ESG Today writes that Equatic will use its ocean-based carbon removal technology in order to accomplish this, which implies using natural processes that happen in the deep sea. The captured carbon emissions are then used to generate clean hydrogen, which is why the gas produced in this case is considered carbon-negative.

Additionally, the generated hydrogen can be used to produce sustainable aviation fuel (SAF), which is why Boeing purchased 2.000 tons of hydrogen in advance.

Equatic states that through capturing carbon emissions and using them to generated more than sustainable hydrogen, it addresses both the need of decarbonization, while also ensuring that various industries have access to a clean form of versatile fuel.

By 2026, company officials say that the startup will have a yearly carbon removal capacity of 100.000 tons, which could be scaled to one million tons of removed CO2 by 2028 at a cost of 100 USD per ton.

Thus, the company will remove 62.000 tons of carbon emissions, 2.000 of which will go towards the production of the green hydrogen.