Gevo and Farmers Edge Partner to Verify Sustainable Fuels from Low-Carbon Grain through Verity Tracking

ENGLEWOOD, Colo. and WINNIPEG, Manitoba, April 05, 2022 (GLOBE NEWSWIRE) — Gevo , Inc. (NASDAQ: GEVO) and Farmers Edge Inc. (TSX: FDGE), a global leader in digital agriculture, announced today that they signed a memorandum of understanding to work together to deliver a one-of-a-kind, carbon inset management program. This collaboration is expected to support the sustainable development & full carbon lifecycle tracking of a carbon intensity (CI) score from low-carbon grain through renewable fuels production. The potential combination of Farmers Edge highly precise and proprietary datasets with Gevo’s Verity Tracking platform and blockchain technology is expected to create value around agriculturally driven carbon impact. The companies plan to launch a program with US growers to measure and track carbon intensity scores for corn and soy in the production of sustainable aviation fuel and other low-carbon hydrocarbon fuels.

Read the full release here.

Close Bitnami banner
Bitnami