Red Trail Energy LLC (RTE) and carbon crediting platform Puro.earth announced the issuance of RTE’s CO2 removal credits on the Puro Registry on March 6, making RTE the first ethanol production facility to generate CO2 removal certificates (CORCs) in the voluntary carbon market.
RTE captures CO2 from the ethanol fermentation process at its 64 MMgal/year corn ethanol production facility and stores it in a permitted underground Class VI well 6,500 ft beneath its facility.
Carbon removal credits are generated through bioenergy with carbon capture and storage from ethanol production in compliance with Puro’s geologically stored carbon methodology. Carbon removal will be available as CORCs to help buyers complement their emission reduction activities in pursuit of net-zero targets.
Under the guidance of Puro.earth and clean energy advisory firm EcoEngineers, RTE was issued more than 150,000 CO2 removal certificates from the first 14 months of CCS operation. Prior to the issuance of the certificates, RTE underwent independent verification and successfully met all requirements of feedstock sustainability, carbon sequestration permanence and financial additionality.
Recommended Reading
DC Appeals Court Sends Louisiana LNG Permit Decision Back to FERC
2024-07-17 - The Washington D.C. Court of Appeals' decision follows a railroad dispute headed to the Supreme Court this fall.
BP Energy Outlook: Oil Demand Diminishes, NatGas, LNG a Wildcard
2024-07-16 - BP’s energy outlook presents a view at current trends for energy use through 2025 and a net zero case, which would require a history-defying shift from adding fuel sources to substituting them.
Post-Beryl: US LNG Exports Down While Tankers Await Freeport LNG’s Reopening
2024-07-15 - Partial restart on Freeport LNG is anticipated later this week. Meanwhile, the port itself remained closed July 15 to LNG tankers and others with drafts of more than 39 ft.
KC Fed Survey: NatGas to Rise, but Not Enough for Profitability
2024-07-15 - The Kansas City Federal Reserve Bank’s energy survey saw activity decline in the second quarter as producers look to the back half of 2024 for natural gas prices to improve—but not enough to turn a profit.
Pemex Reduces Fuel Thefts as US-Mexico Energy Trade Value Dips
2024-07-15 - Mexico, the largest export market for U.S. petroleum products, expects to lessen its foreign fuel dependence as its builds a new $16 billion refinery.