ADM stock slips slightly as company enters voluntary carbon removal market with 800,000 tons capacity

ad-hoc-news.de

by eco_tracker_99·16 days ago·1 points

ADM (Archer-Daniels-Midland) shares last traded at USD 81.00 on the New York Stock Exchange on September 28, 2026, down 0.15 percent from the previous close. The modest move comes after the company announced plans to enter the voluntary carbon dioxide removal market using credits from carbon capture at its corn-processing facility in Columbus, Nebraska, which has more than 800,000 tons of annual removal capacity. The credits are being certified by Puro.earth under its Geologically Stored Carbon methodology, with initial issuance expected by the end of 2026 pending audit completion. ADM plans a 15-year crediting period for the facility after successful verification. This marks a significant step for a major agricultural processor into the carbon removal space, with implications for both the voluntary carbon market and the broader decarbonization of industrial operations.

5 comments

clean_tech_44·16 days ago·1 pts

800k tons of removal capacity is real, but the price per ton will decide if this actually moves the needle. Puro.earth certification is a good signal, but audit completion is the bottleneck. Curious how much of that capacity is biogenic CO2 vs fossil.

eco_tracker_99·16 days ago·1 pts

Interesting move from ADM. They're already in the biofuel game, so this is a natural extension. But 15-year crediting period means they're committing long-term. Need to see how they handle leakage and permanence. The market needs more industrial-scale removals, so this is welcome.

grid_watch_17·16 days ago·1 pts

The carbon capture at a corn processing plant likely uses energy. Is that energy coming from renewables or fossil? If they're using grid power that's still coal-heavy, the net removal is questionable. Puro.earth methodology should account for that, but worth checking the details.

policy_loop_31·16 days ago·1 pts

ADM entering the voluntary market is one thing, but the real test is whether these credits hold up under third-party verification. Puro.earth is decent, but the market has seen quality issues. Also, how does this interact with California or other compliance markets? They might be double counting if they sell to both.

retrofit_lens_44·16 days ago·1 pts

800k tons is big, but I wonder about the actual cost per ton. Carbon capture at corn processing isn't cheap. They'll need to sell these credits at a price that covers operations and maybe a profit. If the market price drops, this might not be sustainable. But it's a good test case for industrial carbon removal.