NextGen CDR (NextGen), one of the world’s largest diversified portfolios for permanent carbon dioxide removals (CDRs), announced at the Futures Summit 2024 that it will purchase CDRs from India’s leading CDR developer, Alt Carbon, scaling Asia’s carbon removal market. NextGen and Alt Carbon were joined on stage by joint venture partners South Pole and Mitsubishi Corporation at the event celebrating the offtake agreement. Alt Carbon spreads basalt on tea plantations in the Himalayan foothills, where the humid weather conditions speed up the rock’s ability to remove CO₂ from the atmosphere…
Read MoreNextGen – a South Pole and Mitsubishi Corporation joint venture – signs historic deal with Alt Carbon to scale Asian CDR from India’s tea plantations
