Overview
- The coalition announced a new $915 million tranche that raises total corporate pledges to $1.8 billion and adds Anthropic as a backer.
- Future deals will be concentrated into roughly 10 to 15 targeted offtake contracts that run eight to ten years and extend through 2040.
- Frontier will require companies it signs to demonstrate a practical pathway to government subsidy or support before new contracts are approved.
- The group is focusing on technologies with potential to scale to gigaton-level removal, including direct air capture, enhanced rock weathering, ocean alkalinity enhancement, and biomass-based approaches.
- The funding boost strengthens the demand signal for startups but major risks remain because many removal methods are costly, lack large-scale verification, and must lower prices to reach widespread use.