Lithium, a vital elemental metal, also dubbed as “white gold”, has gained significant attention as a sought-after commodity. This is particularly due to its crucial role in battery manufacturing for electric vehicles (EVs).
The surge in EV sales has fueled optimism among investors regarding companies involved in lithium production and refinement. Despite being a common substance, lithium prices experienced an astounding 1,000% increase from 2021 to the end of 2022. This exceeds the previous highs set in 2017.
However, the landscape changed in 2023.
An increasing supply of lithium from mines in Africa and Australia is putting downward pressure on prices. Plus, reports of lower consumer demand for EVs in the U.S. and China may further contribute to a decline in lithium prices.
Lithium Carbonate (CNY) Price

Following the unprecedented boom of 2021/2022, stocks of lithium producers have faced significant declines due to a continued plunge in lithium prices.
As with all commodity stocks, lithium stocks are intricately tied to supply and demand dynamics in the underlying materials they deal with. The future trajectory of lithium prices and associated stock values will likely be influenced by the continued demand for EVs.
Investing in top lithium stocks follows a similar process to investing in any other type of stock.
Here are our top picks for lithium stocks that are worth each penny of consideration.
Albemarle Corporation (ALB)
Market cap: US$15.1 billion
Enterprise value: US$17.1 billion
Albemarle Corp. stands prominently among the largest lithium stocks and is a key player in lithium mining. With a market value comparable to other major commodities such as Barrick Gold Corporation (GOLD).
The company’s substantial scale and the optimistic long-term forecasts for EV demand position Albemarle as one of the top lithium stocks in the current market. Albemarle has embarked on a significant production expansion initiative in South Carolina, projecting an annual capacity of about 225,000 metric tons of lithium.
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The American lithium giant anticipates this capacity to triple by the 2030, aligning its growth plans and expectations for the growing EV sector.
But recently, it redirected efforts towards its Kings Mountain lithium-spodumene mine resource in North Carolina, in response to softer market conditions.
Albemarle had warned of potential market share loss to Chinese producers after its unsuccessful takeover bid for Australian lithium producer Liontown Resources. The $4.2 billion merger was abandoned.
The largest producer of lithium for EV batteries has also revised its annual forecast downwards at the end of last year. They further reported a lower-than-expected quarterly profit due to declining prices for lithium.
Still, Albemarle now anticipates a 30% increase in lithium sales volume for the year. But with prices expected to rise only 15%, falling short of market expectations for robust growth.
The reduction in demand from consumers has led major EV manufacturers like Tesla, Ford Motor, General Motors, and Rivian to scale back production. Additionally, Toyota Motor has cut its EV sales forecast by 40% in 2024 due to lower demand in China. This reduced demand is impacting the lithium market and related stocks.
Albemarle’s peers have experienced similar declines. For instance, shares of Sociedad Química y Minera de Chile S.A. are down -39.4% YTD.
Sociedad Química y Minera S.A. (SQM)

Market cap: US$15.1 billion
Enterprise value: US$16.1 billion
Chile, globally recognized for its mineral wealth, features Sociedad Química y Minera de Chile (SQM) at the core of its mining industry. While SQM engages in the production of various minerals, its significance in lithium extraction is paramount.
Alongside diversified mining counterparts like Albemarle and Ganfeng, SQM maintains robust double-digit operating profit margins, substantial cash reserves for expansion, and minimal debt.
In 2022, SQM achieved its highest-ever corporate revenues, surpassing $10.7 billion in sales. A substantial 76% of this revenue was derived from lithium and related products.
SQM’s pivotal role goes beyond its economic contributions, as it stands as the largest taxpayer in Chile. Recent discussions about the government potentially increasing its stake in the company have emerged and raised eyebrows.
Such a move introduces the inherent risks associated with government ownership, including the possibility of political interference. Some investors don’t find it a favorable development.
The trajectory of SQM’s shares showed positive momentum until late 2022, when a decline followed. This is largely due to weakened lithium prices and concerns about the company receiving a fair valuation for the anticipated increased government stake.
The impending nationalization raises uncertainties about state control of lithium. Once this pushes through, it may impact SQM’s profitability.
Looking forward to a long-term demand for lithium to exceed supply, SQM has strategically invested in expanding its production capacity. These developments position the company to augment its market share in the lithium supply chain, particularly for EV batteries.
Li-FT Power (LIFT; LIFFF)

