News Article | November 18, 2016
The vast expanse of the Democratic Republic of Congo (DRC), which covers approximately 133 million hectares of Africa, is one of the planet's richest and most diverse natural areas. However, what value to the environment and to landowners can be realized through on-the-ground forest carbon sequestration projects? A joint project between EmiAfrican (EF), located in Lubumbashi, DRC, Africa, and Planetary Emissions Management Inc. (PEM), located in Cambridge, Massachusetts, USA, will address the question by implementing reforestation and agroforestry projects for diverse DRC landscapes. The effort will establish state-of-the-art measurement platforms for tracking greenhouse gas (GHG) flux emission levels across the project areas. The PEM approach incentivizes landowners to manage projects for long-term sustainability through ongoing revenue at no cost or fee. The project marks the first large-scale endeavor of its kind in the DRC. Expected project results include new and directly verified carbon products for sale to individuals, corporations and institutions worldwide. A Regulation A+ Tier II* $50M USD funding plan is under consideration by PEM to support the project. Mr. Merimee Kalumba, MTech, director and founder of EmiAfrican, remarked, “The proposed project is an extraordinary opportunity to apply innovative technologies to foster stewardship of diverse forests and Indigenous Peoples for the benefit of the DRC, Africa and the planet.” The DRC is a vast complex mosaic of ecological and cultural landscapes with new opportunities for programs to reverse deforestation and develop agroforestry, both beneficial to the future of the DRC. Kalumba added, “Our work with Planetary Emissions Management Inc. can make a real and lasting difference in forest and cultural preservation through large-scale first-of-its-kind GHG monitoring programs that result in revenue to landowners from new tradable carbon products.” Bruno D. V. Marino, PhD, CEO and founder of PEM Inc. added, “The fate of vast DRC forests is a bellwether for the sustainability of planetary forests, preservation of Indigenous Peoples, and stewardship of the DRC biosphere, an emerging 'Country of the Future' in Africa.” The population of Africa is expected to double to 2.4 billion by 2050 bringing new challenges for management of the environment and food production. The joint project addresses both areas. PEM will deploy field measurement systems for forest carbon sequestration, including agroforestry, to support monetization to markets in collaboration with EmiAfrican. The PEM approach is based on 24/7 monitoring, verification, and accounting of GHG flux (e.g., CO2, CH4, and N2O). The PEM approach imposes no fees or costs to landowners in contrast to traditional carbon credit programs. “PEM supports objectives of the Paris Agreement, including large-scale direct GHG measurement technologies, innovative climate change finance, and GHG trading options for signatory countries across the planet,” explained Marino. A contemplated Regulation A+ Tier II* approach to support the project would allow the public to invest in a company whose mission is to create forest sequestration products based on direct high-frequency measurement of GHGs. Such products, which demonstrate net emission reduction and can be linked to observable changes in the biosphere, will be offered for sale by PEM at a range of prices to individuals, corporations, and institutions worldwide. The PEM approach may also address the importance and uniqueness of Indigenous Peoples and their land rights, and their role in the management of GHG emissions and climate change by providing them with direct access to climate change finance through an approach similar to that undertaken for DRC forests. *Planetary Emissions Management Inc. is contemplating an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offering to buy the securities can be accepted and no part of the purchase price can be received until the offering statement, filed by the company with the Securities and Exchange Commission (“SEC”), has been qualified by the SEC. Any such offer may be withdrawn or revoked without obligation or commitment of any kind, at any time before notice of its acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind.
News Article | November 7, 2016
How much carbon is actually sequestered by diverse forest landscapes and how useful are carbon credits? This and related questions are addressed by a joint project that combines commercial large-scale greenhouse gas (GHG) sensor systems and diverse forest ecosystems located in Ghana. The Forestry Commission of Ghana (FCG), Accra, Ghana, Africa, and Planetary Emissions Management Inc. (PEM), Cambridge, MA, USA, have initiated a joint project now in the planning stage. Scientifically proven forest carbon sensors scaled-up for commercial applications would be deployed as a modular, intelligent, autonomous system of systems for the proposed project. The PEM approach turns traditional carbon credits upside down; there is no cost or fee to landowners, instead, landowners may receive upfront and annual payments for sequestered forest carbon implemented with a detailed project management plan subject to annual review. The project results include new and directly verified carbon products for sale to individuals, corporations and institutions worldwide. A Regulation A+ Tier II* $50M USD funding plan is under consideration to support the project. Mr. Samuel Afari Dartey, the CEO of the Forestry Commission of Ghana, remarked, “The Forestry Commission is looking forward to this new partnership with Planetary Emissions Management Inc. to undertake this novel trading in diverse carbon products from Ghana’s forests." CEO Dartey went on to say, "We believe that this project has the potential to offer sustainable financial rewards and environmental benefits to Ghanaian stakeholders (landowners, government, forest communities and the private sector) as they conserve and manage different forest landscapes, the contribution of this project towards global climate change amelioration can be very positive and hence, worth pursuing." Bruno D.V. Marino, PhD, CEO and Founder of PEM Inc. added, "This is an extraordinary opportunity to work at the planetary scale with our colleagues at the Forestry Commission of Ghana and share innovative GHG sensor technologies for forest conservation, working forests, biodiversity and cultural heritage projects with revenue to stakeholders." The PEM approach is a game-changer for traditional carbon credits featuring no fee services, upfront and