Plastic and Carbon Credits
PLASTIC CREDITS
PlasCred partners with Verra and SCS Global Services to establish verification methodologies for advanced recycling facilities and industrial plastic waste processing.
- Current frameworks only cover collection and mechanical recycling – creating new pathways for verified credit generation from industrial operations.
PlasCred Neos is expected to process 100 tonnes of plastic per day with verified credit potential of $5,000 to $80,000 per day.
- Current market value of plastic credits are $50 – $800 per tonne of plastic processed.
Strong global demand for verified plastic credit supply. Companies such as Pepsi, Coke, Unilever, Nestle, and P&G are under increasing pressure to secure verified recovery credits tied to real industrial processing
CARBON CREDITS & GHG Reduction
PlasCred ‘s Credit Development Team is advancing carbon credit certification.
- Countries across the world are advancing climate commitments under agreements like the Paris Accord, introducing carbon pricing and emissions taxes to reduce greenhouse gases.
- Carbon trading markets are expanding quickly, as companies pursue certified credits to manage emissions obligations.
PlasCred Neos GHG Reduction
- ~ 51,000 tonnes of CO2 per year.
- Potential of $1.5 million per year revenue.
- Equivalent of removing over 11,000 vehicles from the road annually.
Voluntary Carbon Credits
- Voluntary carbon credits have a value of $8 to $30 per tonne carbon removed and have a dedicated demand market of mostly energy organizations.