The generation of high-integrity carbon
credits will help meet the growing demand for carbon removal and
supply chain intervention projects while enabling CarbiCrete's
growth.
NEW
YORK, May 22, 2024 /PRNewswire/
- CarbiCrete, a leading firm in the decarbonization of
concrete, announced today that it has entered into a partnership
agreement with 3Degrees, a leading climate solutions provider
and certified B Corporation. The announcement was made at Carbon
Unbound East Coast, a summit bringing together business leaders,
investors, policymakers, academics, and buyers in the carbon
removal space.
CarbiCrete's patented process for making decarbonized concrete
eliminates cement-related emissions and removes carbon dioxide from
the atmosphere, by replacing cement with a steel-making by-product
and mineralizing CO2 into the concrete for permanent storage.
3Degrees will oversee the quantification and verification of the
emissions reductions generated by CarbiCrete's technology and
manage the sale of the environmental attributes, helping to meet
the market's growing demand for carbon removal and supply chain
intervention projects.
"We are tremendously pleased to be working together with
3Degrees to leverage the environmental markets," says Jacob Homiller, CarbiCrete's CEO. "This
partnership will allow us to accelerate the deployment of our
technology, reducing historic emissions while decarbonizing the
construction industry."
"We are very excited to accelerate CarbiCrete's growth by
enabling access to the carbon removal and supply chain intervention
markets," said Peter Weisberg,
Director of Development for 3Degrees.
CarbiCrete's technology is currently being deployed commercially
in Quebec by hardscape
manufacturer Patio Drummond. The company has also announced
partnerships that will lead to the use of CarbiCrete technology in
Ontario, through masonry producer
Canal Block, and France through
POINT.P, the main brand of Saint-Gobain, a worldwide leader in
light and sustainable construction.
About CarbiCrete
CarbiCrete is a Montreal-based
carbon removal technology company whose patented technology enables
the production of cement-free, decarbonized concrete made with
industrial by-products and captured carbon dioxide.
Carbicrete.com
About 3Degrees
3Degrees, a Certified B Corporation, makes it possible for
businesses and their customers to take urgent action on climate
change. We help organizations around the world achieve renewable
energy and decarbonization goals through our work with global
Fortune 500 companies, utilities, and other organizations that want
to join the fight against climate change. The 3Degrees team has
deep expertise in sustainability consulting, environmental markets,
renewable energy and carbon project development, transportation
decarbonization solutions, and utility renewable energy programs.
Together with our customers, 3Degrees helps develop and implement
creative solutions that ensure environmental integrity and make
good business sense. To learn more, visit us
at 3Degreesinc.com or follow us on LinkedIn and Twitter.
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SOURCE CarbiCrete Inc