A new proposal in the U.S. Senate, called the CREST Act, could change how the country handles carbon emissions. It introduces a tax credit specifically aimed at biomass carbon removal and storage (BiCRS).
Backed by bipartisan support, the legislation supports the expansion of sustainable biomass projects that help pull carbon dioxide out of the air and store it safely. The bill hopes to boost much-needed investment in carbon removal just as demand grows sharply to address climate change.
How Will the CREST Act Support Carbon Removal?
The Carbon Removal Enhancement and Storage Tax (CREST) Act offers financial support for projects that remove and store carbon using biomass. This includes materials like wood, crop waste, and other organic matter. These materials naturally absorb carbon during growth, which can then be captured and stored through advanced processing methods like pyrolysis or gasification.
The main goal of the tax credit is to make these efforts more affordable and attractive to investors. Too often, biomass carbon removal projects struggle with financial uncertainty. Without strong incentives, many projects find it difficult to grow or even launch. The CREST Act aims to change this.
These tax credits would work much like similar credits for solar or wind power, helping companies offset costs and take on larger, long-term projects. This move could unlock more innovation and drive better carbon capture technology.
Why Biomass Could Be a Game-Changer for Carbon Removal
Biomass carbon removal uses organic materials—like trees or crops—to draw CO₂ from the air. Captured carbon can be stored underground or changed into products like biochar. Biochar is a solid carbon form that boosts soil health and traps carbon for hundreds of years.
This approach does more than lower emissions. It also helps rural communities. Many of these projects use forest or farm waste, creating jobs and boosting local economies. According to a USDA assessment, biomass can play a key role in sustainable agriculture and carbon management.
Still, scaling up biomass carbon removal faces challenges. It requires advanced infrastructure and clear policies to show that captured carbon will stay stored. The CREST Act would help by offering the financial support needed to build that infrastructure and refine these methods.
From CO₂ Cuts to Healthier Forests: CREST’s Broader Impact
Improving biomass carbon removal could reduce emissions while also benefiting the environment in other ways. Here’s how:
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Lower Greenhouse Gases. Biomass captures carbon from the atmosphere, which can then be stored long-term. This reduces the amount of CO₂ contributing to climate change.
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Healthier Forests and Farmland. Waste from agriculture and forestry is reused, helping prevent wildfires and supporting soil health.
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Rural Development. More projects mean more jobs and steady income for farming and forestry communities.
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Stable Carbon Storage. Technologies like biochar or carbon injection into geological formations keep carbon out of the atmosphere for long periods.
The success of these systems depends on strong rules. Experts warn that it’s important to track and verify every ton of carbon captured. With clear standards, this industry can provide real environmental value and win public trust.
Analysts See Growth in Biomass-Based Removal
Market analysts see strong growth potential for carbon removal, especially following this type of legislation. The global carbon market was worth $272 billion in 2020, and it keeps growing as countries adopt climate goals.
However, biomass has often been left behind due to a lack of support. Many government programs have favored industrial carbon capture, not biomass.
The CREST Act fills this gap. By targeting biomass carbon pathways with specialized tax credits, it offers the predictability investors want. Cutting dependence on unstable carbon credit prices helps attract private capital to sustainable biomass projects.

Industry leaders say this tax credit could drive innovation in methods like:
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Pyrolysis – converting plant material into carbon-rich biochar
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Combustion – managing heat energy for carbon storage
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Gasification – turning biomass into gas-based fuel and capturing carbon
These tools could help develop a larger, more flexible carbon management system. With stronger funding, companies can improve accuracy, model carbon removal better, and ensure permanence in storage.
What the Numbers Say: Biomass Carbon Removal Is Surging
The carbon dioxide removal (CDR) market is growing fast. This shows that companies and governments are more committed to climate goals.
By 2025, the global carbon dioxide removal market could be about $842 million. It could grow at around 14% to nearly $2.85 billion by 2034. This growth comes from more people knowing about and using natural and tech carbon removal methods, like biomass-based approaches.
Biomass carbon removal is gaining traction. This includes methods like pyrolysis to make biochar, gasification, and combustion with carbon capture.
Biochar projects made up 86% of carbon removal purchases by volume in 2024. This shows how dominant the sector is in the CDR market. BiCRS refers to biomass carbon removal & storage, which includes BECCS and BCR.

