Gevo Achieves Industry Milestone: 500,000 High-Quality Carbon Removal Credits Issued from Gevo North Dakota Plant
Rhea-AI Summary
Gevo (NASDAQ: GEVO) announced that its Gevo North Dakota plant has issued more than 500,000 engineered carbon-dioxide removal certificates (CORCs) since CCS operations began in June 2022. The site is described as the largest producer of engineered carbon removal credits and the only ethanol CCS project issuing Puro.earth-certified certificates with thousand-year permanence. Gevo's GND plant recently received an "A" rating from BeZero Carbon. The company highlighted market context noting the voluntary carbon dioxide removal market has surpassed $11 billion in purchases but only 2.8% of those purchases have been delivered.
Positive
- Issued > 500,000 CORCs since June 2022
- GND plant described as largest engineered carbon removal producer
- BeZero Carbon upgraded GND CCS to an A rating
Negative
- Only 2.8% of voluntary CDR purchases have been delivered
- CCS activities at GND began in June 2022 (recent operational history)
News Market Reaction
On the day this news was published, GEVO gained 3.08%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
GEVO fell 2.99% while peers were mixed: MNTK -2.84%, AMTX +4.79%, CLMT +2.13%, LWLG +1.36%, LOOP 0%. Movements do not show a unified sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 16 | Carbon leadership hire | Positive | -0.5% | Creation of Chief Carbon Officer role to drive carbon market expansion. |
| Jan 14 | IP/patent expansion | Positive | +1.5% | New U.S. patent for ethanol-to-olefins process enabling lower-cost fuels. |
| Jan 05 | Operations leadership | Positive | +2.4% | Hiring EVP operations and named successor to COO to support growth. |
| Dec 18 | Carbon rating upgrade | Positive | +3.8% | BeZero Carbon upgraded GND facility CORCs to an “A” rating. |
| Dec 15 | CEO succession | Neutral | -5.2% | Planned CEO retirement and appointment of Paul Bloom as incoming CEO. |
Recent positive operational and carbon-market news often aligned with modest price gains, but some governance/carbon leadership headlines saw weak or negative reactions.
Over the last several months, Gevo announced multiple strategic and operational milestones. Leadership changes, including a new CEO effective April 1, 2026 and a new Chief Carbon Officer, emphasized growth in carbon markets and succession planning. Operationally, Gevo expanded its IP with a new ethanol-to-olefins patent and strengthened its operations team with a new EVP/COO successor. The Gevo North Dakota facility received an upgraded “A” rating for its CORCs and features a 1 million tons/year Class VI storage well. Today’s 500,000-CORC milestone builds directly on these carbon-management developments.
Market Pulse Summary
This announcement underscores Gevo North Dakota’s scale in engineered carbon removal, with more than 500,000 CORCs issued and certification under Puro.earth standards emphasizing thousand-year permanence. It complements earlier recognition, such as the BeZero Carbon “A” rating and the facility’s 1 million tons/year Class VI storage well highlighted in recent news. Investors may watch future CORC issuance, contract activity in the $11 billion CDR market, and how these volumes translate into revenue alongside ongoing net losses.
Key Terms
carbon capture and storage technical
CCS technical
Puro.earth regulatory
carbon-dioxide removal certificates technical
AI-generated analysis. Not financial advice.
The Gevo North Dakota site is believed to be the largest producer of engineered carbon removal credits and the only ethanol carbon capture and storage project issuing Puro.earth-certified certificates with thousand-year permanence
ENGLEWOOD, Colo., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leader in renewable fuels and chemicals and carbon management, is pleased to announce that it’s Gevo North Dakota plant has issued more than 500,000 engineered carbon-dioxide removal certificates, known as CORCs, since carbon capture and storage (“CCS”) activities began in June of 2022.1
“Gevo designed its carbon business to operate with integrity at scale across regulated low carbon fuel markets and voluntary markets,” says Alex Clayton, Chief Carbon Officer for Gevo. “By applying Puro.earth’s industry-leading standards for CCS and maintaining strict controls to prevent double-counting, we have been able to deliver high-quality carbon removal consistently and credibly. Reaching 500,000 CORCs demonstrates that engineered carbon removal can be both scalable and reliable.”
“Reaching half a million CORCs is a significant milestone, and we congratulate Gevo on being the first carbon removal supplier to achieve this level of scale,” said Jan-Willem Bode, President of Puro.earth. “It demonstrates that large-volume, high-integrity carbon removal certified under the robust Puro Standard is operational today."
Gevo is at the forefront of an industry that we believe is only beginning to recognize what true scale and quality can be. Recently, GND’s carbon capture and storage efforts received an upgrade to an “A” rating from BeZero Carbon Ltd., a preeminent global carbon rating agency. In a growing market that, according to CDR.fyi, has eclipsed
About Gevo
Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including sustainable aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates an ethanol plant with an adjacent CCS facility and Class VI carbon-storage well. We also own and operate one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. Additionally, Gevo developed the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals operating since 2012. Gevo is currently developing the world’s first large-scale ATJ facility to be co-located at our North Dakota site. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes helps deliver value to our local economies. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring, and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.
For more information, see www.gevo.com.
Forward Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, the expansion of Gevo’s carbon business, the markets and demand for carbon dioxide removal credits, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations, and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024 and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.
Gevo Media Contact
Heather L. Manuel
VP, Stakeholder Engagement & Partnerships
PR@gevo.com
Gevo IR Contact
Eric Frey
VP of Finance & Strategy
IR@Gevo.com
1 Gevo North Dakota was previously known as Red Trail Energy and was purchased by Gevo in January 2025.
FAQ
What milestone did Gevo (GEVO) announce on January 21, 2026?
What is a CORC and which standard certifies Gevo's credits (GEVO)?
How did BeZero Carbon rate Gevo's North Dakota CCS project (GEVO)?
What market context did Gevo cite about carbon dioxide removal demand?
Does Gevo claim the North Dakota plant is unique among ethanol CCS projects (GEVO)?
