Direct Air CaptureIsometricISO-002

Carbon Engineering Texas Hub

United States, TexasVintage 2023 - 2028

Fair Value

$520.00

per tCO2e

Market Price

$480.00

per tCO2e

Premium/Discount

+8.3%

vs market

Rating

AA90/100

quality score

Credits Available

75K

of 120K issued

Price History

No price history available for this project

Project Description

Large-scale DAC facility in the Permian Basin utilizing renewable energy and geological storage for permanent carbon removal.

Methodology

Isometric DAC Standard

Co-Benefits & SDG Impact

UN Sustainable Development Goals

13
9
7
8

No documented co-benefits for this project

Quality Rating
AA
Overall Quality90/100
Permanence95/100
Additionality88/100
Co-Benefits68/100
Transparency92/100

Rating Rationale

Strong DAC credentials with proven technology. Scale-up execution is key factor to monitor.

Rated on March 15, 2024

Risk Assessment
Low Risk
Overall Risk Score8%
Permanence

Long-term carbon storage durability

6%
Additionality

Would reduction happen anyway?

10%
Leakage

Emissions shifting to other areas

3%
Verification

MRV quality and frequency

7%
Regulatory

Policy and legal environment

12%
Counterparty

Project developer reliability

10%

Analyst Notes

Strong permitting and geological assessment. Early stage of commercial operation adds some uncertainty.

Market Comparables

Direct Air Capture

Global · 2023

n=8

$400.00Avg: $550.00$750.00

Project is 5.5% below market average