Deep Sky Delivers First Certified DAC Carbon Credits to Microsoft, RBC

Carbon removal project developer Deep Sky announced the delivery of the first certified direct air capture (DAC) carbon removal credits in North America to offtakers Microsoft and Royal Bank of Canada (RBC).

Founded in 2022, Montreal-based Deep Sky was established as a technology-agnostic carbon removal project developer, with projects underway in Canada utilizing methodologies from direct air capture (DAC) to ocean carbon capture, and a goal to remove gigatons of carbon from the atmosphere and permanently store it underground. The company’s founding buyers include Microsoft and RBC, with additional offtake agreements with Google through Frontier Climate and other leading institutions.

The carbon credits were generated from Deep Sky’s DAC project, Deep Sky Alpha, located in Innisfail, Alberta. According to Deep Sky, the facility has permanently injected its first tons of atmospheric carbon dioxide underground 18 months following the launch of construction, and generated North America’s first DAC carbon removal credits to be verified by certification platform Isometric.

Alex Petre, CEO of Deep Sky, said:

“We’ve been transparent about the steps required to build this industry and have shared our progress every step of the way – from breaking ground at Deep Sky Alpha to operating multiple distinct DAC technologies, to permanently storing carbon underground. Today, we’re adding another proof point before ongoing commercial operations: North America’s first certified DAC carbon removal credits.”

The credits were certified under Isometric’s Direct Air Capture Protocol and independently verified. The protocol requires projects to account for all emissions when calculating net carbon removals, and to conduct long-term monitoring to confirm safe and permanent storage.

According to the companies, the DAC credits mark the beginning of Deep Sky’s supply to Microsoft and RBC under their carbon removal agreement through 2034.

Eamon Jubbawy, CEO and co-founder of  Isometric, said:

“For the first time, DAC in North America has been rigorously certified, producing the world’s first CCP-labelled certificates in the pathway It’s a critical proof point for the technology’s practical potential. Passing this first hurdle opens the door to larger, more frequent issuances and, most importantly, scale.”