Gevo, Inc. said its North Dakota facility has issued more than 500,000 engineered carbon-dioxide removal certificates (CORCs) since carbon capture and storage (CCS) operations began in June 2022.
The certificates are issued under standards administered by Puro.earth and relate to carbon dioxide captured and permanently stored at the site.
“Gevo designed its carbon business to operate with integrity at scale across regulated low-carbon fuel markets and voluntary markets,” said Alex Clayton, Chief Carbon Officer at Gevo. “By applying Puro.earth’s standards for CCS and maintaining strict controls to prevent double-counting, we have been able to deliver carbon removal consistently. Reaching 500,000 CORCs demonstrates that engineered carbon removal can be scalable and reliable.”
Jan-Willem Bode, President of Puro.earth, said the milestone highlighted the operational maturity of certified carbon removal. “Reaching half a million CORCs is a significant milestone, and we congratulate Gevo on being the first carbon removal supplier to reach this level of scale,” he said. “It shows that large-volume carbon removal certified under the Puro Standard is operational today.”
Gevo added that the North Dakota facility’s CCS activities recently received an upgraded “A” rating from BeZero Carbon Ltd.. Market data cited by the company from CDR.fyi indicates that while carbon dioxide removal purchases have exceeded $11 billion, a small proportion of contracted volumes have been delivered to date.
