Graphyte, a carbon removal startup supported by Breakthrough Energy Ventures, has signed a carbon removal purchase agreement with American Airlines to deliver 10,000 tons of carbon dioxide (CO2) removal in early 2025 using Carbon Casting technology.
The Carbon Casting deployment will take place at a Graphyte facility in Pine Bluff, Arkansas, at an intersection of major agricultural and timber production areas.
Graphyte's Carbon Casting process leverages readily available biomass byproducts, including crop and wood residues, which capture significant CO2 from the atmosphere through photosynthesis.
The biomass is dried to prevent decomposition, converted into dense carbon blocks, wrapped in an environmentally safe polymer barrier, and monitored in a state-of-the-art underground storage facility.
The process permanently removes and stores CO2 with significantly less energy and reduced cost as compared to the existing carbon removal approaches.
"The agreement demonstrates the growing demand for affordable and scalable high-quality carbon removal credits and the ability of Carbon Casting technology to make a significant impact in the fight against climate change in the very near term,” said Barclay Rogers, CEO of Graphyte.
American Airlines aims to reach net-zero emissions by 2050 and is investing in a variety of technologies to reduce its carbon footprint. The company plans to accelerate and scale the CO2 removal market with the purchase of carbon removal credits from Graphyte.