ICROA

Red Trail Energy Is First Ethanol Plant to Enter Voluntary Carbon Markets

Retrieved on: 
Wednesday, March 6, 2024

Red Trail Energy, LLC (RTE), and Puro.earth today announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM) and the largest durable carbon removal project registered to date.

Key Points: 
  • Red Trail Energy, LLC (RTE), and Puro.earth today announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM) and the largest durable carbon removal project registered to date.
  • View the full release here: https://www.businesswire.com/news/home/20240306717962/en/
    North Dakota-based Red Trail Energy is the first ethanol plant to participate in the voluntary carbon markets.
  • The carbon dioxide removal (CDR) credits are generated through bioenergy with carbon capture and storage (BECCS) from ethanol production in compliance with Puro’s Geologically Stored Carbon Methodology.
  • CO2 Removal Certificate sales in voluntary markets are necessary to support building out CCS projects while reducing carbon removal project financial risks.

Covalent Announces Public Consultation for Enhanced Certification Standard, Seeking Endorsement from ICROA

Retrieved on: 
Tuesday, February 20, 2024

SAN FRANCISCO, Feb. 20, 2024 /PRNewswire/ -- Covalent, a financing platform for permanent carbon dioxide removal (CDR), announced today that its Certification Standard is now open for public consultation.

Key Points: 
  • SAN FRANCISCO, Feb. 20, 2024 /PRNewswire/ -- Covalent, a financing platform for permanent carbon dioxide removal (CDR), announced today that its Certification Standard is now open for public consultation.
  • Following the initial release of the Standard in May 2023, the company is seeking feedback on the enhanced Standard aligned with the rigorous criteria set by ICROA.
  • This initiative reflects Covalent's commitment to scaling the emerging permanent CDR industry by addressing trust, transparency, and downside risk concerns.
  • The consultation period starts on February 20th and will remain open until the close of business on March 21st.

ICROA Endorses Standard for Urban Forest Carbon Offsets

Retrieved on: 
Wednesday, June 21, 2023

SEATTLE, June 21, 2023 /PRNewswire/ -- The International Carbon Reduction and Offset Accreditation (ICROA) has endorsed the carbon crediting Standard City Forest Credits, a Standard dedicated to carbon credits generated by urban forests – trees in and around cities and towns. This endorsement represents the 15th*independent standard endorsed in ICROA's 15-year history.

Key Points: 
  • City Forest Credits issues credits in U.S. cities for carbon and co-benefits
    SEATTLE, June 21, 2023 /PRNewswire/ -- The International Carbon Reduction and Offset Accreditation (ICROA) has endorsed the carbon crediting Standard City Forest Credits, a Standard dedicated to carbon credits generated by urban forests – trees in and around cities and towns.
  • City Forest Credits is a non-profit carbon Standard based in the U.S. that develops carbon protocols and issues carbon credits to tree preservation and planting projects in and around cities and towns.
  • ICROA is an accreditation programme for carbon market intermediaries who follow the ICROA Code of Best Practice.
  • "We are delighted to endorse the City Forest Credits Standard as a valuable addition to the ICROA Code of Best Practice.

NAVIGATOR CO2 PARTNERS WITH PURO.EARTH TO GENERATE CDR CREDITS FROM HEARTLAND GREENWAY CCUS PROJECT

Retrieved on: 
Tuesday, May 23, 2023

The framework pairs Puro's Geologically Stored Carbon Methodology endorsed by the International Carbon Reduction and Offset Alliance (ICROA), with Navigator's Heartland Greenway CCUS system, providing the first megaton scale access to stakeholders across the Carbon Dioxide Removal (CDR) spectrum.

Key Points: 
  • The framework pairs Puro's Geologically Stored Carbon Methodology endorsed by the International Carbon Reduction and Offset Alliance (ICROA), with Navigator's Heartland Greenway CCUS system, providing the first megaton scale access to stakeholders across the Carbon Dioxide Removal (CDR) spectrum.
  • This collaboration marks a foundational launch for the Voluntary Carbon Market (VCM), enabling unprecedented scalability and impact.
  • "This will help Navigator and its customers bring high-quality CDR credits to the global VCM at an unprecedented scale.
  • The Heartland Greenway project represents a significant advancement in scaling CDR and positions Navigator and its partners as key suppliers of net-negative emissions to the VCM by 2025.

NextGen Buys Carbon Dioxide Removal Credits from Summit Carbon Solutions in Landmark Deal

Retrieved on: 
Wednesday, April 26, 2023

AMES, Iowa, April 26, 2023 /PRNewswire/ -- Summit Carbon Solutions, developer of the world's largest carbon removal project, announced today it has signed a multi-year agreement to sell Carbon Dioxide Removal credits (CDRs) to the NextGen CDR Facility (NextGen). In total, NextGen announced the purchase of 193,000 tons of CDRs from three projects, including a leading U.S. direct air capture project and a Finnish biochar manufacturer, making this one of the largest CDR transactions to date.

