FAQs
Welcome to the Puro.Earth FAQ page, we address the most frequently asked questions our ecosystem has. If you have specific inquiries or seek more detailed information, feel free to reach out – we're here to help!
How can we help you?
On February 2, 2025, Puro implemented a new minimum CORC fee structure to enhance the efficiency of our audit processes and scale the CDR industry better, faster, and stronger. We also implemented a waiver that is a significant advantage for our customers that meet certain requirements, as it eliminates the Retirement Fee, making long-term offtake trades more cost-effective and attractive.
It depends on your output volume. The new service fee model provides volume discounts as done in earlier models. We aim to incentivize growth with our valued suppliers, which is why we continue to significantly discount the price per CORC with growing issuance volume.
A fee that has changed since February 24, 2025 is the Flat Fee applying for such CO2 Removal Facilities that do not meet the minimum production requirements. As Puro continues to cover all verification cost to its suppliers, a minimum threshold needed to be established to ensure service fees that only apply once CORCs are sold can cover all external cost. That said, the ability to pay a flat fee allows suppliers that do not meet the minimum requirements to undergo Puro’s certification journey and eventually seek issuance.
The new fee model will be operational at the beginning of October 2024. This means that for any transactions happening after that date, the new service fee applies. For existing CO2 Removal suppliers, the fees will be based on the cumulative volume over the last 364 days from the date of issuance of their CORCs.
Pooling is requested in the MyPuro portal at the time of Reporting the Output.
This is the output volume that a CO2 removal supplier reports to the issuing body when submitting their production output report.
The Puro Registry is used for tracking the entire lifecycle of the credit. As we discontinued the secondary trading fee which would incur costs for each transaction, but was not welcomed by some commodity traders, we decided to move to single fixed cost at the end of the lifecycle to cover some of the costs of maintaining the system.
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