The market for durable carbon removal credits is growing fast. These credits ensure long-term carbon storage. Forecasts say this market could hit $14 billion by 2035, at a growth rate of 38% from 2025 to 2035.
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In the first quarter of 2025, about 780,000 carbon removal credits were contracted. This is a 122% increase from the same time in 2024.

The rising demand shows that companies want reliable, verified carbon credits to reach their net-zero goals.
The carbon removal market, which includes Direct Air Capture (DAC), Bioenergy with Carbon Capture and Storage (BECCS), and enhanced weathering, is valued at about $2 billion. It could grow to $40 billion by 2030 and may even surpass $250 billion by 2035.

Biomass carbon removal is key in this ecosystem. It offers scalable, nature-based solutions. Plus, it brings extra benefits like rural economic growth and reduced wildfire risks.
The World Resources Institute says biomass carbon removal and storage (BiCRS) could make up around 20% of total biomass use in the U.S. by 2050. This is if biomass is used wisely for both carbon removal and other purposes. This shows strong growth potential for biomass pathways. Policies like the CREST Act support this.
Biomass Tax Credit Could Reshape Global Carbon Trading
A stable, well-supported industry around biomass carbon removal could shift the balance in carbon markets. It would encourage more entrants into the market, giving buyers more reliable and verified carbon credits. That means companies trying to meet climate goals could support cleaner methods and reduce their overall footprint with confidence.
If passed, the CREST Act could unlock large-scale funding for sustainable biomass projects across the country. This would not only help meet climate goals but also offer reliable income to farmers and foresters willing to participate.
The tax credit shows how good policy and advanced technology can tackle big climate problems. Whether it gains final approval depends on political negotiations, but momentum is strong thanks to bipartisan support.
Passing this bill would be a big step for U.S. carbon policy. It brings a mix of environmental responsibility, economic opportunity, and technical innovation into play.
The post Biomass Gets a Boost: What the CREST Act Means for Carbon Removal appeared first on Carbon Credits.
Carbon Footprint
L’Oréal Taps 13 Global Startups to Boost Climate, Nature, and Circular Innovation
L’Oréal, the global beauty giant, has unveiled its first cohort of startups participating in its new sustainable innovation program, L’AcceleratOR. The program chose 13 startups focused on climate, nature, and circularity. They were selected from nearly 1,000 applicants across 101 countries. It aims to find, pilot, and scale solutions that address key environmental challenges in the beauty industry and beyond.
The initiative is part of L’Oréal’s larger sustainability plan, called “L’Oréal for the Future.” This plan includes bold goals for climate action, resource use, and a shift to a circular economy by 2030 and beyond.
Inside L’AcceleratOR: Funding, Pilots, and Scale
L’AcceleratOR is a €100 million (about US$116 million) sustainable innovation program. The funding will be provided over a five-year period. The program helps startups and small to medium-sized enterprises (SMEs) that create sustainable solutions for L’Oréal and the beauty industry.
L’AcceleratOR is in partnership with the University of Cambridge Institute for Sustainability Leadership (CISL). Selected startups will enter an intensive support phase led by CISL. They will receive funding, expert guidance, and access to L’Oréal’s research and testing capabilities. The aim is to help these companies become pilot-ready and scale their solutions for broader use.
The accelerator focuses on key strategic themes tied to L’Oréal’s sustainability goals:
- Next-generation packaging and materials
- Nature-sourced ingredients
- Circular solutions
- Data intelligence tools to measure and reduce environmental impacts
Startups may run six- to nine-month pilots with L’Oréal and its partners. Successful pilots may be scaled across global operations if they show measurable benefits.
Ezgi Barcenas, Chief Corporate Responsibility Officer, remarked:
“To accelerate sustainable solutions to market, we are being even more intentional and inclusive in our pursuit of partnerships through “L’AcceleratOR”. We are really energized to be co-designing the future of beauty with the University of Cambridge Institute for Sustainability Leadership, and these 13 change makers.”
The 13 Startups and Their Focus Areas
The selected startups and SMEs represent a range of sustainable innovations across climate, nature, and circularity. They fall into four main categories:
- Packaging and materials
- Nature-sourced ingredients
- Circular solutions
- Data intelligence

