CARBON CURVE
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View original ↗on blog.google
deal · 10 September 2024

Google ↔ Holocene

Google: a firm purchase of 100,000 t of direct air capture removal from Holocene.

BuyerGoogle
SupplierHolocene
Tonnes100,000 t
Amount$10,000,000
Price$100 per tonne
Capture pathwayDirect air capture
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionDirect air capture using amino acids and other organic compounds to continuously capture CO2 from ambient air. Once captured, the CO2 is concentrated and heated to low temperatures to create a pure stream of CO2 that can be transported and permanently stored.
Storage descriptionPermanent storage underground
Delivery windowearly 2030s
NotesPrice: $100 per ton (lowest price on record for DAC at time of announcement). Holocene qualifies for U.S. government's 45Q tax credit providing additional $180 per ton. Google provides upfront financial support with long-term commitment to accept credits. Technology combines elements of both liquid and solid-based DAC systems.
Durability defaultedtrue
Price derivationusd_amount/tonnes, derived not quoted
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
automatically extracted from the cited source; not yet reviewed by a person · discovered via carbon-removal-updates · extracted 2026-08-25

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