Deep Sky sells carbon removal credits to Royal Bank of Canada and Microsoft

Type: Sale · Technology: Other · Country: Canada · Announced: 2024-11-13

Deep Sky agreed to sell an initial 10,000 tonnes of carbon removal credits (with options for an additional 1 million tonnes) to founding buyers including Royal Bank of Canada and Microsoft to support deployment and testing of DAC technologies at Deep Sky Labs in Innisfail, Alberta.

Counterparties

• Deep Sky (Seller)
• Microsoft Corporation (Buyer)
• Royal Bank of Canada (Buyer)

Source article

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