Our projects transform Renewable Natural Gas (biomethane) plants into carbon removal factories.
This first project is designed to kick-start a revolution in how we do carbon removal. It can be copied hundreds of times wherever CO2 storage sites or mineralization opportunities appear. We are starting in our own back yard here in Scandinavia.
Renewable Natural Gas is renewable energy made from sewage, food waste and animal manure. Biogenic CO2 is released as part of the process, often at a very high level of purity – captured and released as a by-product.
Instead of releasing this CO2 back to the atmosphere, Inherit builds projects that transport the gas to geological storage sites for permanent removal. This first project intends to transport the CO2 to the Northern Lights storage facility in Norway.
By purchasing pre-CORCs from Inherit, our customers enable us to build our first project.
Biogas facilities treat some of our waste streams that are the hardest ones to treat, at the same time as they produce a source of energy equivalent to natural gas with the exception that it has a non-fossil origin. They also produce a valuable fertilizer that has the potential to replace mineral fertilizer as well as improving local and regional soil management by directing different nutrients to different parts of the agriculture. By incentivizing biogas facilities to take this extra step, the sale of CORCs will in turn encourage more biogas facilities to do the same and improve the business case for additional facilities to get built.
In other words – biogas facilities are building blocks in the circular economy and working with them creates a unique set of co-benefits that include the production of renewable energy, the upcycling of organic waste streams and long-term local employment in rural as well as urban communities.
The additionality of these CORCs is 100%.
The CO2 emissions from biogas facilities are biogenic and occur regardless of biogas treatment. What these facilities do today is capture the methane that would otherwise get emitted and produce it as a renewable alternative to natural gas from fossil sources.
The CO2 emissions that our projects harvest and re-direct to geological storage are not regulated and do not appear in emission inventories at a national or local level. There are no incentives to manage these emissions other than the sale of CORCs and this enables us to state with confidence that the climate benefit of purchasing these certificates is fully additional.
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