Carbon emission has become a global environmental challenge that needs to be solved urgently. To solve this problem, the carbon credit system has gradually emerged to encourage carbon reduction. Biochar carbon credits are a special type of carbon credit that contribute to reducing CO2 in the atmosphere. Now let’s find out!
What Is Biochar Carbon Credit
It is a unit of carbon credit based on biochar’s excellent carbon sequestration ability in soil. However, different from ordinary carbon emission reduction, this permanent sequestration can physically trap carbon in a stable form for long periods, usually thousands of years. One biochar carbon credit unit usually equals one ton of carbon dioxide equivalent (tCO2e) that has been completely removed from the atmosphere.
Value of Biochar Carbon Credit
Trading Mechanism for Biochar Carbon Credit
Biochar carbon credits are generally traded voluntarily through carbon emission trading. Here are several main stages of trading.
Step1: Seller listing
The seller lists their biochar carbon credits on the carbon market and specifies a desired price.
Step2: Buyer selection
The buyer browses the list of available carbon credits on the market and chooses the quantity and price they wish to purchase.
Step3: Confirmation of transaction and settlement
The buyer and the seller negotiate the details of the transaction, and makes a settlement. Settlement can include making payments, transferring ownership of carbon credits, and updating registration information.
Step4: Monitoring and reporting
Both the buyer and the seller should continuously monitor and report their carbon emissions and emission reduction data to ensure the accuracy and transparency of trading.
The above is the general trading process. When participating in carbon market trading, it is recommended to comply with local regulations and market rules and to cooperate with professional institutions, carbon market participants and experts.
Price of Biochar Carbon Credit
The price of ordinary carbon credit usually ranges between $3 and $20 per tCO2e. However, the price of biochar carbon credit is basically stable between $100 and $200 per tCO2e, or even higher.
What Preparations Are Required to Get Carbon Credit with Biochar
Feasibility Analysis Report
The report will assess the technical feasibility, economic feasibility and environmental feasibility of the project. It should include market demand analysis, biochar production process evaluation, cost-benefit analysis, and feasibility evaluation for project implementation.
Stable Biomass Supply
Biochar carbon credits are generated based on the strong soil carbon sequestration capacity of biochar. A key ingredient for obtaining large quantities of biochar is an adequate biomass supply. A variety of biomass can be used to produce biochar, such as agricultural waste, wood waste, etc. It needs to consider whether the raw materials can be supplied stably in large quantities, the transportation cost of raw materials, etc.
Biochar Production Equipment
Biochar equipment is a device used to produce biochar. Make sure that the machine you choose meets relevant safety and environmental standards. Proper machine design can improve the yield and quality of biochar.
The site should have sufficient space to accommodate machine and biomass raw materials. At the same time, factors such as transportation convenience, environmental impact and licensing requirements should also be considered.
Beston Group – A Leading Biochar Machine Supplier Helps You Tap into Biochar Carbon Credit Market
To earn biochar carbon credits to make a profit, companies need to invest in relevant biochar projects. An important key factor for such projects is a stable supply of high- quality biochar. At this critical stage, Beston Group, a leading supplier of biochar machine, can offer comprehensive solutions.
Our advanced pyrolysis technology can efficiently convert organic waste into high-quality biochar. Moreover, whether agricultural residues, wood wastes or other organic wastes, our machine can effectively process them to provide a large amount of biochar required for biochar projects.
If you choose our machine, you can leverage our technology and expertise to explore opportunities for biochar projects. We will provide you with a full range of technical support and consulting services.