Block snaps up 1,500 tonnes of CO2 removals from algae pioneer Brilliant Planet

clock • 2 min read
Algae cells | Credit: iStock
Image:

Algae cells | Credit: iStock

UK-based Brilliant Planet is developing a pilot plant in Morocco, which harnesses algae to provide a nature-based carbon sequestration solution

Algae-focused carbon removal start-up Brilliant Planet has announced its first large-scale sale of carbon credits, having agreed a deal with fin-tech company Block that it claims will deliver the removal...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Offsets

UNDO secures 'global first' carbon removals financing deal

UNDO secures 'global first' carbon removals financing deal

UK enhanced rock weathering specialist agrees novel debt financing deal and offtake agreement to help scale up its carbon removals activities

Michael Holder
clock 12 September 2024 • 5 min read
Carbon offsetting and the SBTi: How to solve a problem like corporate supply chain emissions

Carbon offsetting and the SBTi: How to solve a problem like corporate supply chain emissions

Experts weigh in on the on-going row over the use of carbon credits to offset Scope 3 emissions, and what the future might hold for the Science Based Targets Initiative

Michael Holder
clock 11 September 2024 • 21 min read
This start-up aims to solve carbon removal's trust problem - and JP Morgan and Shopify have signed on

This start-up aims to solve carbon removal's trust problem - and JP Morgan and Shopify have signed on

Isometric is touting a new approach to verifying the authenticity of carbon credits, starting with some high-profile clients

Heather Clancy, Trellis
clock 30 August 2024 • 4 min read