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First - we are happy you like the concept and we do agree with you. Validating and verifying is difficult at the moment. Partly because there are a lot of quest

First - we are happy you like the concept and we do agree with you. Validating and verifying is difficult at the moment. Partly because there are a lot of questionable schemes out there and partly because carbon removal as a concept is very much in its infancy. Our approach is to inspect the life cycle analysis of our partners wherever possible and try to provide as much transparency as possible - delivery times, pricing structures, purchases from partners for independent verification etc. Trust has to be earned and we hope transparency can help build trust in us and the CDR market in general. Second - it was on our original roadmap to try and bring in a standard for removals however as a for-profit this was generally received poorly. We fully support some form of indepedent third party validation for carbon removal that addresses the flaws in the existing credits system but I'm afraid this isn't our primary priority at the moment. Perhaps we could form a non-profit sister to address this in the future though...

boringg 4y ago
There have carbon registries that aren't for profit that have been in existence over a decade. The verification and validation is by far the lion's share of work, the rest of it is a lookup table with broad proxies for valuations. FWIW the verification and validation requires a lot of onsite work and training of staff to be able to do the work. All the different technologies have slightly different project arrangements making it a head ache and not particularly suited for a capital light software play. As well you will need a team of analysts to constantly try and find the information and repopulate the database. That and I'm not sure who your target buyer would be. I do wish you the best of luck. I assume that there will only be one or two people who will survive and I imagine they will be bought by some other company in the end. Go look at Genability for electricity pricing as a comparative company.

boringg 4y ago

There have carbon registries that aren't for profit that have been in existence over a decade. The verification and validation is by far the lion's share of work, the rest of it is a lookup table with broad proxies for valuations. FWIW the verification and validation requires a lot of onsite work and training of staff to be able to do the work. All the different technologies have slightly different project arrangements making it a head ache and not particularly suited for a capital light software play. As well you will need a team of analysts to constantly try and find the information and repopulate the database. That and I'm not sure who your target buyer would be. I do wish you the best of luck. I assume that there will only be one or two people who will survive and I imagine they will be bought by some other company in the end. Go look at Genability for electricity pricing as a comparative company.