Market cap: US$168.5 million
Enterprise value: US$163.4 million
Given the insufficient domestic lithium reserves to meet demand, the U.S. is in a challenging position. With the need for a domestic supply, Canada is positioned to contribute to meeting U.S. lithium requirements. This is where a junior lithium company, Li-FT Power (LIFT: LIFFF), based in Vancouver, British Columbia, perfectly comes into the picture.
Li-FT has acquired promising lithium assets in Canada, starting drilling on their flagship project in June last year. The company’s investment thesis revolves around the aggressive exploration and expansion of high-grade lithium pegmatites to define world-scale resources in a proven mining jurisdiction.
The company’s strategy focuses on consolidating and advancing hard rock lithium pegmatite projects in Canada, particularly in known lithium districts. Li-FT Power aims to apply modern systematic exploration techniques to unveil value in these projects that historical work hasn’t fully realized.
The project portfolio includes assets in the Northwest Territories and Quebec, with flagship projects like the Yellowknife Lithium Project and the Pontax Project, which has revealed an 8km long lithium anomaly.
The company is well-financed to progress its projects, cementing its commitment to advancing the exploration and development of high-quality lithium assets in Canada.
LIFT strategically positions itself to take advantage of weak industry sentiment, allowing for the acquisition of shares at discounted valuations.
The Lithium Deficit Looms
While those top lithium stocks are making waves in 2024, projections indicate that lithium prices will further decline due to:
- increasing supplies of the battery metal, and
- subdued demand from China.
In China, lithium carbonate prices have plummeted from an all-time high of $81,360 per tonne in November 2022. This is the lowest level in two years at $20,782 per tonne in the current month. As lithium carbonate prices have fallen by 67% year-on-year, Chinese refining companies are responding by cutting production or suspending operations.
This represents a nearly 75% correction due to a series of negative catalysts that have suppressed lithium prices. The situation is even more challenging for lithium hydroxide markets, primarily due to the sluggish performance of the nickel cobalt manganese battery sector compared to the lithium iron phosphate battery sector.
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Australia, which contributes 40% of global lithium production, expects a decline in the spot price of spodumene from around $3,840 per tonne in 2022 to $2,200 per tonne in 2025.
Lithium miners are adjusting to the sharp drop in demand for EVs in China by reducing costs and scaling back production expansion plans.
This response aligns with the challenges faced by lithium producers globally as the market grapples with oversupply and weakening demand for EVs.
The inability of China to meet its own demand for lithium, despite being the world’s 3rd-largest producer, has significant implications for other countries that rely on Chinese lithium. This is why the US aims to develop its own lithium supply chain that doesn’t depend on China.
- RELATED: Lithium-Ion Wars: US Battery Imports Soar by 66%, Setting New Record as Domestic Production Ramps Up
The Inflation Reduction Act, in particular, specifically promotes onshoring of clean energy manufacturing, including EVs, within the U.S. And that also means to reduce or cut off import of lithium from China.
Corinne Blanchard, Deutsche Bank’s director of lithium and clean tech equity research, is among the analysts predicting a future shortage in the lithium industry. Despite forecasting supply growth, she believes that demand will outpace it at a much faster pace.
Blanchard anticipates a “modest deficit” of around 40,000 to 60,000 tonnes of lithium carbonate equivalent by the end of 2025, but she foresees a much larger deficit of 768,000 tonnes by the end of 2030. This forecast aligns with the broader industry expectations of increasing demand for lithium, particularly driven by the growing EV market.
2024 unfolds with challenges for the lithium market, witnessing stock declines post 2023’s meteoric rise. Despite the setback, top players like Albemarle, SQM, and Li-FT Power strategically position themselves. As global trends hint at a Chinese lithium market decline, industry experts see a future lithium deficit, driven by the relentless growth in the EV market.
The post Top Lithium Stocks Making Waves in 2024 appeared first on Carbon Credits.
Carbon Footprint
Walmart (WMT) Expands EV Charging and Boosts Renewable Energy in Its Net-Zero Playbook
Walmart (NYSE: WMT) is stepping up its clean energy and emissions game across the United States. Shoppers want to save money and live more sustainable lives, and Walmart sees a big role for itself in that shift. With a store or club within 10 miles of nearly 90% of Americans, the retailer believes it is perfectly placed to support the country’s move to cleaner transportation.
From expanding EV charging access to using more renewable power and electrifying its delivery fleet, Walmart is building a lower-carbon future that also brings long-term savings and stronger resilience.
Charging Up America: Walmart’s Big EV Push
Walmart wants to make owning an electric car easier for millions of people. The company plans to build its own fast-charging network across thousands of Walmart and Sam’s Club locations by 2030. This will add to the nearly 1,300 chargers already running at more than 280 stores today.
The goal is simple: remove the fear of not finding a safe and reliable place to charge. Walmart’s well-lit parking lots offer an easy place to plug in while customers shop, grab groceries, or pick up essentials. And in true Walmart style, the company aims to offer low-cost charging to help families save on transportation—the second-largest expense for most households.