These 13 startups use different ways to cut environmental impact. They focus on product design, supply chain management, and manufacturing to promote circularity.
How L’AcceleratOR Fits L’Oréal’s 2030 Strategy
L’AcceleratOR is part of L’Oréal’s broad 10-year sustainability roadmap, “L’Oréal for the Future.” The roadmap covers four main areas: climate, nature, materials circularity, and communities. It includes the 2030 goals that aim to transform operations while driving innovation in sustainable solutions.

Some of L’Oréal’s key targets under the roadmap include:
- 100% renewable energy for all operations.
- Sustainable sourcing of at least 90% bio-based materials in formula and packaging.
- 100% recycled or reused water for industrial purposes.
- Reducing virgin plastic use by 50%.
- Sourcing 50% of packaging from recycled or bio-based materials.
- Cutting Scope 1 and 2 emissions by 57% and some Scope 3 emissions by 28% against a baseline year.

The L’AcceleratOR program expands these efforts by tapping external innovation. L’Oréal supports startups to speed up solutions that can cut environmental impacts throughout its value chain.
L’Oréal’s Scope 3 emissions are by far the largest part of its footprint, as seen below. This reflects impacts from sourcing, production inputs, logistics, product use, and end-of-life. In 2024, Scope 1 and 2 fell further to about 227,051 tCO₂e, showing continued reductions in direct and energy-related emissions. Total emissions, though, remained roughly stable at 7.41 million tCO₂e, increased with Scope 3 again the largest component.

L’Oréal also has other sustainability initiatives. For example, its Fund for Nature Regeneration has invested more than €25 million (about US$29.1 million) in projects like forest, mangrove, and marine ecosystem restoration. This reflects L’Oréal’s commitment to nature and biodiversity alongside climate action.
Water stewardship is another strategic focus. In 2024, 53% of the water used in L’Oréal’s industrial processes came from reused and recycled sources. This was supported through water recycling systems in areas facing water stress.
Implications for the Beauty and Consumer Goods Sector
L’Oréal’s accelerator initiative reflects a larger industry trend. Many global companies are increasingly investing in sustainable technologies through partnerships, incubators, and venture funds. These partnerships aim to speed up climate, nature, and circular solutions. They combine corporate scale with startup agility.
The L’AcceleratOR program connects L’Oréal with companies that use innovation and partnerships to achieve their environmental goals. It also shows that sustainability strategies can go beyond internal changes. They can support the larger ecosystem, too. Helping startups scale can benefit whole industries, not just single companies.
This trend is important in areas like packaging, materials science, green chemistry, and digital climate tools. Packaging waste and carbon emissions from supply chains are major problems for consumer goods. This is especially true in beauty and personal care.
The beauty industry accounts for about 0.5% to 1.5% of global greenhouse gas emissions. Most of these emissions come from the value chain, not from company factories. For many beauty companies, around 90% of total emissions are Scope 3, such as raw materials, packaging, transport, and product use.
Raw material sourcing, including agricultural inputs and plastics, can make up 30% to 50% of industry emissions. Consumer use also adds a large share, especially for products that require water and heat.

