Beaver Lake Renewable Energy to sell Microsoft carbon removal units

In Louisiana, C2X LTD has, through its subsidiary Beaver Lake Renewable Energy LLC, signed a long-term agreement with Microsoft for the sale and purchase of high-quality engineered carbon removal units (“CRUs”) from its Beaver Lake project in Louisiana. Beaver Lake, a low-carbon fuels project under development by C2X, will deliver 3.6 million high-quality engineered CRUs to Microsoft over a 12-year period.

C2X is developing the Beaver Lake bio-methanol plant near Pineville, Louisiana, on the site of a former paper mill.  The facility is designed to convert locally and sustainably sourced forestry residues into bio-methanol and biogenic CO2 that will be subsequently captured. In addition to producing over 500,000 metric tons of bio-methanol annually at full scale for global and US customers in the shipping, aviation, chemicals and industrial sectors, it will capture and store around 1 million metric tonnes of CO2 annually.

Under this agreement, Beaver Lake will deliver CRUs, each representing one metric ton of carbon dioxide that has been durably removed from the atmosphere and permanently stored in secure geologic formations in Louisiana. All associated lifecycle emissions—including those from relevant biomass sourcing, facility operations, and downstream transportation— will be accounted for and subtracted to ensure net carbon removal. Any carbon benefits will be allocated between the bio-methanol and CRUs to assure no double counting. The project will be registered, and CRUs ultimately issued on, an ICROA-endorsed registry, which includes verification by an independent third-party. The project will additionally follow practices to ensure sustainable biomass sourcing, including alignment with the principles outlined in EU RED III.