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deal · 22 August 2024
Stripe, Shopify, JP Morgan Chase ↔ Charm Industrial
Stripe, Shopify, JP Morgan Chase: a firm purchase of 105.06 t of pumpable biomass to geological storage (bio-oil, slurry) removal from Charm Industrial.
SupplierCharm Industrial
Tonnes105.06 t
Capture pathwayPumpable biomass to geological storage (bio-oil, slurry)
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionBio-oil sequestration via injection into deep-geological formations
Storage descriptionBio-oil geological storage
VerificationIsometric
NotesFirst-ever Isometric verified carbon dioxide removal credits delivered. Verification included robust life cycle assessment, extensive analysis of biomass, and real-time data sharing via Isometric's API. MRV conducted ex-post based on actual activity. Multiple buyers listed as a coalition purchase.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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