Vessels Carbon Solutions focuses on reducing methane emissions from coal mines to generate electricity eligible for the Colorado Renewable Portfolio and carbon offset credits eligible for the California compliance carbon offset market. We are active in Colorado and Pennsylvania. In Colorado we have captured methane equivalent to approximately 2 million tonnes of CO2 emissions by generating 170,000 Mega Watts Hours of electricity. Our electricity generation alone destroys as much CO2 equivalent emissions as the CO2 emissions from about 80,000 passenger vehicles or sequestered by over 400,000 acres of forest.
Opportunities for Success in Methane Capture:
“There are an estimated 10,000,000 or more cubic feet of methane gas per day emitting from coal mines in Colorado. Currently, only little over 6% of that methane is being captured and used to generate carbon negative electricity. So the potential is to capture and generate carbon negative electricity around 15 X the current level.” – Tom Vessels, Founder, Vessels Carbon Solutions, Inc.
A Word of Advice for Early-Stage Cleantech Entrepreneurs:
“It is important to calculate how much greenhouse gas your business will generate or reduce. You want to take credit for these reductions to distinguish and differentiate your business. Cultivate relations with scientists, academics, politicians, environmental organizations and regulatory agencies that exercise oversight over your business. These relationships will inform you as to sociopolitical trends so you can position your business to rise with the tide.”
Exciting Advancements in the Next 3-5 Years:
“The current general understanding of global warming/aka climate change is very thinly understood. As it becomes more widely understood policy changes necessary to reduce greenhouse gas emissions to the atmosphere will accelerate.”