Jan 11 2008
EcoSecurities, a leading company in the business of sourcing, developing and trading carbon credits from greenhouse gas emission reduction projects, and Intrepid Technology and Resources (ITR), a specialist in the development of biofuel production projects, announce the completion of an agreement for the transfer of carbon credits from methane gas production.
EcoSecurities will develop and purchase carbon credits produced from Whitesides Dairy and Westpoint Dairy in Southern Idaho. Biogas plants designed, owned and constructed at both dairies by ITR will capture and destroy methane gas produced from a total of nearly 11,000 dairy cows. In the past, the manure at these dairies produced significant amounts of methane that was released directly into the atmosphere. As a greenhouse gas, methane has 21 times the global warming potential of carbon dioxide, and is a common bi-product of manure management on agricultural operations.
ITR uses high-rate anaerobic digesters to process dairy cow manure and captures the methane-based biogas produced by its decomposition. Once collected, the biogas is purified to pipeline-quality gas and can be used for industrial purposes in lieu of natural gas.
ITR estimates that enough methane gas is captured and destroyed each year from these two plants to offset carbon dioxide released from combustion of gasoline in 5,000 cars, using calculation methods provided by the California Climate Action Registry.
A pioneer in emission reduction projects and the carbon market, EcoSecurities has over 400 projects utilizing 18 different technologies in 36 countries, including over 60 anaerobic digestion projects