Puro.earth listed
Quantity
190 000
CORC Price
90 €
Production Timeline
Q3 2024-Q4 2025
About the project
PBFH has positioned itself to be one of the world leaders in carbon offsetting. It will help solve the global challenges by providing much needed biofuels, biochar, activated carbon, certified carbon removal credits and social carbon credit programs to the global market. PBFH is a pioneering company specializing in Industrial Hemp to biofuels and biochar with durability for long-term carbon removal from the atmosphere.
PBFH will provide the highest quality, high carbon, plant based biochar at the lowest price world wide due to PBFH's volumes per year. To find out how your company can be involved in a nature based, carbon removal PBFH JV Equity partnership to profit share in multiple revenue streams feel free to reach out to daniel@pacificbiofuels.com.au
With over 85,000 hectares and growing. Our goal is for PBFH and Papua New Guinea to be the shining beacon for quality accessible carbon removal credits, which will positively impact the climate and dramatically improve the lives of people in Papua New Guinea.
Thank you for your time.
Key Project Data
- Type of projectNew facility or site
- Carbon removal methodologyBiochar
- Durability of carbon removal in years (number)1000
- Co-benefitsHydrogen
Job creation
Social programs
Apprenticeships with gender equality
Education - Sustainable Development Goals (SDGs)
- Production facility countryPapua New Guinea
- Site visits are possibleNo
- Certifications or assessments
- University of Queensland certified Hemp results
- LCA
- JV agreements
- Lease agreements
- MOU's with strategic partners
- Project start date01/09/2023
- Expected certification and issuance date01/05/2024
- Annual carbon removal capacity in tCO2e (number)144000
- Additionality
If one would invest in a biochar production process, the revenue from the biochar will need to be larger than the investment and operation costs of the pyrolysis plant.
The CORCs will help the business in the sense that it will push the revenue past the costs.
- Implementation of this project is subject to receiving funding (equity or debt)Yes
- Implementation of this project is subject to permits (building, environmental, etc.)No
- Implementation of this project is subject to reaching minimum pre-CORC commitmentsYes
- The above conditions are expected to be fulfilled on this date01/06/2023
About the supplier
PBFH Pty Ltd
There is an enormous need for companies around the world to change their fuels and offset their emissions with complete carbon removal through biochar to create a better, cleaner environment. PBFH sees a way to achieve this with over 80,000 hectares, the world's first, state-of-the-art technology that creates transparency, provenance, and real-time data recording for our clients while helping to improve the quality of life for the people of Papua New Guinea through apprenticeships, training, developing skills, education, health, and employment for locals.
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