Gevo, Farmers Edge Partner to Verify Sustainable Fuels From Low-Carbon Grain
Renewable energy company Gevo and digital ag leader Farmers Edge have announced their partnership to establish a one-of-a-kind carbon inset management program. This collaboration is expected to support the development and full carbon lifecycle tracking of a carbon intensity (CI) score from low-carbon grain through renewable fuel production.
The companies plan to leverage Farmers Edge’s precise and proprietary database with Gevo’s Verity Tracking platform and blockchain technology to form a program with U.S. grain growers to measure and track carbon intensity scores for corn and soy in the production of sustainable aviation fuel and other low-carbon hydrocarbon fuels.
As opposed to carbon offsets, which are typically paying for a project to capture CO2 somewhere else, the aim of this program is to extract value from carbon insets - the actions taken by an organization to fight climate change within its own value chain.