Carbon X is revolutionizing the environmental space in the oil and gas industry by revitalizing areas with neglected oil and gas wells by permanently plugging them, thereby stopping methane leakage at the source. By doing this, Carbon X converts those emissions reductions into verified carbon credits. One carbon credit is proof that one ton of pollution did not enter the atmosphere. Companies can use these credits to help clean up their own impact on the environment.

Founded by geologist and CEO Whitney Landress, Carbon X is built on a simple idea, climate action should be scientifically proven and fully accountable. Their latest project resulted in a 300,000-credit transaction, but the impact didn’t stop there. More than 5,000 acres of land were restored – bringing back butterfly migration, quail habitats, native hardwood, grasses, and other wildlife that vanished after oilfield infrastructure had been neglected for decades. Carbon X proves that environmental restoration and financial returns can operate in lockstep by offering a new ethical blueprint for how climate finance should work.

Read more in Yahoo! Finance here.

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