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Star-studded buyers group funds project to capture emissions from burning trash

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By illuminem briefings

· 2 min read


illuminem summarises for you the essential news of the day. Read the full piece on Trellis or enjoy below:

🗞️ Driving the news: A buyers group led by Alphabet, Stripe, and others under the Frontier initiative has committed $31.6 million to retrofit Norway’s largest waste incineration plant with carbon capture technology
Operated by Hafslund Celsio in Oslo, the facility burns 350,000 tonnes of residual waste annually and will capture the same amount of CO₂
The captured carbon will be shipped to the Northern Lights storage site in Europe

🔭 The context: Frontier, a $1 billion carbon removal fund, supports early-stage technologies and has already committed over $550 million
This marks one of the first large-scale retrofits of a waste-to-energy plant for carbon removal
The project is co-financed by the city of Oslo and Norway’s Longship initiative

🌍 Why it matters for the planet: Capturing CO₂ from waste incineration is crucial for managing non-recyclable plastic and organic waste emissions
With 500 similar plants in Europe, this model could enable up to 400 million tonnes of CO₂ capture by 2050
It offers a scalable solution where recycling is not possible

⏭️ What's next: The project will deliver 100,000 tonnes of biogenic carbon removal credits between 2029 and 2030
If successful, the model could be replicated across Europe’s district heating facilities
The EU may also soon regulate waste incineration emissions under its carbon trading scheme

💬 One quote: “Frontier buyers are not only enabling this project... but also validating a model that could be replicated through Europe,” - Jannicke Gerner Bjerkås, Director of CCS at Hafslund Celsio

📈 One stat: Europe could capture up to 400 million tonnes of CO₂ annually by retrofitting 500 waste-to-energy plants by 2050

See here detailed sustainability performance of companies like Alphabet, Stripe, H&M, Autodesk, JPMorgan Chase, and Salesforce

Click for more news covering the latest on carbon capture and storage

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