Tabitha Whiting
Tabitha WhitingContent Marketing
Female leadership in forest conservation, new sites for carbon capture and other updates from Lune’s carbon projects
Sharing the latest updates from the Lune library of high-quality carbon offset projects – the projects working at the forefront of climate solutions.March 13, 2023

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

To support any of the projects mentioned in this blog, go to the Lune dashboard to buy carbon credits (you’ll need to sign-up or log-in to access the projects.)

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. 

Diagram showing geological sequestration of carbon. Credit: 1PointFive.Diagram showing geological sequestration of carbon. Credit: 1PointFive.

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
Marcel BraithwaiteSenior Vice President Business Operations at Houston Astros

Charm Industrial – bio-oil sequestration 🛢️

Charm Industrial are members of the newly formed Carbon Removal Alliance – 20 companies focused on permanent carbon removal, who have come together to ensure credibility and quality in the growing carbon removal sector.

“I’ve learned very quickly that building a broad coalition is the only effective way to get things done.”
Peter Reinhardt
Peter ReinhardtCEO and founder of Charm Industrial

The Alliance is also working with policymakers, aiming to encourage them to prioritise certain criteria e.g. length of storage when implementing carbon removal policies, rather than supporting specific technologies. For instance, the $180 per ton tax credit under the US Inflation Act is currently only claimable by Direct Air Capture projects.

Other projects in the Lune library have also joined the Carbon Removal Alliance: Living Carbon, UNDO, and Running Tide.

Carbon Removal Alliance logo

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.”

Living Carbon – biotech-enhanced reforestation 🌳

Living Carbon featured in the NY Times, with an article reporting on the team planting their photosynthesis-enhanced seedlings in a forest in Georgia, alongside existing native trees.

The article also explains the process of the laboratory development of the seedlings in detail. 

Photo credit: Living CarbonPhoto credit: Living Carbon

Running Tide – ocean carbon removal 🌊

Running Tide has appointed Deloitte to undertake an independent review of the components of the project’s ocean carbon removal system

  • Processes for quantifying net carbon removed
  • The permanence and additionality of the method
  • How the best available science is applied
  • Environmental and ecological impacts associated with deploying kelp-seeded buoys into the open ocean

This is part of Running Tide’s commitment to ensuring the accuracy of their measurements of carbon impact, and therefore ensuring that they are a high-quality carbon project.

Photo credit: Running TidePhoto credit: Running Tide

Southern Cardamom – forest conservation 🌳

Like Keo Seima, the Southern Cardamom forest conservation was featured in Everland’s International Women's Day campaign. 

The story of Khuth Pheang was shared, who has been President of the project’s Protected Area since 2019, and is a role model for local women.

“I realised that if we had continued to harvest, cut down, and trap wildlife, the natural resources in our region, as well as in Cambodia, would be degraded. So we organised our community by gathering the people of local villages to prevent this.”

UNDO – enhanced weathering 🪨

Did natural rock weathering suck the carbon from Mars’ atmosphere? New research has found that it may have played a part! UNDO has shared more information on their blog.

UNDO also continues their LinkedIn video series, highlighting the importance of their monitoring, measuring, and verification (MRV) trials in Scotland for their enhanced weathering project.

In this video, UNDO’s Head of Science and Research, XinRan Liu, explains the importance of their in-field sensor trials – a vital part of how they are accurately quantifying the carbon removed through their rock weathering processes.

UNDO LinkedIn post, featuring their Head of Research and Science discussing the role of their in-field sensor trials

Want to know more?

Curious about how we go about sourcing and evaluating the high-quality carbon projects we include in our library at Lune? Take a look at our project evaluation guide.

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