Carbonbyte Competitors

Drax is enabling a zero carbon, lower cost energy future Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It is the UK’s largest source of renewable electricity. The company also operates a global bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. The Group employs 3,400 people in the UK and North America. Enabling a zero carbon, lower cost energy future is Drax Group’s purpose and in 2019, it announced a world-leading ambition to be carbon negative by 2030, using Bioenergy with Carbon Capture and Storage (BECCS) technology to remove carbon dioxide (CO2) from the atmosphere at scale whilst delivering reliable renewable electricity.

Mitigating the worst impacts of climate change by developing the world’s most cost-effective DAC technology to permanently remove CO2 from the atmosphere. Our technology rapidly accelerates the natural processes that enable limestone to absorb carbon dioxide from the air from a timespan of years to days. In 2023, Heirloom established the first and only Direct Air Capture facility in North America that permanently captures CO2. Our customers are the world’s biggest buyers of carbon removal including Microsoft, JP Morgan, McKinsey, Stripe, Shopify and more.

Charm Industrial is working to return the atmosphere to 280 ppm CO₂. We design, build and operate a fleet of mobile fast pyrolyzers that convert ag and forest biomass residues into Charm Bio-oil and Charm Biochar for use in permanent carbon removal. At scale, Charm Bio-oil can be used to reduce iron ore into metallic iron to help decarbonize industrial emissions from steelmaking. In 2020, our Chief Scientist and co-founder had a breakthrough to sequester bio-oil that kickstarted the company. Within 10 months we completed our first carbon removal injection and we have completed more than 7,200 tons of Carbon Dioxide Equivalent removal for customers like Stripe, Shopify, JP Morgan and Microsoft. Charm leads the industry with a transparent ledger and helped build a verification model that reduces the risk of over-crediting. Charm isn’t just removing carbon, we’re also improving communities and ecosystems we operate in today. Charm partners with communities to create new jobs, reduce wildfire risk, improve air quality, and safely close abandoned oil wells.