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 💰 DOE Restores $1.2B for DAC Hubs and 5 Hydrogen Projects 🌏 CCUS Hub Study Identifies Five Asia-Pacific Hub Sites and Welcomes New Consortium Partners 🧪 Petronor and H2SITE Partn...
Inside This Issue 🧪 Trump List Of Saved Projects Spares $5 Billion Hydrogen Hubs ✈️ eFuels SEA Brings Infinium eSAF Technology To Southeast Asia 💰 XCF Global, Inc. Announces Receipt Of $10 Million...
Inside This Issue ⏸️ Microsoft's Carbon Removal Pause Puts A One-Buyer Market To The Test 🧱 Verde Developing Environmental Product Declaration (EPD) For Its Engineered Biochar In Road Materials 🌲 ...
BILBAO, Spain -- H2SITE, a technology company specialised in advanced hydrogen production and separation solutions, has signed a strategic agreement with Petronor, a leading refinery and key indust...
CCUS Hub Study Identifies Five Asia-Pacific Hub Sites and Welcomes New Consortium Partners
In Phase 2, the identified hubs will be further defined and optimised, with a focus on commercial model development and more rigorous regulatory gap assessment. The Study welcomes three new indust...
HOUSTON, April 20, 2026 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG) (“U.S. Energy” or the “Company”), an integrated energy company advancing a diversified industrial gas, energy, and carbo...
Carbonfuture Signs Multi-Year Agreement with Boeing to Supply Carbon Removal Credits
In what they claim is one of the aviation sector’s largest procurements of its type, Boeing and Carbonfuture have signed a multi-year agreement for at least 40,000 tonnes of high-durability carbon ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.