Greener Deliveries and Next-Gen Fleet
Transportation is one of Walmart’s toughest emissions issues. In 2024, the company’s fleet made up 24.9% of Scope 1 emissions and 14.4% of total operational emissions. As Walmart brings more logistics in-house and grows its business, fleet emissions may rise in the short term.
Yet Walmart is preparing for a cleaner future. It’s partnering with GM, Ford, and Canoo to electrify delivery vehicles. Many Walmart+ deliveries already use electric vans.
- They are also testing heavy-duty battery trucks, hydrogen fuel cell vehicles, and renewable diesel.
- Walmart is rolling out liquid hydrogen-powered forklifts and recently opened Latin America’s first industrial-scale renewable hydrogen plant in Chile.
- Electric yard trucks are already delivering major gains—cutting emissions by more than 75% per hour compared to diesel models.
These tests matter. They help shape the future of Walmart’s fleet, especially as long-haul truck solutions may not mature until the 2030s.
As more drivers go electric, the re network will add much-needed charging options nationwide. Even rural areas, which often lack EV infrastructure, will benefit. Walmart sees this as a smart business move and a natural extension of its mission to help customers live better and more sustainably.
Smart Stores with Clean Energy
Walmart’s clean energy plan centers on four ideas: access, cost, resilience, and emissions cuts. Because its stores rely more than ever on electricity and digital systems, stable power is essential. So Walmart is investing in new technology to identify power risks, upgrade monitoring tools, and strengthen connections to the grid.
Real-time energy monitoring across thousands of facilities helps Walmart track usage and operate more efficiently. These insights will matter even more as automation grows across the company’s operations.
Walmart is also adding more on-site power. Solar panels, wind systems, and battery storage help stores stay open during outages and lower long-term energy bills. Between 2024 and 2030, it aims to support up to 10 gigawatts of new clean energy capacity.
The company is already making progress. In 2024, renewable energy met 48.5% of Walmart’s global electricity needs. This brings the retailer close to its goal of 50% renewable power by 2025 and puts it on track for 100% by 2035. By the end of 2024, its U.S. operations had 166 MW of onsite solar across 325 facilities and 10 MW of energy storage at 44 locations.

Achieving Net-Zero Emissions
Walmart is working toward zero emissions across its global operations (Scope 1 and 2) by 2040. These emissions come from transport fuels, refrigeration, heating, and electricity use.
The company has reduced its emissions intensity by 47.4% since 2015, but annual emissions can still vary. In 2024, Walmart’s Scope 1 and 2 emissions rose by 1.1%. Growth in U.S. transportation and lower renewable energy output in Mexico and Central America—due to extreme heat and drought—played a big role.
Still, global operational emissions remain 18.1% lower than the 2015 baseline. But progress won’t always be smooth. Policies, infrastructure limits, equipment shortages, and slow advances in low-carbon trucking technology create challenges. Walmart has noted that meeting its 2025 and 2030 targets may take more time.
Even so, Walmart keeps improving. New buildings and remodels use efficient lighting, HVAC systems, and refrigeration. The company is replacing older equipment with high-efficiency models and testing refrigeration and HVAC systems with lower global warming impact. These upgrades support both sustainability and cost savings.

