So you want to offset your emissions? Great! Did you know that 95% of voluntary offsets are either reductions or avoidance offsets? Both options slow the rate of emissions, but do nothing to address the CO2 already in the atmosphere.
To achieve a livable climate future, we need to remove 1.5 trillion tons of CO2 from the atmosphere. Despite representing less than 5% of total offsets, realistically, carbon removal is the only way to truly negate or reverse carbon emissions.
Current markets make it hard to know exactly when and how much carbon was removed, and how much it cost. Carbon Trading does things differently, with complete transparency and a blockchain backed carbon removal marketplace.
Our work begins and ends with carbon removal. We use independent 3rd party carbon quantification tools like Soil Metrics to estimate how much carbon is sequestered.
We believe in transparency: from methodology development to price discovery. We work in public and our methodologies are peer reviewed.
Suppliers kickstart the process with activities that remove carbon from the atmosphere. They put their project data into Nori which then gets approved by a third-party verifier.
As part of our goal to globally scale carbon removal, Nori has developed its first methodology in regenerative agriculture. Why? Regenerative agriculture is cost-effective, it restores depleted cropland soils, and it has the potential to sequester 10 billion tons of carbon every year.
However, Carbon Trading isn’t stopping with regenerative agriculture. In the near future, Nori will expand to other reasonable and credible methodologies like blue carbon, direct air capture, and more!
Carbon Trading uses the carbon quantification tool, Soil Metrics, to estimate the amount of carbon being stored in our Suppliers’ soil. We then use this data to model a carbon baseline which is how Carbon Ttrading estimates the number of NRTs to generate so suppliers are paid fairly.
By licensing a carbon quantification tool like Soil Metrics, Carbon Trading avoids a conflict of interest when it comes to producing and assessing data.