Boeing has entered into a significant long term carbon removal agreement with Charm Industrial, committing to purchase up to one hundred thousand tonnes of permanently stored carbon as part of its broader climate strategy. The partnership marks one of Charm’s largest commercial deals to date and represents the aviation sector’s growing interest in scalable, high integrity carbon removal pathways. As airlines and aerospace manufacturers confront the limits of existing decarbonisation technologies, the agreement raises an important question. Can emerging engineered carbon removal solutions become a meaningful pillar of aviation’s climate strategy, or will cost and supply constraints hinder adoption in the near term.
Charm Industrial Expands Its Reach with Aviation’s First Large-Scale Bio-Oil Contract
Founded in 2021, Charm Industrial has quickly become one of the most visible players in the carbon removal landscape. The company pioneered a process that converts agricultural residues and other biomass into bio oil through pyrolysis. The bio oil is then injected into deep geological formations where it solidifies and stores carbon for centuries to millennia. Earlier this year, Charm expanded its offering to include biochar, diversifying its portfolio of durable carbon removal options. The Boeing agreement marks Charm’s first with a company in the aviation sector, joining earlier commitments from buyers such as Google, JPMorgan and Frontier, which signed a fifty three million dollar offtake deal to support early market development. For Charm, partnerships with large industrial buyers help validate its approach and enable the company to scale infrastructure rapidly.
Aviation’s Growing Focus on Durable Carbon Removal
Aviation remains one of the most challenging sectors to decarbonise due to the limits of aircraft design, slow fleet turnover and the long commercial viability cycles for new fuels. Boeing has offset its Scope 1 and Scope 2 emissions since 2020, as well as emissions from its business travel, using conventional offsets. The company recently shifted its carbon management approach to emphasise emission avoidance as the primary objective, with removals relied upon for residual emissions that cannot yet be eliminated. Durable carbon removal, which includes pathways capable of storing carbon for centuries, is increasingly viewed as essential for sectors where direct emissions reductions are constrained by technology. Boeing’s agreement signals that engineered removals, once considered a far future solution, are now being incorporated into corporate climate plans much earlier.
How Charm Industrial’s Bio-Oil Process Works?
Charm’s core technology relies on plants to capture CO2 from the atmosphere through photosynthesis. After harvest, agricultural residues or biomass collected through forest fire management are directed to Charm’s pyrolysis units. The biomass is heated in low oxygen conditions, producing a stable bio oil and a small amount of biochar. The bio oil is then transported to secure, regulated injection sites where it is pumped into geological formations and gradually hardens. This process ensures long term storage and avoids the re release of carbon back into the atmosphere. Because the carbon originates from recent plant growth rather than fossil sources, the process produces net negative emissions. The company’s ability to provide detailed monitoring, reporting and verification has made it attractive to buyers seeking high integrity carbon removal rather than traditional offsets.
A Strategic Partnership Reflecting Rising Demand for High-Quality CDR
Charm described the agreement as a meaningful step forward in building a durable carbon removal market and an indication of stronger alignment between engineered removals and aviation climate needs. As airlines and aerospace manufacturers evaluate pathways such as sustainable aviation fuel, hydrogen and electrification, carbon removal is emerging as a supplemental tool to address residual emissions. Boeing’s participation creates a market signal that may encourage other aviation companies to pursue similar agreements. With long term climate targets approaching, companies with global operations are under increasing pressure to secure access to high quality removals before supply tightens.
Carbon Removal Market Entering a Period of Rapid Growth
The broader carbon removal ecosystem is expanding as investors and corporates seek solutions capable of stabilising atmospheric carbon concentrations. Charm’s rapid growth reflects these trends, but also highlights the challenges the sector faces. Large scale deployment will require expanded feedstock collection systems, more injection wells, standardised verification frameworks and clear regulatory oversight. Early offtake agreements from companies such as Boeing play an essential role in providing the financial security needed to build this infrastructure. As Charm ramps up production capacity and diversifies into additional carbon removal pathways, Boeing’s commitment could become a model for how industrial sectors integrate durable removals into long term climate planning.
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A Milestone for Aviation’s Climate Transition
The agreement underscores an accelerating shift in corporate climate strategies. Rather than relying exclusively on energy efficiency upgrades and fuel switching, companies are beginning to recognise the role of carbon removal as a complement to decarbonisation efforts. For Boeing, this partnership with Charm serves both as a climate tool and as a signal to customers, regulators and investors that the company intends to support emerging solutions that address aviation’s hardest challenges. Whether durable carbon removal solutions scale quickly enough to meaningfully support the aviation industry remains uncertain. What is clear is that early deals like Boeing’s help build the market infrastructure required to make such solutions viable over the coming decades.
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