Walmart (WMT) Q3 FY2025 Highlights
Walmart Inc. posted Q3 FY2025 revenue of $179.5 billion, up 5.8% from last year and beating estimates by 1.1%. Same-store sales rose 4.5%, fueled by strong e-commerce and retail growth, with adjusted EPS at $0.62—above expectations. The company raised its full-year sales outlook amid steady demand and efficiency gains.
Additionally, WMT stock hit near-record highs but with a “Moderate Buy” rating from analysts, targeting 6-9% upside. Growth drivers include e-commerce, consumer resilience, and clean energy bets like EV fleets and chargers.
The goals are bold: zero operational emissions by 2040 and 100% renewable power by 2035. Yet Walmart’s scale, resources, and willingness to innovate give it a powerful role in America’s clean energy transition. And ultimately, these steps help customers live better, save more, and make sustainable choices that fit their everyday lives.
- FURTHER READING: Why Walmart Stock (WMT) Is at the Forefront of ESG Investing: Sustainability and Emissions Achievements in 2025
The post Walmart (WMT) Expands EV Charging and Boosts Renewable Energy in Its Net-Zero Playbook appeared first on Carbon Credits.
Carbon Footprint
Sierra Madre: Breathing New Life into Mexico’s Silver and Gold Heartland
Disseminated on behalf of Sierra Madre Gold & Silver Ltd.
Mexico has been a cornerstone of global silver and gold production for centuries, with historic mining regions such as Zacatecas, Durango, and the Sierra Madre belt supplying the world with these precious metals. Mining represents nearly 2.5% of Mexico’s GDP and produces significant export revenue.
However, decades of underinvestment and declining output from aging mines led to a slowdown in production growth. Today, a new wave of modern mining companies is reinvigorating Mexico’s silver and gold industry, bringing capital, modern technology, and strict environmental practices to historic mining regions.
Among these companies, Sierra Madre Gold & Silver Ltd. (TSXV: SM | OTCQX: SMDRF) is emerging as a standout player, spearheading the revival of Mexico’s rich Temascaltepec district with its La Guitarra Mine.
Mexico’s Silver and Gold Renaissance: Strategic Importance
Mexico remains the world’s largest silver producer, contributing roughly 23–25% of global output in 2024, with total production between 5,800 and 6,300 tonnes. The surge in industrial demand for silver is reshaping its role from primarily a jewelry and investment metal to an essential material in the clean energy transition.
- With silver prices stabilizing around US$28 per ounce in 2025 and climbing above $50 in October, mid-tier producers like Sierra Madre stand to increase shareholder value while supporting rural economies.
Each solar panel consumes about 20 grams of silver, while electric vehicles require up to 50 grams. Analysts predict that by 2030, global silver demand will exceed 1.2 billion ounces annually, highlighting the need for stable, modern supply sources.
Mexico’s combination of skilled workforce, supportive regulations, and modern infrastructure makes it an attractive destination for exploration and investment. Sierra Madre’s work at La Guitarra, along with exploration at Tepic, exemplifies how new companies are turning dormant assets into engines of growth for the next decade.
Reviving La Guitarra: History Meets Modern Mining
The La Guitarra Mine has a storied history dating back to colonial times, producing both gold and silver under different owners, most recently First Majestic Silver. After a period of care and maintenance, Sierra Madre acquired the mine in 2023 with a clear strategy: restart production (achieved January 2025) and expand output.
The mine comes equipped with a 500-tonnes-per-day processing plant, permitted underground workings, and nearby infrastructure including roads, water, and power. With C$19.5 million in fresh capital and a skilled technical team, it has achieved a full-scale restart, with commercial production announced in January 2025.
- By 2027, the company aims to up to triple production to 1,500 tonnes per day, leveraging smart mine design and local partnerships to keep costs low while ramping output efficiently.
Furthermore, their leadership blends local mining expertise with strong capital markets knowledge, enabling efficient project execution. La Guitarra’s high-grade veins, clear exploration targets, and straightforward permitting process make it one of Mexico’s most promising silver-gold projects.

