Core Insights - Base Carbon Inc. has received approval from carbon credit registry Verra for the CORSIA-compliant methodology VM0050 for its Rwanda Cookstoves project, marking a significant milestone for the company [1][2][3] Company Developments - The Rwanda Cookstoves project, developed by DelAgua Group, is transitioning to Verra's VM0050 methodology, which focuses on energy efficiency and fuel-switch measures in cookstoves [2] - Following the transition, the company anticipates holding approximately 1.0 to 1.2 million CORSIA-aligned carbon credits, which will be eligible for delivery into CORSIA and other compliance markets [3] - The CEO of Base Carbon emphasized that this transition enhances the value of the company's carbon credit inventory and positions it favorably in a market with increasing compliance obligations for airlines [5] Market Context - CORSIA requires international airlines to offset emissions growth above 85% of 2019 levels, creating immediate demand for CORSIA-eligible carbon credits [4] - Forecasts suggest that carbon credit prices in CORSIA Phase One (2024-2026) could rise to between US$26.00 and US$63.00 per tonne, indicating a structural shortfall in the current market [4]

Company Highlights - Base Carbon Inc. reported a realized cash settled gain on investments in carbon credit projects of $1,022,000 for Q2 2025, a significant decrease from $12,508,000 in Q2 2024 [3] - Total operating expenses decreased to $1,765,000 from $2,537,000 year-over-year [3] - The company recorded an operating loss of $743,000 for the period, compared to an operating income of $9,971,000 in the same quarter last year [3] - Comprehensive income for the period was $239,000, down from $7,470,000 in Q2 2024 [3] Financial Highlights - As of June 30, 2025, total assets were $110,969,000, a slight decrease from $112,068,000 at the end of 2024 [5] - Total liabilities were reported at $8,802,000, down from $9,059,000 [5] - Total shareholders' equity decreased to $102,167,000 from $103,008,000 [5] Carbon Credit Projects - The company achieved net cash proceeds of $1.0 million from the Vietnam cookstove carbon credit monetization, marking five consecutive quarters of carbon credit sales revenue [6] - The inventory of carbon credits increased by 11.2% to 1,905,003 following the receipt of 192,810 carbon credits from the Rwanda cookstoves project [6] - The DelAgua Group submitted a requantification request to Verra for the Rwanda cookstoves project, which could enhance the value of carbon credits issued under the new CORSIA-approved methodology [6][13] Investment and Share Repurchase - The company repurchased approximately 6 million shares at an average price of C$0.49 per share through its normal course issuer bid [6] - As of June 30, 2025, cash and cash equivalents stood at $10,425,000, down from $14,799,000 [7] Future Projects - The India Afforestation, Reforestation, and Revegetation project is expected to issue its first carbon credits in the first half of 2026 [15] - The company is actively assessing capital deployments that generate carbon credits while producing commercial products, including biochar and agroforestry [18][19] Investor Engagement - An Investor Town Hall is scheduled for September, where management will provide updates and respond to investor questions [20]

Core Insights - Hybrid Power Solutions Inc. has partnered with Terrapass to provide customers with a way to offset carbon emissions even when using hybrid systems that include generators [1][2][3] - The partnership allows clients to calculate and offset emissions through certified carbon credits, addressing the environmental impact of backup generators [2][3] - The collaboration aims to streamline emissions reporting and credit purchasing, making it easier for clients to meet sustainability goals without compromising operations [4][7] Company Overview - Hybrid Power Solutions is a Canadian clean energy innovator focused on developing portable power systems that minimize or eliminate the need for fossil fuels in off-grid and remote applications [5] - Terrapass is a social enterprise dedicated to reducing climate change and supports projects that reduce greenhouse gas emissions and produce renewable energy [5] Partnership Benefits - Clients can purchase verified carbon credits to balance emissions from hybrid systems, ensuring trackable impact through reports that quantify offset amounts and project types [7] - The partnership supports certified projects in forestry, methane capture, and refrigerant recycling, allowing clients to operate mission-critical equipment while achieving ESG targets [7]