Market Alert : Global and Australian Tech Stocks Hit Hard by Growing AI Concerns

Coralias Pioneering Carbon Removal Initiatives for Sustainable Data Centres.

NoviqTech’s (ASX: NVQ) subsidiary, Coralia, is leading the way in reducing data centre emissions with its high-quality, large-scale Carbon Dioxide Removal (CDR) solutions. As AI-driven growth contributes to rising emissions in the sector, Coralia’s biochar projects offer a sustainable method to help businesses meet their net-zero targets. The process involves converting invasive woody weeds, such as Chinese Apple, into biochar, which sequesters carbon for millennia while benefiting industries like agriculture and construction. One of Coralia’s flagship projects, the Great Barrier Reef Biochar Project, aims to convert 2 million tonnes of biomass into agricultural-grade biochar, sequestering around 550,000 tonnes of CO2. Coralia is positioning itself to capitalize on the rapidly growing trillion-dollar CDR market, delivering positive environmental, economic, and social impacts through innovative carbon removal solutions.

 

 

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