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Terradot has acquired Eion to enhance its carbon removal efforts through enhanced rock weathering (ERW), which involves crushing rocks to capture CO₂. The merger positions the combined entity to utilize over 400,000 tons of carbon removal credits, including a 170,000-ton contract with Frontier, which invested $1 billion in carbon removal technologies.

While ERW is scientifically supported, scalability remains uncertain, with energy-intensive extraction processes posing environmental concerns. The carbon credit market is slowing, with many companies struggling to deliver on their promises, making mergers like this essential for growth.