Company’s first commercial facility is slated to be among largest producers of carbon credits in US in 2024
WHITE CASTLE, La., September 26, 2023–(BUSINESS WIRE)–American BioCarbon, a revolutionary manufacturer of sustainable products derived from sugarcane bagasse, has been pre-certified by Puro.earth for CO2 Removal Certificates (CORCs) generated by bagasse biochar production in its commercial facility. This milestone marks a significant step in American BioCarbon’s mission to combat climate change through innovative solutions that simultaneously address multiple UN Sustainable Development Goals.
The American BioCarbon project demonstrates how to create economic value and environmental benefits within a circular economy. When the commercial facility becomes fully operational in 2024, it will generate more than 175,000 high-integrity CORCs annually, establishing American BioCarbon as one of the leading producers of carbon removal credits in North America. America BioCarbon currenly operates a demonstration-scale facility co-located with Cora Texas Sugar Mill, where it has a production volume of over 2,000 CORCs. Biochar has the potential to sequester 1.36–3.00 gigatons of carbon dioxide emissions by 2050. American BioCarbon will play a critical role in bringing the industry to scale at a time when demand is urgent.
Puro.earth focuses on net-negative verified technology that specializes in carbon removal and long-term storage. American BioCarbon’s pre-certification demonstrates its successful compliance with Puro.earth’s rigorous requirements. This involves a meticulous verification process conducted by an accredited, independent third party to confirm that American BioCarbon’s biochar is carbon net-negative and socially responsible.
Ned Dwyer, CEO of American BioCarbon, expressed enthusiasm about the pre-certification. Dwyer stated, “Pre-certification from Puro.earth provides a clear path to our 2024 commercial-scale production goals. American BioCarbon willbe able to sell even more CORCs to brokers, venues, businesses, and marketplaces committed to investing in high-quality carbon removal solutions with verified integrity and co-benefits.”