RTE: 1st Ethanol Plant to Enter Voluntary Carbon Markets
OAKHURST, N.J. (DTN) -- Red Trail Energy, LLC, and Puro.earth announced the issuance of RTE's carbon dioxide removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates in the voluntary carbon market and the largest durable carbon removal project registered to date. North Dakota-based RTE will be offering CORCs through its marking firm RPMG.
RTE said it worked with clean energy advisory firm EcoEngineers to successfully register its project under the Puro Standard, the world's leading crediting platform for engineered carbon removal. The carbon dioxide removal credits are generated through bioenergy with carbon capture and storage from ethanol production in compliance with Puro's Geologically Stored Carbon Methodology. Prior to the issuance of CORCs, RTE underwent an independent verification and successfully met all requirements of feedstock sustainability, carbon sequestration permanence and financial additionality.
RTE sequesters CO2 from the fermentation process at its ethanol plant into a permitted underground Class VI well located approximately 6,500 feet directly beneath its facility. The carbon removal will be available as CORCs to help buyers complement their emission reduction activities in pursuit of net-zero targets.
Through Puro.earth and with EcoEngineers' guidance, RTE was issued more than 150,000 CO2 Removal Certificates from the first 14 months of BECCS operation.
RTE is a 64 million gallon per year corn ethanol production facility that captures and stores biogenic CO2 from its ethanol fermentation process. The first facility permitted under state primacy to capture and store CO2 in a Class VI well, with an estimated annual output of 180,000 tons. RTE captures the biogenic CO2, which would otherwise be vented into the atmosphere, and injects it for permanent storage into an underground Class VI well beneath its facility. RTE has continuous efforts in place to ensure that the fossil footprint of their main product, biofuel, is reduced through energy efficiency measures and reasonable agricultural practices.
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