deal · 26 July 2023

Block Inc. ↔ Brilliant Planet

Block Inc.: a firm purchase of 1,500 t of other emerging (escape hatch; 3 records on the same thing → new code) removal from Brilliant Planet.

BuyerBlock Inc.

SupplierBrilliant Planet

Tonnes1,500 t

Capture pathwayOther emerging (escape hatch; 3 records on the same thing → new code)

Storage mediumunknown

Commitment typefirm

Deal structureofftake

Source pathway descriptionGrowing local strains of marine algae on land in coastal desert areas, after which algae biomass is harvested, rapidly solar dried and then buried underground on site.

Storage descriptionCarbon sequestered and stable for over 1,000 years

Delivery windowby 2027

Project locationMorocco

NotesDeal facilitated through Watershed marketplace. Delivery of 1,500 tonnes by 2027 at planned demonstration facility in Morocco with construction scheduled to begin Q2 2024. Facility planned to increase capacity to 1 million tonnes CO2/year by 2030. Part of Block's corporate sustainability program to achieve carbon neutrality by 2030.

Durability defaultedtrue

automatically extracted from the cited source; not yet reviewed by a person · discovered via carbon-removal-updates · extracted 2026-08-24

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More: Brilliant Planet · Other emerging (escape hatch; 3 records on the same thing → new code)