View original ↗on bluskycarbon.com
deal · 25 June 2024
SQUAKE.earth GmbH ↔ BluSky Carbon
SQUAKE.earth GmbH: a firm purchase of biochar removal from BluSky Carbon.
BuyerSQUAKE.earth GmbH
SupplierBluSky Carbon (stated as BluSky Carbon Inc.)
Amount$1,250,000
Capture pathwayBiochar
Storage mediumsoil
Commitment typefirm
Deal structureofftake
Source pathway descriptionSale of Biochar CO2 removal credits based on mutually agreed quality standards subject to minimum quantities tCO2e (tonnes of carbon dioxide equivalent or carbon credits) purchased commencing in 2024 to Q1 2026
Storage descriptionPermanent retirement (i.e., no longer tradeable)
Delivery window2024 to Q1 2026 with option for one-year extension
Notes2-year offtake agreement with option to expand up to US $1.6 Million. SQUAKE has the option to request extension by January 18, 2026. Estimated term value of €1,162,000 EU (approx. US$1.25 Million) per date of agreement, subject to currency fluctuations.
Durability defaultedtrue
Previous durabilitydurable-100y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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More: BluSky Carbon · Biochar