Hey you! Yes, you! No, not the person standing next to you. You!
In the next week or two I will ask you to buy between one and one hundred Puro-certified carbon credits from Woodcache PBC, for delivery in 2024. You are an individual itching to make a meaningful difference in the fight against climate change, an investor looking for some additional due diligence points about Woodcache PBC, or you represent a business that wants to be on the right side of history. I will appeal to your better self to make a purchase that will have a catalytic effect, and that will steer our planet in a more sustainable direction.
Your purchase comes with priority rights to future carbon credit availability, exceptional access to ongoing MRV data, and some influence over the company’s strategic direction. At Woodcache we think of carbon credit buyers as current and future stakeholders in our company.
You are telling yourself you would like to, but then think of all the barriers and uncertainties to a purchase like this. You might be surprised to discover many of those barriers already surmounted. For example:
Is this legit? Our credits are Puro-certified under their Terrestrial Storage of Biomass methodology. Puro is about as legit as they come, folks.
Will your method lead to deforestation? No, we are required to utilize otherwise unmerchantable wastewood, which normally gets burned on purpose in piles, or by accident in mega wildfires.
Are there other better uses of the wastewood? No, for the kind of forest material we use, we are the most feedstock- and operations-efficient Carbon Dioxide Removal method out there.
Is this additional? Yes, without your investment, the wood burns, decomposes, or gets hauled to a landfill, each of which releases greenhouse gasses into the atmosphere at relatively rapid rates.
Does this rob productive land? No, we don’t build a factory, and land is returned to highest and best use within a year of production. In fact, some of our projects rescue debilitated land, like gravel pits and spent mines.
Is this durable? This is a little wonky, but our Puro certification requires us not to sell portions of our product that are not considered durable (the IPCC says up to 8.8% of the material). The remainder is “permanent.” We also sign and file conditional land use documentation ensuring permanent unfettered operation of a Woody Biomass Storage (WBS) facility.
Will you maintain and repair your wood burial sites? Regulations require us to do so, but we also set aside sufficient funds to maintain and repair our sites “in perpetuity.”
Is this priced fairly? $150 US folks. As we learn to operate more efficiently there are opportunities to improve pricing.
How’s the regulatory environment? We can operate at scale in many US states, and certain regulatory changes at the state level in the coming years will make operations more convenient. Compared to most other CDR methodologies the regulatory gauntlet is relatively light.
You’ve got a lot of thinking to do over the next few days. You can do this. I believe in you to make the right decision.