Frontier signs $11.7m carbon removal deal with 44.01

Frontier, a carbon removal consortium backed by Google, Meta and Stripe, signed an $11.7 million deal with 44.01 for 20,932 tons of CO2 removal via in-situ mineralization. Credits are expected from 2028 to 2031, with carbon captured at a UAE wastewater plant.

• Deal covers 20,932 tons of CO2 for $11.7 million
• Credits expected to be delivered from 2028 to 2031
• 44.01 pumps CO2 about 1,000 m deep to form carbonates
• Frontier's total commitments now reach $1.8 billion