The industry produces about 120 billion beauty packaging units each year worldwide. Much of this packaging is single-use and hard to recycle. A typical beauty product can generate several kilograms of CO₂-equivalent over its life cycle, from production to disposal.
Notably, most emissions are in the value chain. So, new solutions in packaging, materials, and data tools are key to cutting the beauty sector’s climate impact. This is what L’Oréal seeks to address. By supporting solutions in these areas, it hopes to change old industry practices.
Early Expectations and Next Steps
The 13 selected startups will now enter the pilot readiness phase of the L’AcceleratOR program. During this phase, the startups will refine their technologies with CISL guidance and L’Oréal support. The goal is to ensure their solutions are ready for real-world testing in commercial environments.
If pilot outcomes are successful, solutions may be scaled beyond initial tests. Some could fit into L’Oréal’s global operations or be used by industry partners. This would speed up sustainable progress.
L’Oréal and CISL plan future cohorts for the L’AcceleratOR program. Future rounds will create chances for more companies. They will also expand the pipeline of sustainable solutions.
By partnering with the University of Cambridge Institute for Sustainability Leadership and supporting startups across packaging, materials, ingredients, circular systems, and data tools, L’Oréal aims to fast-track real solutions that reduce environmental impacts.
The initiative boosts L’Oréal’s sustainability plan, “L’Oréal for the Future.” This plan sets bold goals for 2030, focusing on renewable energy, resource use, cutting emissions, and promoting circularity.
The pilot and scaling opportunities in the program can help new technologies join global supply chains. This support will aid L’Oréal and its partners in tackling climate, nature, and circular economy challenges towards its net-zero goals.
The post L’Oréal Taps 13 Global Startups to Boost Climate, Nature, and Circular Innovation appeared first on Carbon Credits.
Carbon Footprint
Microsoft (MSFT) Signs 2.85 Million Soil Carbon Credit Deal With Indigo in Landmark Regenerative Agriculture Move
On January 15, Indigo Carbon PBC announced one of the largest soil carbon transactions to date, marking a major milestone for regenerative agriculture in the voluntary carbon market. Under a 12-year agreement, Microsoft will purchase 2.85 million soil carbon credits generated through the Carbon by Indigo program, a large-scale, U.S.-based initiative focused on delivering high-integrity carbon removals.
This agreement underscores the increasing confidence of large corporate buyers in nature-based carbon removal pathways, particularly those that integrate climate impact with tangible on-the-ground benefits for farmers and ecosystems.
Third Transaction Strengthens Microsoft’s Carbon-Negative Path
Microsoft’s FY24 climate data reflects a 23.4% increase in overall emissions compared to its base year, largely due to rapid business expansion. Despite this, Microsoft retired 595,922 metric tons of carbon removals to meet its annual carbon-neutral target.
The latest purchase represents the third carbon credit transaction between Microsoft and Indigo. It follows earlier deals for 40,000 tonnes of credits in 2024 and 60,000 tonnes in 2025. Together, these agreements underscore Microsoft’s long-term strategy to meet its commitment to become carbon negative by 2030.
Looking ahead, Microsoft has contracted for nearly 22 million metric tons of carbon removals to be delivered over the next 15 years or more. This includes 2.8 million tons expected in FY30, the company’s carbon-negative target year, with additional volumes planned beyond FY31.

READ MORE:
- Microsoft Buys 60,000 Soil Carbon Credits from Indigo’s Largest Carbon Crop
- Microsoft Strikes 2 Record-Breaking Carbon Credit Deals
Indigo Ag Strengthens High-Integrity Carbon Removal Supply
The broader regenerative agriculture market continues to gain momentum.
- Research showed that, valued at $1.52 billion in 2025, the market is projected to grow from $1.76 billion in 2026 to around $5.77 billion by 2034, reflecting a CAGR of 15.97%.
Practices such as cover cropping, rotational grazing, reduced tillage, and compost application improve soil carbon levels and microbial diversity. As voluntary carbon markets mature, regenerative agriculture is emerging as a durable climate solution and a scalable economic opportunity for farmers.
For Indigo, the deal further cements its leadership in scaling verified soil carbon removals, demonstrating that regenerative agriculture can deliver credits at volumes large enough to meet enterprise-level demand.

