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Eion Signs Contract to Deliver 8,000 Tons of CO2 Removal Credits to Microsoft

Eion Signs Contract to Deliver 8,000 Tons of CO2 Removal Credits to Microsoft

09/24/24, 12:09 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgprinceton
Money
$3 million
Industry
agriculture and farming
Type
contract
Eion has announced a contract to deliver 8,000 tons of permanent CO2 removal to Microsoft by deploying olivine on farmland, following the fall harvest. Every ton of carbon removed will be verified through Eion’s patented direct measurement approach and will be delivered over five years. Additionally, Eion has secured $3 million in Series A extension funding to build on commercial traction, deliver new contracts, and further invest in R&D through a partnership with Growmark, allowing access to millions of acres across the US and working with farmers in the Midwest to deploy rock weathering at a larger scale.

Company Info

Company
Eion
Location
princeton, west virginia, united states
Additional Info
Eion works with American heartland communities to safely and permanently remove CO2 through enhanced rock weathering (ERW). We figured out how to measure ERW in the field and turn it into a scalable climate solution that removes carbon dioxide, improves soil health, and puts people to work.

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