Frontier has facilitated its first set of carbon removal offtake agreements with Charm Industrial, totalling $53 million. These agreements commit Frontier buyers to purchase 112,000 tonnes of CO₂ removal between 2024 and 2030, utilising Charm Industrial's biomass carbon removal and storage (BiCRS) technology. The price per tonne will decline by at least 37% over the period, reflecting anticipated scaling and potential government incentives. Founding members including Stripe, Alphabet, Shopify, Meta, and McKinsey Sustainability are among the buyers, alongside others purchasing via Watershed's partnership with Frontier. This initiative aims to scale permanent carbon removal solutions by providing guaranteed future demand.
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