Voluntary Carbon Credits
November 1, 2023: For immediate release, please click here to read the press release from RPMG.
Contact: Mathias Peterson
mpeterson@rpmgllc.com ph. 952-465-3271
Background
RPMG offers carbon credits in both the compliance and voluntary markets.
One of RPMG’s owner plants, Red Trail Energy, operates a bioethanol facility that began capturing, sequestering, and storing CO2 underground in 2022. This bioenergy with carbon capture and storage (BECCS) facility, utilizes a technology-based carbon removal process to capture and store CO2 from the fermentation process in fuel bioethanol production. The corn feedstock also naturally captures and stores CO2 through photosynthesis during the corn growing cycle making for a sustainable energy molecule that also permanently removes carbon dioxide.
Red Trail Energy has partnered with Puro.earth registry to generate carbon dioxide removal credits. The credits go through a verified 3 party life cycle analysis and are completely traceable. The sequestered carbon is subject to multi regulatory authority permitting, periodic reporting and third-party audit. Generated removal credits further undergo third-party life cycle analysis and subsequent protocol verification. This framework of regulatory requirements and voluntary standard adherence provide the underpinnings of project traceablity and counterparty assurance.
RPMG plants getting involved
An RPMG plant in North Dakota is on the cutting edge:
See the project here:
https://undeerc.org/research/projects/redtrailenergyccs.html
Voluntary Carbon Market partners:
What is BECCS?
Bioenergy with carbon capture and storage, or BECCS, involves capturing and permanently storing CO2 from processes where biomass is converted into fuels or directly burned to generate energy. Because plants absorb CO2 as they grow, this is a way of removing CO2 from the atmosphere.