Female leadership in forest conservation, new sites for carbon capture and other updates from Lune’s carbon projects

Does offsetting actually work? If so, how can we see the tangible, real-world impact of the carbon credits we buy from a project?

It’s a request we often get from our Lune customers.

So, to help bring the impact of business carbon offsetting to life, we’re publishing monthly updates from Lune’s library of curated, high-quality carbon offset projects (we won’t have updates for every project every time, but we’ll share what we do) – and?this is the update for March 2023.?

1PointFive – Direct Air Capture ??

1PointFive has announced ?that they will develop a Carbon Capture and Sequestration Hub in Southeast Texas. It’s a 55,000-acre site which will store around 1.2 billion tCO2 that has been removed from industrial facilities.?

In other news, you might remember that back in?January ?1PointFive signed an agreement with American football team the Houston Texans.?

This month,?1PointFive has announced ?that they are also working with baseball team the Houston Astros, who will buy carbon removal credits for at least the next three years as they work towards their climate goals?

“We are grateful to 1PointFive for their focused commitment to carbon removal and technology innovation to support this cause. We remain committed to continuous improvement of our stadium for our fans and purchasing carbon removal credits is an important investment for us.” – Marcel Braithwaite, Senior Vice President Business Operations at Houston Astros

Keo Seima – forest conservation ??

For International Women's Day on 8 March 2023, Everland (the project developer for the Keo Seima forest conservation project) shared the story of Yorn Sordet, an indigenous leader living in the project area who is empowering local women through her work on the conservation of the forest.

“What I want to share with other young women in my community is to stay motivated and believe in yourselves. Whatever men can do, women can do.”

For the rest of this March 2023 instalment of updates on our carbon projects – including Charm Industrial, Southern Cardamom and more,?go to the full article on the Lune blog.