CarbonCure opens carbon credit revenue streams to precast producers

Sources: CarbonCure Technologies, Halifax, N.S.; CP staff

A December 2024 update to the Verra Verified Carbon Standard Methodology VM0043 for CO₂Utilization in Concrete Production enables CarbonCure Technologies-equipped precast concrete producers to generate credits in line with their ready mixed production counterparts. Over the past three years, CarbonCure ready mixed producer partners in North America and overseas markets have shared in carbon credit revenues approaching $5 million.

The credits emanate from the CarbonCure process of injecting carbon dioxide into concrete mixes, where the gas converts to calcium carbonate and is permanently embedded. Mineralized CO₂ contributes to compressive strength development and mix design binder optimization, the latter key to lowering the volume of carbon-intensive portland cement. A carbon credit represents one metric ton of reduced or removed CO₂or equivalent greenhouse gasses. A dedicated CarbonCure team markets the carbon savings, in the form of credits, to buyers who want to offset GHG emissions their businesses generate. Proceeds are then shared with concrete producer partners, incentivizing CarbonCure process adoption.

**Verra standard stipulates rules and requirements for certification-level carbon dioxide emissions reduction or elimination measures.**

“The updated Verra methodology unlocks new revenue opportunities and immense value for precast producers by quantifying their carbon savings,” says CarbonCure CEO Robert Niven. “We remain dedicated to helping concrete producers meet the surging demand of lower carbon building materials by adopting our innovation, while delivering both environmental and economic value.”

Verra is a leading greenhouse gas crediting program and carbon registry with Washington, D.C. headquarters. Its VCS Methodology VM 00043 meets third party auditing and verification most carbon credit buyers require. The Verra standard has allowed CarbonCure Technologies to engage carbon credit buyers in the league of Deloitte, Shopify and Bank of Montreal.