Frontier buyers commit $46.6M for 72,400 tonnes of DAC carbon removal

Frontier has facilitated direct air capture (DAC) offtake agreements totalling $46.6 million with CarbonCapture Inc. and Heirloom, securing 72,400 tonnes of permanent CO₂ removal. CarbonCapture will remove 45,500 tonnes by 2028 for $20.0 million, while Heirloom will remove 26,900 tonnes by 2030 for $26.6 million. These agreements include options for future purchases at lower prices, reflecting anticipated cost reductions in DAC technology. Buyers include founding members Stripe, Alphabet, Shopify, Meta, and McKinsey Sustainability, alongside other corporations.