Verde Agritech Ltd T.NPK

NPK has over 200,000 tons of CO2 Credits Already

[nozzpack]

Approx 1.5 million tons of Greensand fertilizer has been sold since 2019 which is about 230,000 tons of permanent CO2 credits in the bag.

I say in the bag because GS derivative permanent sequestered CO2 credits have been scientifically and tecnically certified.

One presumes that whomever this large buyer or group of buyers are, they will need certification of said CO2 credits in order to use them to offset their bow emissions .

So, that is the case.

The plants grown from such fertilizer would also produce net C02 credits but the ownership of such credits  remains uncertain to me.

I presume the grower and not NPK..

And yes, I Do know that Brazil is a diversified food producer with 41.3 million acres planted with corn..

[nozzpack]

Let's speculate that NPK is offered $100 US per ton for these historic 230,000 tons of CO2 credits . In the NPK operating currency, that's  about $29 m CAD. It costs $25 cad per ton to produce these GreenSands fertilizer . Elementary computations result in NPK being able to produce over 1.1 million tons cost free using these CO2 credits. That tonnage once planted should

[medxtractor]

Noz, how do you know who owns the credits that you say are "in the bag"? The sale of fertilizer does not necessarily mean that NPK owns any "GS derivative permanent sequestered CO2 credits". And what is the basis of your claim "So, that is the case"? Please help me understand your position. Thx.

[nozzpack]

I assume that the product is patented fo NPK which would give them the right to claim the by product of CO2 sequestration and not the farmer...

[kanerfalk]

K-forte is just crushed glauconite, no additives. Hard to patent.

[Icefields]

I think it is the act of pulverizing the rock that increases its' CO2 absobtion.  I think CO2 is being pulled out of the air at Verde's production plant.

[nozzpack]

Not really. ERW requires the rock to be ground into fines which when applied to soils, the simple chemical process when exposed to water absorbs CO2 while fertilzing and conditioning the soil for repeat farming. In theory, applied directly to large bodies of water, the alkalization process would accelerate the CO2 absorption process such that 2 tons would absorb one ton of CO2 while fertilzing