The biochar producer American BioCarbon announced it now has CO2 Removal Certificates (CORCs) for sale per agreement with Puro.earth. The company will be able to produce 240,000 carbon credits annually after the completion of its first commercial facility which would make it the largest producer of carbon credits in North America.
The issuance of CORCs were followed by an independent audit process by Puro.earth – the world’s first carbon removal B2B marketplace, standard and registry for the voluntary carbon market.
The company certifies suppliers of carbon credits based on the Puro Standard. It follows rigorous methodologies of accrediting carbon removals and have them independently verified by a third-party to issue the CO2 Removal Certificates. One certificate equals one ton of CO2 permanently removed.
According to American BioCarbon, this milestone places it at the forefront of carbon removal at scale. American BioCarbon offers consistent production of premium biochar, along with other low-emissions products.
It manufactures its products from bagasse which is the leafy material attached to the cane that is left behind when sugar cane is harvested and processed to make sugar. The bagasse normally goes to waste, it is either burned in the field or left in piles to decompose, causing greenhouse gas emissions release.
American BioCarbon uses this material from sugarcane waste to produce new materials of value like biochar, absorbent pellets, and fuel pellets. American BioCarbon’s biochar saves the emissions from bagasse decomposition or burning, and adds benefits to the soil like improved productivity, improved water and fertilizer retention, and steady plant growth.
The U.S. grows nearly 33 million tons of sugar cane each year, producing 10 million tons of bagasse. Over 1 million acres of land is also dedicated to sugar cane production. These millions of tons of unused material creates heavy environmental problem, therefore solutions like turning them into biochar saves greenhouse gases and helps farmers improve crop productivity.