VitalEco Engages Northern Trust to provide lifecycle management for its Verified Carbon credits generated through Orphan Well Remediation.
VitalEco, a leader in orphan well remediation and methane prevention, proudly announces the appointment of The Northern Trust Carbon Ecosystem™ to support the recordation, transaction and settlement of VitalEco’s verified carbon credits. This agreement further advances the mission of Vital Eco, which aims to prevent emissions from orphaned wells across the United States. Read the full press release here. (Linked to the VE website housing the approved press release)
“Our work with The Northern Trust Carbon Ecosystem represents the collaboration needed to scale methane emissions prevention. By working with Northern Trust, we are able to access a set of institutional-quality solutions that gives us and our clients a level of confidence provided by working with a global financial institution. Third-party verification is being provided by ALL Consulting, so buyers can trust that each credit represents real and measurable methane avoidance. CarbonPath’s orphan well methodology ensures that the remediation projects follow a robust, science-based approach to quantification.”
– Jan Belt, CEO of VitalEco
Read the full Press Release
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