View original ↗on isometric.com
deal · 22 August 2024
JPMorganChase ↔ Charm Industrial
JPMorganChase: a firm purchase of 107.21 t of pumpable biomass to geological storage (bio-oil, slurry) removal from Charm Industrial.
BuyerJPMorganChase (stated as JPMorganChase, Shopify, Stripe)
SupplierCharm Industrial
Tonnes107.21 t
Capture pathwayPumpable biomass to geological storage (bio-oil, slurry)
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionBio-oil geological storage. Waste biomass (corn stalks, forestry trimmings) is heated in low oxygen environment to become bio-oil, then injected into decommissioned oil wells and similar environments for permanent storage.
Storage descriptionGeological storage in decommissioned oil wells and similar subsurface environments
VerificationIsometric
NotesFirst verified credits for Charm Industrial. Certified ex-post according to Isometric's Bio-oil Geological Storage Protocol. 107.21 credits issued to three buyers (JPMorganChase, Shopify, Stripe). Credits published on Isometric Registry with full underlying data and calculations disclosed.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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