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OUR BLOG
22 Aug 2024 | Peter Reinhardt
4 MINUTES READ
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The Charm Underground is a monthly series sharing our progress & learnings as we scale carbon removal to gigatonne scale. If you’d like to get The Charm Underground in your inbox, subscribe below.
Voluntary carbon markets have long suffered from poor measurement, reporting, and verification (MRV). In 2022 we announced a rigorous proto-protocol. In 2023 we went even further with Isometric and announced next-level rigor and a better business model. And today we’re excited to unveil the next major milestone in high quality MRV.
Today, we’re thrilled to announce the delivery of the first-ever Isometric verified carbon dioxide removal credits from Charm (equivalent to 105.06 tonnes) to our customers, Stripe, Shopify and JP Morgan Chase. This is a pivotal moment for Charm and the entire CDR sector, reflecting our joint commitment to exceptional quality and scientific rigor.
Learn more about our partnership with Isometric featured here in the Wall Street Journal as well as our blog here and why this delivery signifies a major inflection point in voluntary carbon markets.
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The Fort Lupton Chamber of Commerce formally welcomed Charm to the community with a ribbon cutting on July 23rd at Charm’s Miniforge Facility. The event included a presentation and tour for 20+ local business owners, nonprofit leaders and town officials. The event was also featured in the Fort Lupton Press!
Read more about our feature here and learn more about what we’re up to from Peter here.
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Image Caption: Photo: Belen Ward, Fort Lupton PressThe SBTi Report on Carbon Offsets Omits the Hardest TruthIf you’ve been following the SBTi’s latest report on carbon offsets, you’ll know that the report has again stirred up mixed feelings in the world of corporate climate action. Companies already face significant challenges in estimating emissions, setting targets, and demonstrating progress towards Scope 3 emissions, but nonprofits, climate scientists, and even SBTi’s own internal staff are split on whether carbon credits can help offset a company’s Scope 3 emissions.
Learn more about our views on the latest SBTi Policy Developments here and why corporations need to prioritize buying high-quality carbon removals now more than ever.
“Getting technology to work at scale requires systemic levels of society to work in tandem, which is not talked about enough or even really understood.” - Akshat Rathi
We were thrilled to have Akshat Rathi, an award-winning senior reporter for Bloomberg News and the host of Zero, a climate podcast for Bloomberg Green, join us this past month for a fireside chat on Climate Capitalism. As part of the event, attendees also received a virtual tour of Charm’s Fort Lupton miniforge and in-person tour of Charm’s SF HQ / minifactory!
For those who weren’t able to attend, you can watch the full recorded video here.
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Biden-Harris Administration announced new actions to detect and reduce climate super pollutants.
Minneapolis’s first municipally owned and operated carbon removal program.
Nature article showing that forests can be a significant methane sink (25-50 MT/yr).
RMI and Microsoft co-authored report analyzing book and claim’s potential to support the lower-carbon steel and concrete markets.
Bloomberg’s report that Google no longer claims to be carbon neutral.
Bridgewater’s corporate decarbonization program analysis results.
NPR asked top experts what to know about carbon offset markets.
Washington Post’s six-month investigation into ‘carbon cowboys’ cashing in on protected Amazon forest
And that’s a wrap for July! Make sure to subscribe to get The Charm Underground in your inbox every month.
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Peter Reinhardt
CEO
Subscribe to follow our journey to inject bio-oil into deep-geological formations, Charm permanently puts CO2 back underground.
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There are many challenges associated with gasification, especially when it comes to gasification of grasses, which are preferable for their high yield and low cost per dry ton. The biggest challenges are ash slagging, acid gas removal, heat transfer into the grass, optimal moisture content, ash disposal, and a very long list of other fascinating puzzles… (we’re hiring!) but today we’re going to talk about one challenge that seemed extremely easy at first glance: how do you load grass into the gasifier?
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Kelly Hering
Chief Technology Officer
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There are many challenges associated with gasification, especially when it comes to gasification of grasses, which are preferable for their high yield and low cost per dry ton. The biggest challenges are ash slagging, acid gas removal, heat transfer into the grass, optimal moisture content, ash disposal, and a very long list of other fascinating puzzles… (we’re hiring!) but today we’re going to talk about one challenge that seemed extremely easy at first glance: how do you load grass into the gasifier?
Humanity has emitted hundreds of gigatonnes of CO₂. Now you can put it back underground.
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