Carbonfuture Partners with Boeing for Carbon Credits; TITAN Project Nears Completion
Carbonfuture has secured a contract with Boeing for 40,000 metric tons of CO2 removal credits from biochar projects. The Horizon Europe-funded TITAN project is concluding its research phase, focusing on converting biogas into hydrogen and solid carbon, set to finish on August 31.
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Carbonfuture's agreement with Boeing involves supplying a total of 40,000 metric tons of carbon dioxide removal credits, sourced from four biochar projects. The TITAN project, funded by Horizon Europe, is set to complete its 48-month research phase, showcasing a method to convert raw biogas into hydrogen and solid carbon, with a formal close on August 31.
The collaboration signifies a growing trend in carbon credit markets, indicating increased industrial investment in sustainable practices. The success of projects like TITAN may influence future funding and regulatory support for bioenergy initiatives.
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