Red Trail Energy (RTE) of North Dakota is partnering with Puro.earth to generate voluntary carbon removal credits and market them through Renewable Products Marketing Group (RPMG).
The ethanol plant located in Richardton, ND will be the first and largest production facility to bring third-party verified carbon dioxide (CO2) removal credits from bioethanol CO2 capture and storage to the voluntary carbon market. The credits will be certified through carbon removal standard and registry Puro.earth to ensure key environmental and carbon accounting criteria are met.
The CO2 Red Trail Energy sequesters from the fermentation process at their plant in Richardton will be available as removal credits to help proactive firms achieve their long-term sustainability or carbon net-zero targets. There will be an initial offering of credits in the coming weeks. Interested counterparties can purchase the credits in a Request for Proposal (RFP) for prompt and future offtakes through Red Trail Energy’s marketing firm Renewable Products Marketing Group (RPMG).
One of the first bioenergy facilities in the U.S. with carbon capture and storage technology (BECCS), RTE began capturing the estimated annual output of 180,000 metric tons of CO2 directly from the fermentation process in 2022. The CO2 is stored locally in a state-certified Class VI well approximately 6,500 ft directly beneath the facility into the Broom Creek Formation.
