π Tender Overview
The Coda Terminal will be the worldβs first carbon mineral storage terminal, providing a new, safe and scalable method of permanent CO2 storage. Coda will establish the full carbon capture and storage (CCS) value chain, using sustainable propulsion to ship CO2 to Iceland for injection into basaltic rocks and permanent storage as carbonate minerals. Coda is a novel, low-cost CCS solution and a crucial contribution to achieving the EUβs long-term climate targets, planning to achieve 91% relative greenhouse gas emission avoidance over the first ten years of operation.