Regenerative Agriculture: Climate Impact Plus Farm Productivity
Governments and climate institutions increasingly recognize regenerative agriculture as a powerful carbon removal tool.
- Research suggests these practices could remove more than 3.5 gigatons of CO₂ equivalent annually, while also improving soil health, increasing crop resilience, and stabilizing yields.
Beyond carbon, regenerative practices deliver critical co-benefits. They enhance water infiltration, reduce erosion, and support water conservation—key advantages as drought and water scarcity intensify across agricultural regions. These outcomes also strengthen rural economies by improving long-term farm productivity.
New Revenue Streams for Farmers
At a time when farmers face rising costs, climate volatility, and market uncertainty, the Microsoft-Indigo agreement delivers meaningful financial incentives. By rewarding farmers for adopting regenerative practices, the deal improves farm resilience while creating new, non-government revenue streams.
Indigo currently works with farmers across more than eight million acres and has paid $40 million through its programs to date. These payments are independent of government subsidies, offering farmers greater financial flexibility and stability.
High-Integrity Credits Meet ICVCM Core Carbon Principles
Credit integrity is a defining feature of the agreement. It is among the first soil carbon deals to include credits approved under the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles.
Indigo has issued 927,296 carbon removal and reduction credits under CAR1459 using the Climate Action Reserve’s Soil Enrichment Protocol. The company relies on peer-reviewed science, field data, remote sensing, and machine learning to measure and verify soil carbon outcomes.
To address permanence risks, Indigo has added safeguards across the 40-year durability period agreed with Microsoft, complementing the protocol’s 100-year monitoring and reversal compensation requirements.
On an end note, Meredith Reisfield, Senior Director of Policy, Partnerships, and Impact at Indigo, said:
“Microsoft’s purchase highlights the transformative power of regenerative agriculture to support watersheds, support farming communities, and advance global net-zero goals. Indigo is a proud catalyst of today’s soil carbon market, with our long-standing history of farmer collaboration and proven impact, already saving 64 billion gallons of water and issuing nearly one million tonnes of CO2e carbon removal credits since 2018.”
The post Microsoft (MSFT) Signs 2.85 Million Soil Carbon Credit Deal With Indigo in Landmark Regenerative Agriculture Move appeared first on Carbon Credits.
Carbon Footprint
eBay Maps Out Path to Net-Zero by 2045 with Science-Based Climate Plan
eBay has released its first Climate Transition Plan, outlining how the company will reduce emissions and reach net‑zero greenhouse gas (GHG) emissions by 2045. The plan covers actions across eBay’s operations and its broader business ecosystem. It also sets near‑term milestones and embeds climate action into corporate governance and planning.
The strategy was validated by the Science Based Targets initiative (SBTi), aligning it with climate science and the Paris Agreement’s 1.5°C goal.
The Climate Transition Plan reflects eBay’s commitment to sustainable commerce. It builds on years of progress in cutting emissions, scaling renewable energy, and driving circular economy practices.
The plan also shows how the company will cut emissions in its operations and value chain. This includes transportation, logistics, and the marketplace. At the same time, it aims to grow its global business.
eBay’s Climate Transition Plan: Sustainable Commerce at the Core
eBay’s Climate Transition Plan is a detailed roadmap for climate action through 2045. It identifies both climate risks and opportunities for the business. The plan focuses on four main areas: sustainable commerce, emissions reduction, governance integration, and value chain collaboration.

Sustainable Commerce
The plan emphasizes eBay’s circular marketplace model, which extends the life of products and reduces waste. This model supports resale and reuse, helping customers make more sustainable choices. The company has framed this as a way to grow while cutting environmental impact.
Clear Path to Net Zero
eBay has outlined science‑aligned pathways to reach net‑zero GHG emissions by 2045. These pathways include near-term targets for 2030 and long-term goals for 2045. The SBTi validates them to ensure they align with climate science.
Governance and Planning
Climate action is now embedded into how eBay governs and plans its business. The company has strengthened oversight by senior leadership and aligned climate goals with financial planning. eBay says this integration helps ensure climate‑related decisions influence business outcomes.
Value Chain Collaboration
eBay will partner with carriers, suppliers, policymakers, and its buyers and sellers to cut emissions beyond its own operations. The focus is on expanding low-carbon delivery options. It also aims to reduce emissions from shipping and logistics.
eBay’s Net Zero Targets: 2030 Milestones and Beyond
eBay’s climate goals cover both emissions cuts and long‑term net‑zero targets. These goals are science‑based and validated by the Science-Based Targets initiative. This validation shows that the targets match the reductions needed. They aim to keep global warming below 1.5°C above pre-industrial levels, which aligns with the Paris Agreement.
Net‑Zero by 2045: eBay has committed to achieving net‑zero GHG emissions across its entire value chain by 2045. This means cutting total emissions by 90% from 2019 levels. Also, we will use strong, lasting carbon removals to offset any emissions left between 2030 and 2045.
2030 Near‑Term Targets: To support the long‑term net‑zero goal, eBay set interim targets for 2030:
- Reduce absolute Scope 1 and 2 emissions by 90% compared with 2019.
- Reduce Scope 3 emissions from downstream transportation and distribution by 27.5% compared with 2019.
Progress to Date: eBay has already achieved significant cuts in operational emissions:

