Gevo launches JV with Southwest Iowa Renewable Energy

Gevo has launched a joint development agreement with Southwest Iowa Renewable Energy (SIRE) to track carbon throughout the farming chain.

“Farmers have always understood that their livelihood is directly tied to the land, and they are quick to adopt practices that benefit the soil for the long-term,” said Mike Jerke, CEO, Southwest Iowa Renewable Energy. “SIRE is pleased to be working alongside Gevo to introduce our farmers to the Verity platform. This tool should allow participating farmers to track, prove, and ultimately monetize, the carbon reduction on their acres.”

Southwest Iowa Renewable Energy will use Gevo’s new Verity Tracking platform.

“We are excited about our partnership with SIRE to track carbon intensity reductions through the entire value chain, creating high quality carbon insets. Unlike carbon offsets where the carbon reduction value is transferred to a value chain that may not be related, the carbon inset approach here allows carbon intensity reduction to be quantified throughout the value chain from the bushel to the gallon to drive continuous improvement,” said Dr Paul Bloom, chief carbon and innovation officer, Gevo. “For end customers who want to reduce their carbon footprint within the value chains in which they participate, this effort aims to provide measurable improvement and trust in verification of those efforts.”