"Our Biochar is the only one in the world to date whose Biochar quality and the Carbon Credits it produces are verified, certified, and insured by one of the largest financial institutions in the world". This allows our customers to actually cash in on the Carbon Credits in an easy and straightforward manner, thus eliminating all the potential fraud encountered in this industry.
How carbon credits work
The International Glasgow Convention obliges countries and industries to reduce CO2 carbon emissions and move to renewable green energies while setting clear goals for each country. Failure to meet the carbon reduction targets could lead to economic sanctions against the country, lowering their international credit rating, or denying credit to polluting companies or countries, and imposing fines.
The consensus that producing Biochar and sequestering it in soil, asphalt, construction material and all its many other applications, preventing carbon dioxide emissions into the atmosphere, has led to the opening of an economic niche for "investment houses" that trade in carbon credits, namely: polluting industries can "purchase" carbon credit from Biochar producers or trading platforms and thus "offset" their carbon emissions.
The common equation is: sequestering one ton of our Biochar in the soil, asphalt, building materials, or any other application = preventing emissions of approximately 2.7 tons of CO2 into the atmosphere (according to our Life Cycle Analysis Certification). The payment per ton of CO2 sequestered is between $120-$220 in the global voluntary markets, and about $35-75 USD in the California Cap & Trade marketplace.
The registration and certification process of the manufacturer involves many tests by environmental engineers, regulatory approvals and laboratory tests on the quality of the Biochar product produced as well as on the equipment used to manufacture it. It should be noted that we are the only company in the world whose Biochar and the carbon credits it creates, are Verified, Certified, and Insured by one of the largest financial institutions in the world. The insurance program ensures the creation of our Biochar carbon credits and the realness, additionality, permanence, and exclusivity of our carbon credits. Our insured carbon credit program also provides insurance against devaluation, degradation, deterioration, or invalidation of a Biochar Now Biochar carbon credit by a recognized government regulatory authority for the life of the carbon credit.
Demand for carbon credits is expected to grow sharply. The Taskforce on Scaling Voluntary Carbon Markets (TSVCM), sponsored by the Institute of International Finance with knowledge support from McKinsey, estimated that demand could grow at least 15-fold by 2030 and as much as 100-fold by 2050, and that the market could exceed $50 billion in 2030. McKinsey's analysis for the taskforce describes today's voluntary market as fragmented and complex, with limited pricing data and some credits of questionable quality. Source: the TSVCM reports.
By providing Verified, Certified, and Insured Carbon Credits; which are essentially AAA Derivatives, we mitigate counterparty risk for spot and intended (future) insured Carbon Credit purchases by companies needing to offset their carbon footprint and avoid any potential fraud.
