Cowboy Clean Fuels, LLC, a premier energy technology company formed to produce carbon-negative, renewable natural gas ("RNG") from readily available agricultural byproducts utilizing proprietary, patented technology, today announced that Puro.earth, the world's leading crediting platform for engineered carbon removal, will verify and issue CO2 Removal Certificates ("CORCs") for carbon dioxide removed from the atmosphere as a result of Cowboy Clean Fuels' operations at its first commercial project in Wyoming. Puro.earth has reviewed the Cowboy Clean Fuels' process and believes it will meet the requirements set in the Geologically Stored Carbon Methodology, which covers activities where CO2 is captured from the atmosphere and stored permanently into deep geological formations, and results in Net CO2 Removal impact (see https://puro.earth/carbon-removal-methods/ for more details on the Methodology). The Company also announced that its first listing of removal credits will be on the Puro.earth digital trading crediting platform once verification of its facility and production is completed. This allows Cowboy Clean Fuels to make carbon dioxide removal ("CDR") credits available to corporate buyers who want to reduce their impact on the climate by purchasing credits that represent actual, permanent removal of carbon dioxide from the atmosphere.
Jason Gaines, Cowboy Clean Fuels President and Chief Operations Officer stated, "The recognition by Puro.earth of the carbon sequestered using our proprietary and proven technology as carbon removal with deep geologic sequestration is a large step in proving the value of the credits that we generate. More than ever, we see the market differentiating between carbon removal from carbon offsets. We are delighted to offer a permanent carbon removal process and view our technology as offering the most durable carbon removal on the planet today. Our process produces carbon-negative renewable natural gas through an energy-positive, carbon sequestration process and provides an opportunity to change the energy transition landscape. This year is shaping up to be a very exciting year for the company as we advance the first commercial implementation of the Cowboy technology on our assets in the Powder River Basin."
Antti Vihavainen, Co-Founder and Chief Executive Officer of Puro.earth stated, "We are delighted to welcome Cowboy Clean Fuels to the Puro.earth carbon removal supplier network. The team's innovative geological carbon sequestration process has the potential to be sustainably deployed at a commercial scale, and this scalability will be needed for carbon removal supply to meet ever-growing demand from corporate buyers in the voluntary carbon markets. The sheer volume of CORCs that Cowboy Clean Fuels can generate by permanently locking vast amounts of CO2 underground will greatly bolster supply in the market and move the needle one step closer to reaching global net zero emissions."
