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DEVELOPING: Google & Microsoft's Terradot Absorbs Carbon Removal Rival!

DEVELOPING: Google & Microsoft's Terradot Absorbs Carbon Removal Rival!

Terradot is acquiring competitor Eion. The carbon removal startup announced the deal today. The acquisition will reshape the enhanced rock weathering (EWR) landscape.

The sale was driven by investor demand. Large investors want companies that can handle big contracts. Eion was deemed too small to compete.

Both companies use EWR to remove carbon dioxide. They spread pulverized rocks on farm fields. This accelerates a natural process.

Terradot operates in Brazil. Eion works in the U.S. The spread between costs and prices remains wide.

This is a developing story. Further details are expected. We will provide updates as they become available.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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