ADM Plans Entry Into Carbon Market With Over 800,000 Tons Of Annual Removal Capacity
ADM•ADM plans entry into voluntary carbon market
Archer-Daniels-Midland Co. plans to enter the voluntary carbon market with over 800,000 tons of annual removal capacity.
- Carbon removal credits are to be generated from ADM's facility in Columbus, Nebraska.
- The initial issuance of credits is expected by year-end, pending audit completion.
- ADM said it will begin a 15-year crediting period for the Columbus carbon capture facility.
