Puro.earth listed
Quantity
190 000
CORC Price
90 €
Production Timeline
Q1 2025-Q4 2025
About the project
PBFH is a high quality carbon removal company that producers in demand oil feedstock for biofuel producers as well as high carbon biochar and activated carbon. PBFH is a pioneering company specializing in Industrial Hemp to biofuels and biochar with durability for long-term carbon removal from the atmosphere.
PBFH have designed state of the art pyrolysis processing machines with high throughput of 40t per hour and powered by syngas
(hydrogen) which is released during the pyrolysis process.
PBFH have obtained 68,000 hectares under 35 year lease agreement in Central Province of Papua New Guinea. PBFH goal is for 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.
For all PBFH enquiries email daniel@pacificbiofuels.com.au
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 date01/01/2024
- Expected certification and issuance date01/05/2025
- 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.
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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