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
-
400 Tons of Hydrogen Daily to Power Data Centers
Inside This Issue ⚡ HDF Energy Selects Topsoe for 250 MW Power Plant in Texas 🍁 Deep Conduit Signature Identified Near Lawson 4 Expands Commercial Potential of Canada’s First Subsurface Natural Hy...
-
Why Meta Wants 200,000 Tons of Cement Credits
Inside This Issue 🤝 Fortera and Meta Sign Multi-Year Environmental Attribute Certificate (EAC) Purchase Agreement for Low Carbon Cement ✈️ Massachusetts Marks 1st Barge Delivery of SAF to Boston L...
-
The $450M Offtake Deal Behind Emvolon’s $22M Raise
Inside This Issue 🏗️ Emvolon Raises $22 Million Funding Round to Launch Its Modular, Waste-to-fuel Chemical Plants 🔋 Terraton Turns Kenyan Nut Shells into Carbon Credits ⚡ Ballard Launches HPU Agi...
Company Announcements
-
Summary of Transaction: Minority shareholders of Tidewater Renewables will receive 0.88 common shares of Tidewater Midstream for each common share of Tidewater Renewables held Supported by holder...
-
HDF Energy Selects Topsoe for 250 MW Power Plant in Texas
HDF Energy's BaseBlue Power™ plant solution will use Topsoe's SynCOR™ technology to produce hydrogen from natural gas, capture CO ? and power fuel cells to deliver firm, low-carbon electricity to d...
-
Independent laboratory results advance first commercial waste-to-methanol module toward Portugal deployment November 02, 2026 08:00 ET | Source: HyOrc Corporation HOUSTON, Nov. 02, 2026 (GLOBE NE...
-
Confirmation of the Lawson Conduit and newly interpreted four-way structural closure near Lawson 4, combined with reprocessing of proprietary 3D seismic data through integration of rich new dataset...