Durable CDR market sees 362,000 tonnes contracted in June 2026
The durable carbon dioxide removal (CDR) market saw approximately 362,000 tonnes contracted in June 2026, driven by multiple significant deals. Altitude and Equilibrium signed an 8-year, 180,000-tonne biochar offtake, while JP Morgan Chase agreed to purchase 61,500 tonnes from Charm Industrial and invested $20 million in the company. Microsoft secured 36,920 tonnes of enhanced weathering credits from Alt Carbon and purchased North America's first certified direct air capture (DAC) credits from Deep Sky. TD Bank also signed agreements for 18,000 tonnes of CDR with Deep Sky and a multi-pathway portfolio with Climeworks Solutions.
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