Verra has released a new module for use under the methodology VM0049 Carbon Capture and Storage in the Verified Carbon Standard (VCS) Program. This module, VMD0062 Capture from Natural Gas Processing, v1.0, enables projects to quantify the greenhouse gas emission reductions resulting from the permanent storage of carbon dioxide that would otherwise be released into the atmosphere from natural gas processing.
VMD0062 expands the scope of VM0049, representing the first module under the methodology to focus on an industrial project activity (i.e., capturing CO2 separated from natural gas streams). Since the public consultation earlier this year, eligibility under the module has been expanded to cover existing and future natural gas processing facilities, which maximizes the opportunity for emission reductions.
>> In Other News: LanzaTech Reaches 53% Non-Controlling Ownership Milestone in LanzaJet
This module was developed in accordance with Verra’s updated Methodology Development and Review Process, and it is one of the first examples of a sponsored, Verra-led development. BKV Corporation (external) is providing funding to support the development of this module.*
Previously, Verra released modules and tools for use under VM0049 in two batches. In October 2024, we published three modules in the first batch:
In April 2025, we launched a module and two tools in the second batch:
Verra is continuing to develop additional modules and tools to expand the scope of VM0049.
*The funding provided for the development of this methodology was made on a voluntary basis, with no expectation of reciprocity or quid pro quo, including, without limitation, preferential treatment in project-related decisions, the granting of approvals, or the acceleration of project registration or issuance.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
Can AirCapture’s Microwaves Cut DAC’s Energy Cost?
Inside This Issue 🌬️ Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award 🗾 Fujifilm, Tokyo Gas and TGES Agree to Supply City Gas Linked to Biomethane Produ...
-
380 MW of AI Power, Powered by Fuel Cells
Inside This Issue ⚡ FuelCell Energy and Fit Energy Announce Strategic Agreement for Up to 380 MW of Clean Power for Data Centers 🧭 China's Renewable Energy Mandates Set the Stage for Expanded Hydr...
-
250,000 Tonnes of CO2: One Shipping Deal
Inside This Issue 🚢 Fortescue and CMB.TECH Sign Milestone Agreement for 12 Ammonia Bulkers to Accelerate Zero-Emissions Shipping 🌱 Mati Carbon Hits New Bar for Carbon Removal Certification With Is...
Company Announcements
-
Alfa Laval Reinforces Commitment To Biofuels In New Brazilian Biorefinery
LUND, Sweden, June 29, 2026 /PRNewswire/ -- Alfa Laval today announces the signing of a 1.1 BSEK (102 MEUR) contract to supply Hydrotreated Vegetable Oil (HVO) pre-treatment technology for Acelen's...
-
HOUSTON, June 29, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) has been selected to provide technology licensing and Front-End Engineering Design (FEED) services based on its PureSAF℠ technology for th...
-
Deep Sky Delivers North America's First Certified Direct Air Capture Carbon Removal Credits
North America's first certified direct air capture carbon removal credits issued by Isometric from Deep Sky Alpha in Alberta, Canada, for Microsoft and Royal Bank of Canada (RBC) MONTREAL, June 29...
-
Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award
Aircapture will use the award to scale its DAC system engineered to reduce the cost of carbon capture at scale BERKELEY, Calif., June 25, 2026 /PRNewswire -- Aircapture, a Berkeley-based direct ai...