Tuesday, May 21, 2024

American BioCarbon carbon removal credits now available for sale

by BIZ Magazine

WHITE CASTLE, La.–(BUSINESS WIRE)–Jan 30, 2023– American BioCarbon, an innovative manufacturer of renewable products made from sugarcane bagasse, now has C0 2 Removal Certificates (CORCs) for sale per an agreement with Puro.earth. Following an independent audit process conducted by Puro.earth to verify its biochar, American BioCarbon’s CORCs are now a certified digital trade asset available for purchase. This major step puts American BioCarbon at the forefront of carbon removal at scale.

Upon the completion of American BioCarbon’s first commercial facility, which is currently in construction, the company will produce 240,000 carbon credits annually and will be the largest producer of carbon credits in North America. Globally, there is rapidly expanding corporate commitment to net-zero carbon footprints and, therefore, rapidly increasing demand for certified CORCs to offset carbon emissions that cannot be eliminated. The current demand for carbon removal credits continues to rise and is far outpacing supply.

Co-located with the Cora Texas Sugar Mill in White Castle, Louisiana, American BioCarbon offers consistent production of premium biochar, which is third-party certified as a carbon removal tool. American BioCarbon’s biochar is an effective carbon removal solution, which takes an agricultural waste product that otherwise creates significant environmental liability and transforms it into a valuable climate-positive commodity. In alignment with the Puro.earth standard, American BioCarbon CORCs result in measurable, long-term carbon removal.

American BioCarbon’s bagasse-based biochar captures carbon in a secure chemical structure that would otherwise release into the atmosphere through decomposition or burn-offs, providing a stable carbon storage solution. American BioCarbon’s biochar has the added benefit of doubling as a beneficial soil amendment, which improves water and fertilizer retention, and steadies plant growth, making fields more productive.

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