Carbon removal buyer coalition Frontier announced a new $41 million offtake agreement with bioenergy carbon capture & storage (BECCS) company storage Arbor, to remove 116,000 tons of CO2 between 2028 and 2030, on behalf of companies including Google, Shopify, and H&M Group.
The new offtake agreements will enable Arbor to proceed with its first commercial-scale plant near Lake Charles, Louisiana, which is targeting fully operational status by 2028, and to test the viability of its new, highly efficient BECCS approach for generating clean electricity and removing CO2.
Arbor was founded in 2022 by veterans of SpaceX,
