Frontier coalition backs ocean carbon removal solution in US$31mn deal
Ocean alkalinity enhancement has a credible path to under US$100 per tonne.
Members of the Frontier coalition have signed a US$31 million collective offtake agreement with a firm generating carbon removals from an ocean alkalinity enhancement project.
Frontier members will pay project developer Planetary US$31.3 million to remove 115,211 tonnes of CO2 between 2026 and 2030 by adding dissolved alkaline minerals to seawater, reducing ocean acidity.