'World first': Ocado teams up with Climeworks to fund removal of 1,000 tonnes of CO2 from the atmosphere

clock • 2 min read
Climeworks’ direct air capture & storage plant Orca permanently removes CO2 from the air | Credit:Climeworks
Image:

Climeworks’ direct air capture & storage plant Orca permanently removes CO2 from the air | Credit:Climeworks

Online supermarket has reached a deal with carbon capture specialist Climeworks to help tackle its residual emissions

Ocado Retail has paid for 1,000 tonnes of carbon dioxide to be removed from the atmosphere in support of its net zero plans, in a deal with direct air capture (DAC) specialist Climeworks that is thought...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Bea Tridimas

View profile
More from Bea Tridimas

Leading water companies pledge to tackle sewage storm spills in UK rivers

Jaguar Land Rover partnership revs up plan to give new life to old batteries

More on Carbon Trading

'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025
Carbon Trading

'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025

New data from Sylvera shows increased activity and a continuing market shift towards higher quality and compliance grade carbon credits

Amber Rolt
clock 02 July 2025 • 5 min read
NAO warns 'uncertainties' could undermine future effectiveness of UK ETS
Carbon Trading

NAO warns 'uncertainties' could undermine future effectiveness of UK ETS

Greater policy and price certainty needed to ensure effectiveness of UK’s Emissions Trading Scheme (NAO)

Michael Holder
Michael Holder
clock 30 June 2025 • 3 min read
The UK Emissions Trading Scheme: Vitally important but often overlooked
Carbon Trading

The UK Emissions Trading Scheme: Vitally important but often overlooked

The government must be clear on the contribution it expects different interventions - including the ETS - to make as part of its overall plan for net zero, writes Simon Bittlestone from the National Audit Office

Simon Bittlestone, National Audit Office (NAO)
clock 30 June 2025 • 4 min read