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Bank of America Carbon Capture Investment

Sector: Automotive • Location: North Dakota, United States

Source: ESG News

Project
Awarded

Bank of America has made a significant investment of $205 million in a pioneering tax credit deal for carbon capture with Harvestone Low Carbon Partners. This project, located in North Dakota, aims to capture 200,000 metric tons of CO2 annually, equivalent to the emissions of 42,000 cars, reflecting a strong commitment to climate technology and sustainable practices.

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The project “Bank of America Carbon Capture Investment” is an infrastructure initiative in the Automotive sector, located in North Dakota, United States. Taiyo aggregates data on it from ESG News.

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Description

Description

Bank of America has made a significant investment of $205 million in a pioneering tax credit deal for carbon capture with Harvestone Low Carbon Partners. This project, located in North Dakota, aims to capture 200,000 metric tons of CO2 annually, equivalent to the emissions of 42,000 cars, reflecting a strong commitment to climate technology and sustainable practices.

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Source reliability

High

Data quality score

100%

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