VERIFYING OUR DATA
Every aspect of our process is measured and verified, from capture of carbon to retirement of carbon credit, and carbon impact of energy used throughout the entire process.
We apply a rigorous method to ensure the integrity of our process to demonstrate that we are safely, efficiently, and permanently storing carbon dioxide underground. First, we model the carbon sink based on known properties reported in peer reviewed articles. This also includes a modeling of the emissions point source and any cleanup or transport that will be required.
We input all of this data into a third-party software application that calculates where and when the CO2 has been sequestered and how much CO2 has been sequestered. The software uses a blockchain as the ledger to verify the accuracy of data using a variety of machine learning and artificial intelligence capabilities. The blockchain incorporates the data from our monitoring technologies to record the total carbon dioxide we sequester in the ground throughout the entire lifecycle of the process, from the original carbon stock through operational processes, measurements of total tonnage absorbed, and any indirect impacts.
Generation of Carbon Credits
Once the carbon dioxide has been safely stored in the ground, we generate and sell carbon credits. We do this by first verifying every step in the process and the provenance of the carbon credits. Our verification process is based on a sophisticated subsurface monitoring of the carbon dioxide, which in turn demonstrates the permanence of the credits we generate.
From the outputs of this third-party application, we assemble carbon credits on the CGC registry that include all the information required for an independent third party to verify the integrity of each carbon credit. This information is made available through a public registry that will be accessible by credit buyers and government entities.
This allows us to communicate not just the monetary value of a metric ton of carbon dioxide, but also the specific ways in which our process and operations creates tangible social and economic benefits in the communities/regions where we operate.