American Carbon Registry (ACR) has released version 2.0 of its carbon capture and storage methodology. The updated rules expand eligibility to include direct air capture, biogenic carbon sources, and storage in saline reservoirs or depleted oil and gas fields across the US and Canada. These changes aim to support hard to decarbonize industries like cement and steel. By aligning with EPA monitoring and verification requirements, the new standards provide a clearer path for projects to qualify for carbon credits and leverage incentives like the US 45Q tax credit.