Commitment to Responsible Mining
Sierra Madre embodies a new generation of environmentally and socially responsible miners. The company is upgrading waste and water systems to modern standards, reclaiming tailings efficiently, and minimizing water usage. Open communication with local communities, clear permitting, and strong ESG practices reinforce its credibility with stakeholders and investors.
Modernization at La Guitarra is as much about responsible operations as it is about increasing output. This focus on sustainability aligns with global investor expectations while strengthening its long-term partnerships.
Sierra Madre holds one other project in Mexico’s Sierra Madre mineral belt:
- Tepic Project (Nayarit): High-grade epithermal gold-silver deposit with near-surface mineralization and strong exploration upside.
By focusing on assets with existing infrastructure and clear development paths, Sierra Madre reduces operational risk compared with early-stage exploration projects.
Industrial Demand Drives Silver’s Strategic Role
Silver’s function has evolved beyond traditional uses. Its high conductivity and reflectivity make it essential in solar panels, EV batteries, 5G networks, and electronics. Industrial demand is rising sharply: in 2024, industrial silver consumption reached 680.5 million ounces, accounting for over 30% of total usage, and solar energy alone represents a growing share.
The EV market further drives demand, with each vehicle requiring up to 50 grams of silver. Rising industrial requirements, combined with structural supply deficits, position companies like Sierra Madre to benefit from near-term production growth.
Global silver production is struggling to keep pace. In 2024, total output was roughly 819.7 million ounces, barely a 1% increase over the previous year. A projected 117.6 million-ounce supply deficit in 2025 underscores the need for reliable producers in Mexico’s rich silver belt.

Leveraging Gold’s Enduring Value in a Record-Price Era
Gold remains a cornerstone of stability. Prices are expected to hold above US$3,000 per ounce, supported by investment demand, central bank buying, and geopolitical uncertainty. In Q2 2025, total gold demand rose 3% year-over-year, reaching 1,249 tonnes, while mine production matched this growth, reflecting a healthy market balance.
At La Guitarra, underground mining at the high-grade Coloso vein started in April 2025, increasing production potential and improving grades. The company is upgrading milling systems to improve recovery rates and lower costs, capitalizing on record-high gold prices.
Strong Operational and Financial Performance
- In Q2 2025, Sierra Madre sold 173,562 silver-equivalent ounces: 66,011 ounces of silver and 1,048 ounces of gold, generating 168,535 AgEq ounces at an average price of US$30.10 per AgEq ounce.
The Coloso Mine is ramping up to 150 t/d by year-end, while underground development at the Nazareno Mine has already delivered over 700 tonnes of mineralized material to the Guitarra mill, with grades exceeding prior estimates.
The company raised C$19.5 million in mid-2025 to expand throughput, launch a +20,000-meter exploration program across its mineralized belt, and target high-grade zones in the East District. Strong revenue, cash position, and working capital support ongoing operations and exploration, providing a solid financial foundation for growth.
Silver continues to show upside potential. With a gold-to-silver ratio of 70:1, silver is currently undervalued relative to gold. Combined with rising industrial demand and tight supply, this positions Sierra Madre’s dual-metal strategy to capitalize on both growth and stability. Analysts project that silver deficits will persist, reinforcing the value of near-term production assets like La Guitarra.

- ALSO READ: Gold’s Enduring Value: How Sierra Madre Is Advancing Mexico’s Next Generation of Gold Projects
Two Metals, One Growth Strategy
Sierra Madre’s dual-metal approach combines gold’s stability with silver’s growth potential. Gold anchors financial security, while silver leverages rising industrial demand. This strategy enables the company to maximize shareholder value while maintaining operational resilience.
Phased Expansion Plan
Sierra Madre is executing a two-phase expansion at La Guitarra:
- Phase 1 (Q2 2026): Increase capacity to 750–800 t/d with equipment upgrades, including a new cone crusher and ball mill.
- Phase 2 (Q3 2027): Ramp up to 1,200–1,500 t/d with additional crushing circuits, producing finer material and improving recovery rates.
No additional permits are required, and the expansion will be fully funded from existing cash flow, ensuring self-sustained growth.
Final Take: Why Sierra Madre Is Poised to Deliver Silver and Gold
Sierra Madre Gold & Silver is at the forefront of Mexico’s silver and gold revival. With a mix of production-ready assets, exploration upside, and strong financial backing, the company is well-positioned to benefit from rising demand, structural supply deficits, and supportive market dynamics.

