A leading technology company faced the challenge of capturing and sequestering carbon dioxide in unconventional rock formations. Successfully implementing this method could unlock massive carbon sequestration potential on a scale of 5-10+ gigatons per year at a cost of $20-$40 per tonne. This would surpass the combined annual CO2 emissions of China and the U.S.
To address this challenge, the company leveraged CLEAR Path™, powered by Immutably™. This attribute registry tracks everything from carbon capture and credit creation to the retirement of credits. The blockchain-enabled solution allowed the company to uncover relationships between disparate data sets, including operational data, regulatory reports, ground sensor instrumentation, satellite and UAV data, and manually-entered information. Using leading-edge Asset Grade Data (AGD™) technology, CLEAR Path™ transformed this information into an invaluable asset supporting the company’s new methodology and the creation of next-generation environmental attributes.
With CLEAR Path™, the company can perform more accurate attestations, confidently share them with third-party platforms and data sources, and keep pace in an ever-changing marketplace. CLEAR Path™ produces and delivers the highest-quality carbon credits, enabling this tech company and others like it to garner higher prices in the OTC market, instill greater confidence in their data, and do well by doing good for the planet.
i(x) Net Zero plc (LON:IX) is an investing company which focusses on Energy Transition and Sustainability in the Built Environment, and was founded in 2015 by Trevor Neilson, Pär Lindström and Howard W. Buffett. It has holdings that are committed to facilitating and accelerating the transition away from energy that is derived from fossil fuels to clean and renewable energy sources including Context Labs.
