This carbon-removal deal doubles as wildfire prevention

April 9, 2026 | axios.com

JPMorganChase has inked a deal with a startup to remove carbon from the air — a step that could also prevent wildfires, Axios has learned.

Why it matters: The purchase signals that the carbon removal industry is pushing ahead despite policy setbacks — and highlights how near-term benefits can help drive deals.

Driving the news: Graphyte, a carbon removal company founded in 2023, will supply 60,000 tons of removal credits over 10 years from an existing Arkansas project and a planned facility in Arizona enabled by the deal.

• Financial terms weren't disclosed.

The big picture: Carbon removal — which pulls CO₂ from the atmosphere — is seen as critical to meeting climate goals.

• But the market is still in its early stages and has faced setbacks as President Trump rolls back supportive policies.

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