La Guitarra combines history, infrastructure, and timing for near-term production, while Tepic offers significant exploration potential. Sierra Madre’s dual-metal strategy balances stability with growth, leveraging gold’s safe-haven value and silver’s industrial demand.
As global demand for clean energy technologies, electric vehicles, and industrial applications rises, Sierra Madre is uniquely equipped to deliver both silver and gold. Its operational asset, responsible mining practices, and strategic expansion plan position it as a leading junior miner in Mexico’s most productive silver-gold belt.
In short, Sierra Madre has not just restarted a mine—it is breathing new life into Mexico’s historic silver and gold heartland while positioning investors to benefit from a transformative decade in precious metals.
- MUST READ: Reviving Mexico’s Silver Belt: How Sierra Madre’s La Guitarra Mine Is Leading the Comeback
DISCLAIMER
New Era Publishing Inc. and/or CarbonCredits.com (“We” or “Us”) are not securities dealers or brokers, investment advisers, or financial advisers, and you should not rely on the information herein as investment advice. Sierra Madre Gold and Silver Ltd. (“Company”) made a one-time payment of $25,000 to provide marketing services for a term of one month. None of the owners, members, directors, or employees of New Era Publishing Inc. and/or CarbonCredits.com currently hold, or have any beneficial ownership in, any shares, stocks, or options of the companies mentioned.
This article is informational only and is solely for use by prospective investors in determining whether to seek additional information. It does not constitute an offer to sell or a solicitation of an offer to buy any securities. Examples that we provide of share price increases pertaining to a particular issuer from one referenced date to another represent arbitrarily chosen time periods and are no indication whatsoever of future stock prices for that issuer and are of no predictive value.
Our stock profiles are intended to highlight certain companies for your further investigation; they are not stock recommendations or an offer or sale of the referenced securities. The securities issued by the companies we profile should be considered high-risk; if you do invest despite these warnings, you may lose your entire investment. Please do your own research before investing, including reviewing the companies’ SEDAR+ and SEC filings, press releases, and risk disclosures.
It is our policy that information contained in this profile was provided by the company, extracted from SEDAR+ and SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee them.
CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION
Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate,” “expect,” “estimate,” “forecast,” “plan,” and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated.
These factors include, without limitation, statements relating to the Company’s exploration and development plans, the potential of its mineral projects, financing activities, regulatory approvals, market conditions, and future objectives. Forward-looking information involves numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other things, market volatility, the state of financial markets for the Company’s securities, fluctuations in commodity prices, operational challenges, and changes in business plans.
Forward-looking information is based on several key expectations and assumptions, including, without limitation, that the Company will continue with its stated business objectives and will be able to raise additional capital as required. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended.
There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially. Accordingly, readers should not place undue reliance on forward-looking information. Additional information about risks and uncertainties is contained in the Company’s management’s discussion and analysis and annual information form for the year ended December 31, 2024, copies of which are available on SEDAR+ at www.sedarplus.ca.
The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management’s current beliefs and is based on information currently available to the Company. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise such information to reflect new events or circumstances except as may be required by applicable law.
For more information on the Company, investors should review the Company’s continuous disclosure filings available on SEDAR+ at www.sedarplus.ca.
Disclosure: Owners, members, directors, and employees of carboncredits.com have/may have stock or option positions in any of the companies mentioned: None.
Carboncredits.com receives compensation for this publication and has a business relationship with any company whose stock(s) is/are mentioned in this article.
Additional disclosure: This communication serves the sole purpose of adding value to the research process and is for information only. Please do your own due diligence. Every investment in securities mentioned in publications of carboncredits.com involves risks that could lead to a total loss of the invested capital.
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Carbon Footprint
Frontier Backs Climate Startup Reverion for 96,000 Tons of Biogas-Based Carbon Removal
Climate startup Reverion, a German company specializing in biogas-based carbon removal, has secured several major offtake agreements through Frontier, the advanced carbon removal buyer coalition. The deals mark a significant milestone for the company as it works to commercialize its solid oxide fuel cell (SOFC) technology, which captures and permanently stores CO₂ while producing clean electricity.
Under the new commitments, Frontier buyers—including Google, McKinsey, H&M Group, Autodesk, Workday, and others—will pay $41 million for 96,000 tons of permanent CO₂ removal between 2027 and 2030.
Frontier’s carbon removal portfolio

These agreements strengthen the growing belief that biogas-based carbon removal can be both scalable and economically attractive when combined with high-efficiency energy production.
How Reverion’s Fuel Cell System Turns Biogas into Permanent Carbon Removal
Reverion, a 2022 spin-off from the Technical University of Munich, has created a system that generates clean electricity and captures carbon from biogas at the same time. Farmers produce biogas by placing manure, crop leftovers, and food waste into anaerobic digesters. These digesters create a gas mix that contains methane and CO₂.
- The company’s solid oxide fuel cell (SOFC) converts the methane in this gas directly into electricity with very high efficiency.
- During this reaction, the carbon in the gas separates into a pure CO₂ stream.
- The system then liquefies this CO₂ and sends it for permanent geological storage.
Traditional biogas systems burn the gas in engines, lose energy, and release most of the carbon back into the air. Some even leak methane, which traps far more heat than CO₂. Reverion avoids these problems by capturing carbon from both methane and CO₂ in the biogas. As a result, the system increases the amount of carbon removed and cuts emissions at the source.
By pairing efficient power generation with full carbon capture, Reverion turns everyday biogas into a dependable pathway for long-term carbon removal.

