RCS - Karbon-X Project Inc - Karbon-X and Drax Officially Launch Partnership

Karbon-XAnnouncement

24/09/2024 19:15

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RNS Number : 5073F  Karbon-X Project Inc.  24 September 2024

Karbon-X and Drax Officially Launch Revolutionary Partnership in Green Energy
and Sustainability

New agreement to facilitate transactions in carbon offsets between Karbon-X
Corp and Drax Group PLC accelerates large-scale carbon removal efforts and
sustainable energy generation, paving the way for transformative climate
action.

CALGARY, AB / ACCESSWIRE / September 24, 2024 / Karbon-X Corp. and Drax Group
PLC are proud to announce the official launch of a new agreement to broker
transactions in carbon offsets, building upon the successful Carbon Dioxide
Removal (CDR) agreement established earlier this year to remove 25,000 tons of
carbon dioxide from the atmosphere. This collaboration aims to drive
innovation in carbon removal and green energy generation, marking a
significant step in our collective mission to combat climate change.

Karbon-X, known for its advanced carbon offsetting technology, is aligning
with Drax Group PLC, a leader in sustainable energy projects, to create
integrated solutions for large-scale carbon removal and overall sustainability
efforts. This agreement represents a vital component in the effort to
transition economies from carbon emission producers to active participants in
carbon reduction and removal.

"We are excited to collaborate with Karbon-X, who understands the importance
of investing in high-value carbon removals today. This new agreement to broker
carbon removal and emissions, along with the 25,000-ton deal agreed earlier
this year, represents significant progress in our mission to combat climate
change and build a more sustainable future. With Elimini, we're creating a
different kind of carbon removals company-one that addresses several
fundamental challenges on the route to delivering net zero. This agreement
with Karbon-X is another major step forward in delivering Bioenergy with
Carbon Capture and Storage (BECCS) in the United States," said Ross McKenzie,
SVP of Corporate Affairs & Business Development at Drax.

By combining Drax Group PLC's large-scale energy expertise with Karbon-X's
innovative carbon offsetting solutions, we are poised to set new standards for
how technology and energy generation can work together to reduce carbon
emissions and promote a cleaner, more sustainable world.

About Karbon-X:

Karbon-X is a leading carbon offset solution provider, focused on helping
individuals and businesses reduce their environmental impact. By leveraging
cutting-edge technology and strong broker agreements, Karbon-X makes carbon
offsetting and sustainability accessible to everyone, driving positive change
for the environment and supporting global sustainability goals. To learn more,
visit www.karbon-x.com (https://pr.report/2xld)

About Elimini:

Elimini exists to remove carbon for good. The company has an ambition to be
the world's leading carbon removal company and to transform the carbon
removals market through the deployment of bioenergy with carbon capture and
storage (BECCS) technology at scale. By working with partners across its value
chain, Elimini aims to permanently remove carbon from the atmosphere at
megaton scale while generating 24/7 renewable, reliable power. For more
information, visit www.elimini.com (https://pr.report/2xl8) .

Disclaimer:

This release may include forward-looking statements. Actual results may vary.

Media Contact:

Chad Clovis

cc@karbon-x.com

1-778 256-5730

CEO

Karbon-X Corp

SOURCE: Karbon-X Project Inc.

 

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