Charm Industrial

Charm Industrial puts a carbon-rich bio-oil made from corn stalks and forestry residues back into US Environmental Protection Agency (EPA)-regulated wells, where it sinks and solidifies in place, becoming permanent carbon removal. Charm transparently shares the full life-cycle emissions of all completed deliveries on its carbon ledger. In 2023, Frontier Climate announced its first offtake purchase of $53 million from Charm to remove over 100,000 tonnes of CO2e permanently over seven years. JP Morgan Chase also announced a separate five-year purchase from Charm. At scale, Charm will use the bio-oil to make fossil-free iron, turning the 6% of global emissions from ironmaking negative.