Home / Environment / Canada Delivers First Verified Direct Air Capture Credits
Canada Delivers First Verified Direct Air Capture Credits
29 Jun
Summary
- Deep Sky is the first North American firm to deliver verified carbon removal credits.
- Direct air capture removes carbon from the atmosphere, unlike industrial capture.
- Credits are verified by Isometric and delivered quarterly to clients like Microsoft.
Canada's Deep Sky has made history by becoming the first North American company to supply verified carbon removal credits derived from direct air capture (DAC) technology. This groundbreaking announcement revealed that Microsoft and Royal Bank of Canada are among its first clients to receive these credits. Unlike conventional carbon capture, DAC technology actively removes greenhouse gases already present in the atmosphere.
Deep Sky's pilot facility in Alberta, operational since last summer, is designed to capture 3,000 metric tons of CO2 annually. The recently verified credits stem from Deep Sky's first carbon injection in May, where 14 tons of carbon were captured. The company is committed to regular underground injections, with clients like Microsoft and RBC receiving credits on a quarterly basis.
Despite the high cost and scalability challenges associated with DAC, there is a growing global demand for high-quality, verified carbon removal credits. Tech companies, facing increased emissions from AI data centers, are actively seeking these credits. Deep Sky also has agreements with TD Bank, Lufthansa, and Engie, and plans to develop a large-scale commercial DAC project in Canada once its test hub is fully established.