- The company has achieved a 92% reduction in Scope 1 and 2 emissions relative to 2019.
- It has reached 100% renewable electricity for all offices, data centers, and authentication centers ahead of its original 2025 target.

- Downstream transportation and distribution emissions have fallen 21% compared with 2019, moving toward the 27.5% 2030 target.
These results show that eBay is ahead in some areas and making progress in others as it works toward its future climate goals.
Scope 3 Challenges: The largest portion of eBay’s emissions comes from Scope 3, particularly shipping. Shipping accounts for almost 84% of Scope 3 emissions, making it the toughest category to decarbonize. eBay is focusing on partnerships with carriers and low‑carbon options to reduce these emissions over time.

eBay’s Broader Sustainability Initiatives
eBay goes beyond reducing greenhouse gases. It takes various sustainability steps that link climate goals to its business strategy.
- Renewable Energy
eBay achieved its goal of sourcing 100% renewable energy for its operations in 2024, one year ahead of schedule. This renewable energy covers electricity for offices, data centers, and related facilities.
- Circular Economy and Recommerce
eBay focuses on recommerce. This means used and refurbished goods are bought and sold. In 2024, this recommerce activity:
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- Generated about $5 billion in positive economic impact.
- Helped avoid 1.6 million metric tons of carbon emissions.
- Prevented 70,000 metric tons of waste. These figures show how extending product life can reduce environmental impact.
eBay aims to build on these results by encouraging resale and reuse as mainstream shopping choices. The company views a circular business model as a climate tool and a way to create value for its users.
- Tracking and Transparency
eBay tracks its environmental performance through frameworks like the Task Force on Climate‑Related Financial Disclosures (TCFD). It also takes part in the CDP Corporate Questionnaire.
These actions help ensure the e-commerce’s transparency and accountability in climate reporting.
Leading by Example
eBay’s climate goals align it with other tech and retail companies. They have set science-based net-zero targets and interim reduction goals. For example, other e‑commerce and tech firms like Amazon and Alibaba have also set long‑term climate targets. However, their timelines and scopes differ.
Validating targets through the SBTi adds credibility and aligns eBay with companies that aim to match the most ambitious climate science benchmarks. The SBTi’s validation process makes sure that reduction goals are clear. They follow a framework that aims to keep global temperature rise to 1.5°C.
In addition, eBay’s focus on shipping emissions highlights a common challenge for online retail platforms. Many companies are exploring low-carbon logistics. They are using consolidated delivery, local pickup, and shifting modes, like moving from air to ground transport. These steps help cut supply chain emissions.

eBay focuses on circular commerce and sustainable logistics in its transition plan. This aligns environmental efforts with business trends that value resource efficiency and low-carbon operations.
Low-Carbon Innovation for the Future
eBay’s Climate Transition Plan sets a clear and science‑based path to net‑zero GHG emissions by 2045. The plan includes near‑term and long‑term targets that have been validated by the Science Based Targets initiative.
The e-commerce company has already achieved major milestones, such as a 92% reduction in direct emissions and 100% renewable electricity by 2024. It also continues to invest in renewable energy, promote reuse and resale, and engage partners to cut emissions across its value chain.
The plan further shows eBay’s goal to include climate action in its strategy, governance, and financial planning. It also illustrates how sustainable commerce and circular economy practices can support long‑term environmental and business goals. As shipping and logistics remain the largest emissions source, future efforts will focus on creative and low‑carbon solutions to meet eBay’s ambitious climate goals by 2045.
The post eBay Maps Out Path to Net-Zero by 2045 with Science-Based Climate Plan appeared first on Carbon Credits.
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