Gevo and Farmers Edge have signed an agreement to work together on a new type of carbon inset management program.

The potential combination of Farmers Edge highly precise and proprietary datasets with Gevo’s Verity Tracking platform and blockchain technology is expected to create value around agriculturally driven carbon impact. The companies plan to launch a program with US growers to measure and track carbon intensity scores for corn and soy in the production of sustainable aviation fuel and other low-carbon hydrocarbon fuels.

“We think farmers should be paid for their corn and then be rewarded for the benefit they provide all of us in capturing carbon,” said Gevo CEO Patrick Gruber, who presented testimony before a House Agriculture Committee hearing on energy this week.

Gruber outlined Gevo’s concept of a Net-Zero manufacturing plant for SAF they hope to be operational by 2025 and how existing ethanol plants can decarbonize to add jet fuel and hydrocarbon production by updating our lifecycle carbon accounting method to the Argonne GREET model. “There’s lots of carbon accounting models used around the world and we need to use the best, that’s the Argonne GREET model, it’s the gold standard, it’s the foundation for others.”

Here is Gruber’s opening statement to the committee:
GEVO CEO Testifies at House Ag Hearing (4:55)