I’m excited to share news from Wren’s project partner,?Charm Industrial.
?? Carbon removal is critical for combating the climate crisis, yet we’ve achieved less than 0.13% of CDR.fyi’s target of removing 10 billion tonnes of carbon globally by 2050.
?? That’s why we're proud to support industry leaders like Charm Industrial, which converts?biomass residuals—such as material from wildfire thinning—into carbon-rich bio-oil and injects it deep underground for secure carbon storage.
?? The Wren community has raised over $120,000 for Charm Industrial, in subscriber contributions and a donation match campaign, to help fund its operations, and we've raised over $2.9 million for permanent carbon removal initiatives in total.
?? At Wren, we conducted extensive due diligence on Charm Industrial (with invaluable insight provided by Myron Lam back in 2023 ?? ) and were confident in its impact. But, we’re thrilled that Charm recently earned an ‘A’ rating from BeZero Carbon,?a significant milestone in building trust in the voluntary carbon market.
???? Another key milestone is the delivery of Charm Industrial’s first-ever Isometric-verified carbon credits. Isometric?set the requirements for Charm Industrial's process with their Bio-oil Protocol, conducted monitoring, reporting, and verification, and issued credits corresponding to?the total carbon removal.
?? Carbon removal initiatives often have long lead times, with credit delivery taking several years. That’s why we’re excited that Charm Industrial has already delivered credits equivalent to more than 100 tonnes of carbon removal.
?? At Wren, we're looking forward to seeing what’s next for this carbon removal innovator.
#CarbonRemoval #Sustainability #Pyrolysis #CarbonCredits