Elimini’s Q2 report highlights record-breaking growth in engineered carbon removals, driven by Microsoft’s landmark BECCS purchases. The report also notes biochar’s rise past DAC as the second-largest removal pathway by volume.

According to Elmini, engineered removal transactions in the first quarter of 2025 indicate that the voluntary carbon market is quickly approaching a tipping point. Bigger deals continue to drive growth, a wider range of removal methods is being transacted, and more suppliers and buyers are entering the market.