Gevo Achieves Industry Milestone: 500,000 High-Quality Carbon Removal Credits Issued from Gevo North Dakota Plant

Core Insights - Gevo's North Dakota plant is the largest producer of engineered carbon removal credits and the only ethanol carbon capture and storage project issuing Puro.earth-certified certificates with thousand-year permanence [1] - The plant has issued over 500,000 engineered carbon-dioxide removal certificates (CORCs) since the start of carbon capture and storage activities in June 2022 [1][2] - Gevo's carbon business operates with integrity across regulated low carbon fuel markets and voluntary markets, ensuring high-quality carbon removal [2] Company Overview - Gevo is a diversified energy company focused on renewable fuels and chemicals, contributing to energy security and economic growth in rural communities [3] - The company operates an ethanol plant with an adjacent carbon capture and storage facility and is developing the world's first large-scale alcohol-to-jet facility at its North Dakota site [3] - Gevo's business model includes creating jobs and revitalizing communities through the development and operation of production facilities [3] Industry Context - The carbon dioxide removal market has surpassed $11 billion, with only 2.8% of purchases delivered, indicating significant growth potential [2] - Gevo's North Dakota plant has received an "A" rating from BeZero Carbon Ltd., highlighting its operational excellence and high-quality production [2]