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Carbon Reduction Efforts Provide Green Opportunities for Correlate Energy Corp. (CIPI) to Develop, Sell Clean Energy Solutions

  • Distributed energy solutions company Correlate Energy Corp. is working with customers in industrial, corporate, and residential circles, to cost-effectively improve their climate friendliness through superior energy optimization and transition
  • The U.S Department of Energy has been promoting clean energy carbon reduction through a Carbon Dioxide Removal (“CDR”) Purchase program awarding up to $35 million in CDR purchase credits
  • Multi-national technology company Google has pledged to match the CDR program “dollar for dollar” as part of a public-private partnership, demonstrating their impetus for clean energy solutions

When technology behemoth Google, at times referred to as “the most powerful company in the world” (https://ibn.fm/k7x4a), announced March 14 that it would match the Department of Energy’s (“DOE”) Carbon Dioxide Removal Purchase program “dollar for dollar” in a show of mutually reinforcing public-private support (https://ibn.fm/Xv3vP), it underscored the importance many large market movers place on climate change responsiveness.

Google plans to work with its partners to identify and scale technology-based and nature-based carbon dioxide removal (“CDR”) solutions during the coming year (https://ibn.fm/p2AV8) under the DOE’s goals relating to direct air capture (“DAC”), enhanced CO2 mineralization, biomass carbon removal with…

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NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

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