OCTOBER 18, 2021 / VERO BEACH, FL, USA / EINPRESSWIRE.COM

“Compass Carbon, LLC, in collaboration with Carbon Assets 1, LLC, has announced today that it has entered into a five-year off-take agreement with a utility company for the sale of carbon credits from its Highsplint, Kentucky project. Compass utilized the brokerage services of Air Quality Consultants to consummate the contract.

The Highsplint Improved Forest Management project is located on 5,200 acres of mountainous forest lands in southeastern Kentucky and plans to generate offset credits for the WCI compliance market. The project has received its project ID number and is awaiting formal listing on the Climate Action Reserve public registry. “This long-term off-take will provide enhanced stability and predictability to project cash flows thereby significantly reducing project risk” said Brad Upham, partner at Compass Carbon LLC.

Compass Carbon, LLC is a carbon sequestration project developer and technology company

focused primarily on large-scale, Improved Forest Management projects. Compass partners with clients to develop turn-key carbon sequestration programs that have environmental, social and financial benefits.

(This press release can be viewed online HERE.)

SEPTEMBER 14, 2021 / VERO BEACH, FL, USA / EINPRESSWIRE.COM

“Our strategic partnership will be of great value to landowners interested in developing forest carbon offset or mine methane projects via a joint venture or selling their lands outright to us, if a sale better meets the landowner’s needs” said Kurt Kaiser, a Compass Carbon partner.

 “We are delighted to have established a partnership with Compass Carbon. This is an excellent opportunity for Carbon Assets to rapidly expand our Improved Forest Management footprint while utilizing Compass Carbon’s industry expertise and groundbreaking Syntaq technology,” said Ralph Cioffi, CEO of Carbon Assets 1.

Compass Carbon, LLC is a carbon sequestration project developer and technology company focused primarily on large-scale, Improved Forest Management projects. Compass partners with clients to develop turn-key carbon sequestration programs that have environmental, social and financial benefits.

Carbon Assets 1, LLC is a real estate holding company with a focus on the finance and acquisition of timbered lands suitable for carbon offset projects. Together the two companies have the express purpose of developing compliance and voluntary carbon offset projects.

 (This press release can be viewed online HERE.) 

SEPTEMBER 20, 2021 / VERO BEACH, FL, USA / EINPRESSWIRE.COM

The Highsplint Improved Forest Management project is located on 5,200 acres of mountainous forest lands in southeastern Kentucky. The project has received its project ID number and is currently listed on the Climate Action Reserve. The project is planned to generate offset credits for the WCI compliance market.

“We are delighted to expand our Improved Forest Management footprint”, said Brad Upham, a Compass Carbon partner. “This forest consists of a mix of native hard and soft wood tree species and the project will ensure they’re protected for many years to come.”

Compass Carbon, LLC is a carbon sequestration project developer and technology company focused primarily on large-scale, Improved Forest Management projects. Compass partners with clients to develop turn-key carbon sequestration programs that have environmental, social and financial benefits.

(This press release can be viewed online HERE.)

AUGUST 2, 2021 / VERO BEACH, FL, USA / EINPRESSWIRE.COM

Compass Carbon, LLC today introduced its new Syntaq technology platform, a fully automated, data management, monitoring and analysis technology designed specifically for the needs of large-scale and complex carbon sequestration projects.

Syntaq replaces the manual data processing methods currently used in the industry with a secure, scalable and quickly deployable solution. Syntaq manages unparalleled levels of data required for large-scale carbon sequestration projects and provides the highest level of analytics in support of our credit issuances.

•Syntaq is capable of managing the vast amounts of data required for the development of large-scale Improved Forest Management (IFM) projects. For example, a single IFM project will require the management and analysis of terabytes of remote sensing data. Manual data processing methods currently utilized in the industry would require large numbers of separate databases or spreadsheets to be analyzed, making the development of large-scale projects cumbersome, slow and often impracticable.

•Syntaq allows Compass Carbon to bring large-scale projects to market much quicker; where others in the industry would require several years to reach the first credit issuance, Compass Carbon estimates 18 months. This allows for lower project risk as capital can be returned much quicker.

•Syntaq allows Compass Carbon to issue credits with enhanced quality profiles supported by unparalleled amounts of data. Rather than relying on a generalized forestry model, Syntaqgenerated credits can be linked to specific groupings of trees in the project area. This level of transparency in tracking the provenance of project credits is unmatched in the industry.

•Syntaq also facilitates ongoing project monitoring, reporting and verification efforts by allowing verifiers direct access to unsurpassed amounts of well-organized project information that streamlines the verification process. This enhanced data management promotes lower project verification costs and faster turnaround time for verification efforts.

“Lack of cutting-edge technology prevents the carbon industry from developing projects that generate high-volume, high-quality carbon credits that the market demands. Manual data processing methods are simply too slow for timely large-scale project execution and are prone to computational errors, which can lead to an increased risk of credit invalidation and negatively impacts market acceptance of credits. Our proprietary, industry-leading Syntaq software platform gives us the ability to manage complex, large-scale developments and produce “AAArated” carbon credits with enhanced quality and security profiles.,” said Shayne Reeb Compass Carbon’s Director of Technology.

Compass Carbon, LLC is a carbon sequestration project developer and technology company focused primarily on large-scale, Improved Forest Management projects. Compass partners with clients to develop turn-key carbon sequestration programs that have environmental, social and financial benefits.

(This press release can be viewed online HERE.)