The e-commerce firm claims it has now purchased more Direct Air Capture (DAC) carbon removal than any other company and is urging other firms to follow suit.
Shopify agreed to purchase 10,000 tonnes of removal from Carbon Engineering, adding to a previous 5,000-tonne commitment to Climeworks.
DAC is a technology that directly pulls in atmospheric air and extracts carbon dioxide (CO2) using simple chemical reactions.
Carbon Engineering’s US-based partner 1PointFive are currently jointly engineering their first industrial-scale facility, which is expected to be operational in 2024.
It should be able to capture up to one million tonnes of CO2 each year and Shopify has agreed to purchase 10,000 tonnes of permanent carbon dioxide removal through this service.
Shopify said it made the move to send “a clear market signal” that buyers are looking for permanent carbon removal and that large-scale DAC technology is a key solution to solving climate change.
It...