annual payment options, and 24/7 monitoring, verification and accounting of GHG's (e.g., CO2, CH4, N2O) for diverse forest landscapes across Ghana. "PEM supports objectives of the Paris Agreement including large-scale direct GHG measurement technologies, innovative climate change finance and GHG trading options for signatory countries across the planet," remarked CEO Marino. A contemplated Regulation A+ Tier II* approach to support the project would allow the public to invest in a company whose mission is to create forest sequestration products based on direct high frequency measurement of GHG's. Such products, which demonstrate net emission reduction and can be linked to observable changes in the biosphere, will be offered for sale over a range of prices to individuals, corporations and institutions worldwide.The PEM approach may also address the importance and uniqueness of Indigenous Peoples and their land rights in protecting forests and their role in the management of GHG emissions and climate change by providing direct access to climate change finance to indigenous groups similar to the approach to be undertaken for forests in Ghana. The PEM approach includes creation of a website specifically for registration of directly measured forest GHG products that will host PEM FCG projects at no cost to project owners. The registration website will also host peer reviewed results of directly measured forest GHG emissions and ecological, biodiversity and cultural heritage research projects of relevance to the PEM FCP projects. About PEM Inc. Planetary Emissions Management Inc. (http://www.pemforest.com) is an early stage greenhouse gas services and technology company addressing management of atmospheric composition and greenhouse gas markets worldwide. About FCG. The Forestry Commission of Ghana (http://www.fcghana.org) is responsible for the regulation of utilization of forest and wildlife resources, the conservation and management of those resources and the coordination of policies related to them. We aim to be a corporate body of excellence in the sustainable development, management and utilization of Ghana's forest and wildlife resources meeting both national and global standards for forest and wildlife resource conservation and development. *Planetary Emissions Management Inc. is contemplating an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offering to buy the securities can be accepted and no part of the purchase price can be received until the offering statement, filed by the company with the Securities and Exchange Commission (“SEC”), has been qualified by the SEC. Any such offer may be withdrawn or revoked without obligation or commitment of any kind, at any time before notice of its acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind.
Lewicki J.L.,U.S. Geological Survey |
Hilley G.E.,Stanford University |
Dobeck L.,Montana State University |
McLing T.L.,Idaho National Laboratory |
And 3 more authors.
Chemical Geology | Year: 2013
A set of CO2 flux, geochemical, and hydrologic measurement techniques was used to characterize the source of and quantify gaseous and dissolved CO2 discharges from the area of Soda Springs, southeastern Idaho. An eddy covariance system was deployed for ~one month near a bubbling spring and measured net CO2 fluxes from -74 to 1147gm-2 d-1. An inversion of measured eddy covariance CO2 fluxes and corresponding modeled source weight functions mapped the surface CO2 flux distribution within and quantified CO2 emission rate (24.9t d-1) from a 0.05km2 area surrounding the spring. Soil CO2 fluxes (<1 to 52,178gm-2 d-1) were measured within a 0.05km2 area of diffuse degassing using the accumulation chamber method. The estimated CO2 emission rate from this area was 49t d-1. A carbon mass balance approach was used to estimate dissolved CO2 discharges from contributing sources at nine springs and the Soda Springs geyser. Total dissolved inorganic carbon (as CO2) discharge for all sampled groundwater features was 57.1t d-1. Of this quantity, approximately 3% was derived from biogenic carbon dissolved in infiltrating groundwater, 35% was derived from carbonate mineral dissolution within the aquifer(s), and 62% was derived from deep source(s). Isotopic compositions of helium (1.74-2.37 Ra) and deeply derived carbon (δ13C≈3‰) suggested contribution of volatiles from mantle and carbonate sources. Assuming that the deeply derived CO2 discharge estimated for sampled groundwater features (~35t d-1) is representative of springs throughout the study area, the total rate of deeply derived CO2 input into the groundwater system within this area could be ~350t d-1, similar to CO2 emission rates from a number of quiescent volcanoes. © 2012.
Lewicki J.L.,Lawrence Berkeley National Laboratory |
Hilley G.E.,Stanford University |
Dobeck L.,Montana State University |
Marino B.D.V.,Planetary Emissions Management Inc.
Bulletin of Volcanology | Year: 2012
Use of eddy covariance (EC) techniques to map the spatial distribution of diffuse volcanic CO 2 fluxes and quantify CO 2 emission rate was tested at the Horseshoe Lake tree-kill area on Mammoth Mountain, California, USA. EC measurements of CO 2 flux were made during September-October 2010 and ranged from 85 to 1,766 gm -2 day -1. Comparative maps of soil CO 2 flux were simulated and CO 2 emission rates estimated from three accumulation chamber (AC) CO 2 flux surveys. Least-squares inversion of measured eddy covariance CO 2 fluxes and corresponding modeled source weight functions recovered 58-77% of the CO 2 emission rates estimated based on simulated AC soil CO 2 fluxes. Spatial distributions of modeled surface CO 2 fluxes based on EC and AC observations showed moderate to good correspondence (R 2 = 0. 36 to 0. 70). Results provide a framework for automated monitoring of volcanic CO 2 emissions over relatively large areas. © 2011 Springer-Verlag (outside the USA).
Planetary Emissions Management Inc. | Date: 2013-09-27
A system of systems to monitor data for carbon flux, for example, at scales capable of managing regional net carbon flux and pricing carbon financial instruments is disclosed. The system of systems can monitor carbon flux in forests, soils, agricultural areas, body of waters, flue gases, and the like. The system includes a means to identify and quantify sources of carbon based on simultaneous measurement of isotopologues of carbon dioxide, for example, industrial, agricultural or natural sources, offering integration of same in time and space. Carbon standards are employed at multiple scales to ensure harmonization of data and carbon financial instruments.