Axial and transverse load FEM analysis of CORC cables and ...
The world's first marketplace to offer ... - IEA Bioenergy€¦ · certificate i-e- Greenhouse Gas...
Transcript of The world's first marketplace to offer ... - IEA Bioenergy€¦ · certificate i-e- Greenhouse Gas...
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The world's first marketplace to offer verified CO2 removal certificates
Trading since May 2019
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In this presentation you will learn …
What is Puro and CORC
Who is buying and Why
Is my biochar eligible to receive CORCs
What do I need to do to get CORCs
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CO2 terminology
• Emission as is
• Low carbon
• Carbon neutral
• Carbon net-negative
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Each 1 ton of Net-negative CO2 removalearns 1 CORC = CO2 Removal certificate i-e- GreenhouseGas Removal and storage
Synonyms to CORCNegative emissions
Carbon sinks with no leakage for 50+ yearsGreenhouse Gas Removal
CCS – carbon capture and storageCCUS – carbon storage in a durable product
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Any Co2-net-negative
technologyCapture-to-storage
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if long-term stored &can be measured
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WHAT IS PURO
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What is Puro ? A registry and a marketplace for tradablecertificates CORCs issued for carbon net-negative operations
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3SUPPLIERS
SELL BUY
14BUYERS
Trade started May 2019
Puro fee 6%
22.67€weighted average price Oct 2019
Extra income for expanding operations
Compensate emissions they cannot avoid.
€
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WHO IS BUYING
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Who is buying CO2 Removal certificates in Puro?Many types of companies have purchased CORCs in auctions
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Travel, Logistics
Agri-Food
Energy
Offset-retailers
Consultants
IT-Digital
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WHY ARE THEY BUYING
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Why purchase CORCs? To turn their products and services carbon neutral and remain competitive
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IS MY BIOCHAR ELIGIBLETO RECEIVE CORCS
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CO2 Removal in Puro - Any long-term methodThree methods ready to receive certificates, more to come
Carbonated building element
• Typical use: pavements, ground engineering
• Mineralization CO2 →
CaCO3
Biochar
• Typical use: plantations, storm drains
• Concentration of carbon to non-decomposing form by pyrolysis
Wooden building elements
• Typical use: schools, homes
• CO2 storage in durable structures
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Puro requirements are defined in Biochar methodologyDownload from https://puro.earth/suppliers/
• Biomass or waste mass harvested with sustainable methods
• Methane recycled back to process, not released
• Laboratory tested biochar permanence and stability (H/C, O/C)
• Not shipped to customers that burn it
• Ex-post, you have biochar production for past 6-12 months
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WHAT DO I NEED TO DO TO
TO RECEIVE CORCS
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PURO CO2 REMOVAL
MARKETPLACE
To get CORCs to your biochar production
You do
- Claim how muchCO2-net-negative removal you havemade last 12 months
- Proof it with LCA
- Make a contractwith Puro
- Welcome auditor to visit your facility
We do
- Order and pay for a 3rd party auditor to verify your claim
- Open you a Puro account and issueCORCs
- Enable sales of CORCs to the buyers
- Pay you the CORC revenue deductedwith 3% fee
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AuctionClaim
Verify
Issue
Produce
Producemore
Invest
CO2 removalsupplier
Emit
Reduce
Need for removal
Reportfootprint
Buyer
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Trapped in a product
Permanence of Puro CO2 Removal certificate CORC
STORAGERequires active keeping and maintenance, otherwise CO2 vaporizes
PERMANENCEStable foreveror minimum 50 years
Depends on time-window when emits and when sinks
KEEPING & MAINTENANCE
None needed CO2 stored as long as sink management continues. CO2 escapes when stopped
Vs.CORC SINKRemoved, extractedfrom active carbon cycle
Soil, forest, consumablesIn active carbon cycle
Structures, durables, geostorage