Key Points: 
  • AMES, Iowa, April 26, 2023 /PRNewswire/ -- Summit Carbon Solutions, developer of the world's largest carbon removal project, announced today it has signed a multi-year agreement to sell Carbon Dioxide Removal credits (CDRs) to the NextGen CDR Facility (NextGen).
  • "We are thrilled to have NextGen as the counterparty on our first CDR transaction," said Jim Pirolli, Chief Commercial Officer at Summit Carbon Solutions.
  • "At Summit Carbon Solutions, we believe in the positive impact sustainable growth will have on people, communities, and climate security for future generations," said Lee Blank, CEO of Summit Carbon Solutions.
  • To learn more about Summit Carbon Solutions, please visit: www.SummitCarbonSolutions.com
    To learn more about NextGen, please visit: www.southpole.com/nextgencdr
    To learn more about Gold Standard, please visit: www.goldstandard.org/

NextGen, a South Pole/Mitsubishi Corporation joint venture, establishes world's largest diversified portfolio of permanent carbon dioxide removals to scale the market

Retrieved on: 
Wednesday, April 26, 2023

200,000 tonnes of CDRs from carbon removal projects that will constitute the world's largest diversified portfolio of CDRs once delivered.

Key Points: 
  • 200,000 tonnes of CDRs from carbon removal projects that will constitute the world's largest diversified portfolio of CDRs once delivered.
  • NextGen plans to purchase over one million CDRs by 2025 and advocate the CDR market development.
  • Lines, Ltd.
    "Permanently removing carbon dioxide from the atmosphere at scale is vital to achieving net-zero by 2050 and meeting the Paris agreement.
  • "The voluntary carbon market is a powerful tool when financing carbon removal projects, achieving meaningful reductions in greenhouse gas emissions, and improving long-term environmental outcomes.

NextGen - a South Pole/Mitsubishi Corporation joint venture - establishes world's largest diversified portfolio of permanent carbon dioxide removals to scale the market

Retrieved on: 
Wednesday, April 26, 2023

NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.

Key Points: 
  • NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.
  • NextGen, a joint venture between South Pole and Mitsubishi Corporation, includes industry leaders Boston Consulting Group, LGT, Mitsui O.S.K.
  • NextGen will also purchase carbon removal credits from climate tech company Carbo Culture's inaugural high technology biochar project (C1) in Finland.
  • Ambition: NextGen aims to contract over a million tonnes of certified technological carbon removals (CDRs) from projects that will be operational by 2025.

NextGen - a South Pole/Mitsubishi Corporation joint venture - establishes world's largest diversified portfolio of permanent carbon dioxide removals to scale the market

Retrieved on: 
Wednesday, April 26, 2023

NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.

Key Points: 
  • NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.
  • NextGen, a joint venture between South Pole and Mitsubishi Corporation, includes industry leaders Boston Consulting Group, LGT, Mitsui O.S.K.
  • NextGen will also purchase carbon removal credits from climate tech company Carbo Culture's inaugural high technology biochar project (C1) in Finland.
  • Ambition: NextGen aims to contract over a million tonnes of certified technological carbon removals (CDRs) from projects that will be operational by 2025.

SupplySide West Celebrates 25 Years as Premier Event for Health & Nutrition Industry

Retrieved on: 
Monday, November 7, 2022

PHOENIX, Nov. 7, 2022 /PRNewswire/ -- SupplySide West and Food ingredients North America (FiNA), produced by Informa Markets, celebrated its 25th anniversary as the premier gathering of buyers and suppliers in dietary supplements, food and beverage, personal care and animal nutrition. More than 1,100 exhibitors and 15,850 registered attendees gathered October 31-November 4 at Mandalay Bay in Las Vegas to focus on what's next in the industry.

Key Points: 
  • SupplySide West helped us create buzz around our Mexico-grown organic hibiscus, which we offer in everything from dried flowers to extracts from a traceable source.
  • "The SupplySide team is proud to support the health and nutrition industry's success for 25 years," said Danica Cullins, Senior Vice President, SupplySide at Informa Markets.
  • Industry members unable to attend the show learned from industry experts and discovered the newest trends throughthe SupplySide Network 365 platform.
  • SupplySide Network 365 (SSN365) empowers people and companies in the health and nutrition industry to Discover, Connect, Meet, Learn and Source.

Natural Products Expo East Set to Return to Philadelphia Sept. 28 - Oct. 1; Natural Products Industry will Gather to Discover, Learn and Push the Industry Forward

Retrieved on: 
Thursday, September 15, 2022

PHILADELPHIA, Sept. 15, 2022 /PRNewswire/ -- Informa Markets' Natural Products Expo East, part of the New Hope Network family of brands, is set to return for its second year at its new home at the Pennsylvania Convention Center in Philadelphia, Sept. 28 through Oct. 1. Celebrating its 37th occurrence, the event is expected to draw 1,100 exhibitors and more than 20,000 registered attendees to reconnect with colleagues, learn from experts and see first-hand the latest innovations coming soon to retail stores.

Key Points: 
  • In addition to best-in-class health and safety protocols, Natural Products Expo East will feature new, returning and expanded initiatives.
  • "I'm excited that Natural Products Expo East will pursue this certification as an extension of our comprehensive sustainability program.
  • Natural Products Expo East is produced by New Hope Network and is co-located with BioFach America and Harvest Festival.
  • Industry members unable to travel to Philadelphia are invited to participate through the Natural Products Expo Virtual platform .