Carbon Economist: Harnessing the VCM to retire orphaned oil and gas wells

Rebellion Energy Solutions is featured in a May 19, 2023, Carbon Economist about the release of the American Carbon Registry’s methodology for creating carbon offset credits from plugging orphaned oil and gas wells.

An excerpt: “ACR’s methodology marks the first among the major offset credit registries for the purpose of plugging oil and gas wells, which is a milestone for wider issuance. At least one company, environmental firm Rebellion Energy Solutions, is poised to get to work using proceeds from these credits; others are positioning to follow. They mark the beginning of what should prove to be a large-scale source of high integrity offset credits, funding action to deliver environmental, climate and public health benefits throughout the US.”

Here is a link to the full article: Carbon Economist: Harnessing the VCM to retire orphaned oil and gas wells

(Note that Carbon Economist may require visitors to register to see the full article.)

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