Energy, Hydrogen, and New Revenue Streams for Farmers
The press release highlighted that, today, more than 120,000 biogas plants operate worldwide, but many still use old engines with low efficiency. And Reverion’s SOFC gives farmers a major upgrade. It reaches about 74% fuel-to-electricity efficiency—one of the highest levels in the industry. This lets farmers produce more electricity from the same biogas, lower their energy bills, and earn extra money by selling clean power.
The system also adds flexibility. When electricity prices drop, often during times of strong wind and solar output, the fuel cell can run in reverse to make green hydrogen. Farmers can sell this hydrogen or use it on their own farms, creating another income source.
By delivering clean energy, flexible operation, and permanent carbon removal, Reverion offers a strong alternative to combustion engines and renewable natural gas upgrading systems.
Frontier Unlocks: Why BiCRS Matters in Carbon Removal Portfolios
Biomass Carbon Removal and Storage (BiCRS) is emerging as a strong contender for long-duration carbon removal. It includes several pathways such as BECCS, bio-oil sequestration, biomass injection, and now biogas-based fuel cell systems.
Frontier explains how BiCRS stands out for the following reasons:
- Lower costs: Plants capture CO₂ naturally and at no cost. Many BiCRS systems also use existing waste streams, which reduces input costs.
- Clear verification: Technologies like BECCS and biomass injection are easier to measure and verify compared with more experimental removal pathways.
- Near-term scalability: Bio-oil and biomass injection can grow quickly, helping meet the rising demand for carbon removal supply.

However, BiCRS is not without challenges. The biggest concern is sustainable biomass sourcing. Poor practices—such as removing too much crop residue, clear-cutting forests, or heavy fertilizer use—can harm biodiversity, damage soils, or increase emissions. Because of these risks, carbon removal purchasers must follow strict sustainability guidelines when sourcing biomass.
There is also a durability question for some BiCRS methods. Some biomass burial or sinking approaches could decompose over time, reversing the stored carbon. Frontier funds several R&D projects to evaluate long-term durability.
Finally, the BiCRS market is expected to be highly fragmented. Feedstock types differ by region, and the best removal pathway varies based on geography, transportation options, and local policy. Most BiCRS facilities also operate at a modest scale, meaning the market will rely on many distributed projects rather than a handful of giants.
Even so, BiCRS delivers several co-benefits. These include on-site clean energy production, lower fossil fuel use, reduced methane emissions, nutrient recycling for croplands, and destruction of harmful pollutants like PFAS.
Why Reverion’s Model Stands Out
Reverion’s approach offers compelling advantages that support its rapid market adoption:
- Large potential impact: With over 120,000 biogas sites worldwide, the theoretical removal potential from biogas could exceed 2 gigatons per year by 2040, according to IEA projections. Reverion could capture a meaningful share of this, especially alongside other BiCRS technologies.
- Full-stream carbon capture: Most systems capture only the CO₂ portion of biogas. Reverion captures carbon from both CO₂ and methane, effectively doubling the removal impact.
- World-class electrical efficiency: Its 74% efficiency ranks among the highest globally, increasing economic returns for operators.
- Low methane leakage: Because methane is converted on-site, the system avoids pipeline leaks often associated with renewable natural gas.
- Strong market demand: Reverion already holds 60 pre-orders and 120 letters of intent, signaling strong momentum.

As the world accelerates efforts to scale permanent carbon removal, technologies like Reverion’s offer a promising path—combining high-efficiency clean energy production with durable, verifiable carbon storage at biogas sites around the world.
- ALSO READ: Frontier Backs Norway’s First Carbon Capture Retrofit! Is This the Future of Waste-to-Energy?
The post Frontier Backs Climate Startup Reverion for 96,000 Tons of Biogas-Based Carbon Removal appeared first on Carbon Credits.
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