting, and lasting impact.
Toto Wolff, CEO & Team Principal, Mercedes-AMG PETRONAS F1 Team:“We are determined to lead by example in sustainability. This collaboration is a crucial step in addressing our residual emissions and reaffirms our commitment to becoming one of the most sustainable global sports teams.”

**Toto Wolff, CEO & Team Principal, Mercedes-AMG PETRONAS F1 Team**
Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team:“Working with Chestnut Carbon enables us to support projects that sequester carbon while benefiting biodiversity and local communities. This investment is key to our broader carbon removal strategy.”

**Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team**
Ben Dell, CEO, Chestnut Carbon:“We’re proud to partner with Mercedes-AMG PETRONAS F1 to deliver high-quality, nature-based carbon removals. Our long-term commitment ensures environmental integrity and community engagement for sustainable impact.”

**Ben Dell, CEO, Chestnut Carbon**
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✅ Verra's CCS Credits Just Got the Integrity Seal Buyers Want 💰 South Korea Unveils $747 Billion Energy Transition Plan Through 2035 💧 Hydrogen and Carbon Capture and Storage in ...
Inside This Issue 🌲 ARC Bio Tests a Refinery Shortcut to Forest-Based SAF 💧 Scientists Just Found a New Way to Make Hydrogen from Water 🤝 How Channel Partnerships Are Helping More Organizations Ta...
Inside This Issue 🏦 How Carbon Removal Offtakes Are Starting to Unlock Commercial Debt 🌉 California Opens the Door to a Three-Way Carbon Market 🧪 New Material Developed at Oregon State Provides Bo...
Gevo and ClimeFi Complete Carbon Removal Transaction, Advancing Gevo's Growing Carbon Business
Transaction supports Gevo's path toward a carbon business exceeding $30 million in annual revenue from existing operations ENGLEWOOD, Colo., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: G...
ZeroMe Launches OffsetC App to Bring Transparency and Personal Agency to Carbon Offsetting
NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- ZeroMe, Inc. today announced the launch of the OffsetC carbon offset app, designed to make buying carbon credits more transparent, more accessible, and e...
CALGARY, AB, Oct. 8, 2026 /CNW/ - Gas Liquids Engineering Ltd. (GLE) is pleased to announce the successful completion of its detailed engineering scope for Enhance Energy Inc.'s Origins Carbon Capt...
Ballard Secures 4.8MW Order From Siemens Mobility to Power Hydrogen Trains in Romania
24 FCrail™ fuel cell modules will power 12 Mireo Plus H trains, Romania’s first hydrogen fleet and the platform’s largest deployment to date. VANCOUVER, CANADA and MUNICH, GERMANY – Ballard Power ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.