Remove CO₂
What are carbon removal credits and offtakes?
Carbon removal purchases allow an entity to pay a carbon removal company to remove CO2 out of the atmosphere. Buyers can make two types of purchases:
Credit > A specified amount of tons/CO2, price, and time of carbon removal delivery.
Offtake > A multi-year contract to purchase a specified amount of tons/CO2, price, and time of carbon removal delivery.
How to measure and verify your purchase?
To ensure each credit developed and sold to a purchaser is measured accurately, verified and accounted for, an MRV (Measurement, Reporting, and Verification) is generated by a 3rd party reviewer.
Robust MRV processes build purchaser and systemic trust along the project development process:
Ensure that the scientific principals actually contribute to carbon drawdown (White Paper)
Ensure that what the project developer plans to do is consistent with these scientific principles, they accurately take into account externalities, and their data methodologies are unbiased (Methodology)
Ensure that operationally, the project developer abides by the methodology (Verification)
Ensure that generated credits are not double counted to purchasers, and once purchased, are “destroyed” (Registration)
In these stages, 3rd party reviewers are brought in to review principles, sign off, or as operators of specific parts of the process to ensure conflicts of interest don’t occur.
Reach out to Arbor at sales@arbor.energy or fill out the form.
Arbor has partnered with EcoEngineers, a consulting, audit, and advisory firm exclusively focused on the energy transition, for the MRV and the report can be found here.