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The President of Money Metals Exchange recently appeared on the Gold Standard Podcast to talk about legislation related to sound money.

Redwood Logistics introduces a new initiative aimed at fostering sustainable supply chains for shippers through its launching of…

ImpactDigger by ImpactDigger
March 17, 2023
in Carbon market
Reading Time: 2 mins read
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Redwood Hyperion is a carbon mitigation and management software that helps growers, foresters, and ranchers to identify, measure, and manage their carbon emissions. The software is created by NRG Energy, a US power company, and launched in 2020. Redwood Hyperion uses satellite imaging and geographical data to measure carbon sequestration and identify areas where carbon storage practices can be improved. The software also supports carbon-neutral initiatives by automating carbon reporting for third-party certifications such as the Gold Standard, Verified Carbon Standard, and American Carbon Registry.

The Gold Standard is a certification standard that aims to promote sustainable development and reduce greenhouse gas emissions. The standard was established in 2003 by several NGOs, including WWF and Oxfam. The Gold Standard certification ensures that the carbon credits meet environmental and social criteria such as additionality, permanence, and social co-benefits. Verified Carbon Standard is another certification standard that verifies projects that reduce greenhouse gas emissions and promotes sustainable development. The American Carbon Registry is a registry where projects can register their carbon credits for verification, issuance, and trading.

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Redwood Hyperion helps growers, ranchers, and foresters to identify the carbon storage potential of their land and track their carbon emissions over time. The software uses data from satellites to measure the trees’ height and density, calculate the carbon sequestration potential, and identify areas where tree planting can improve carbon storage capacity. Redwood Hyperion combines geographical data with remote sensing technology to provide a comprehensive map of carbon emissions and sequestration potential, allowing growers to identify areas of improvement and optimize their carbon footprint.

In addition to tracking carbon emissions and sequestration potential, Redwood Hyperion also provides support for third-party carbon certification. The software automates the carbon reporting process and ensures that emissions data is accurate and up-to-date. By supporting third-party standards such as the Gold Standard, Verified Carbon Standard, and American Carbon Registry, Redwood Hyperion helps growers and ranchers to participate in the global carbon market and contribute to carbon-neutral initiatives.

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