Our Carbon Credits
Our premium carbon credits differ significantly from other existing and emerging carbon offset or sequestration projects in multiple ways that make ours more desirable, defensible and reliable:
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Our methodology and project scope are long-term focused: we place a 50-year development moratorium on oil-bearing lands.
Our methodology is reality-based:
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It is only applied to land that is fully permitted with economically viable projects.
We operate within a strict G7 country regulatory framework:
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Our resource holdings and targets are fully permitted, leased from and regulated by a G7 government, with strict compliance and enforcement frameworks.
Our resources are not subject to decommissioning or “leakage” due to common nature-based carbon credit failure points:
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Wildfires, floods, canopy thinning, theft, shrinkage of capacity, political instability, etc. have no bearing on our premium resource holdings.
Our methodology holds up to the highest transparency levels:
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The proven oil resources within our holdings cannot be secretly accessed “off property” with horizontal drilling or exterior access, as may be common with much of the world’s crude oil resources. Because our oil is held deep within the land and encased, it does not “flow” underneath our property with multiple access points. It is, instead, “frozen” in place. The process to extract and separate the billions of barrels of oil we have sequestered is limited to extremely expensive, highly visible, infrastructure dependent and property-specific facilities ranging from $300MM-$500MM USD in capital intensity, with a multi-year construction phase, ensuring fully transparent preservation.
Our Carbon-Intensive Oil is staying exactly where it belongs. In the ground.