London-based BeZero Carbon, a climate asset and liability management business, pre-purchased carbon-removal capacity from the Squamish, B.C.-based company’s direct-air-capture technology. BeZero’s customers can purchase those as part of a bundle or in individual units. (The Logic)

Talking point: This is the first time CE’s carbon-removal service can be purchased in small quantities. Its first marquee customer for its service, launched in March, is Shopify, which reserved 10,000 tonnes of carbon-removal capacity in what was “the largest publicly-announced corporate purchase” of removal at the time. Meanwhile, Burnaby-based Svante, another carbon-capture company, received $25 million from the federal government’s Strategic Innovation Fund’s Net Zero Accelerator initiative. It will create a new Vancouver centre, scale up manufacturing operations and test its technology. Carbon-removal purchases are gaining popularity as companies increasingly pledge to fight climate change, and major tech firms commit to becoming carbon neutral or carbon negative. Not everyone sees it as the Holy Grail in slowing climate change, however, as my colleague Martin previously reported.