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Planetary Delivers First Net Ocean Alkalinity Enhancement (OAE) Credits to Shopify, Stripe

Newswire.ca - Mon Nov 18, 7:00AM CST

HALIFAX, NS, Nov. 18, 2024 /CNW/ - Planetary Technologies is thrilled to announce the delivery of the world's first net Ocean Alkalinity Enhancement (OAE) credits, a major milestone in carbon removal. A total of 138 net tonnes of OAE credits, generated from Planetary's project in Halifax Harbour, has been delivered to the advance market commitment group Frontier, with allocations to Shopify (96 tonnes) and Stripe (42 tonnes) under a 2023 prepurchase agreement.

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