New ACR Carbon Capture Standards Open Door To Direct Air Capture And Biogenic Credits

ACR has released Version 2.0 of its carbon capture and storage methodology, expanding eligibility for carbon credits across carbon capture, direct air capture, and geologic storage projects in the United States and Canada. The revised framework allows CO2 storage in saline reservoirs and depleted oil and gas fields, while also extending eligibility to biogenic carbon sources and carbon removal technologies such as DAC and BECCS. The methodology retains crediting provisions for Enhanced Oil Recovery (EOR) projects while introducing expanded emissions accounting requirements covering oil and gas production, transportation, refining, and end use. ACR said the framework aligns with U.S. EPA Class VI geologic sequestration standards and strengthens monitoring, reporting, and verification requirements for long-term CO2 storage.
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