CONTENT: Press Release
SAN FRANCISCO, December 10, 2020 /3BL Media/ 3Degrees today announced that it will sell verified emissions reductions (VERs), also known as carbon offsets, from Electrify America, tapping into revenue from its voluntary carbon customers to help fund upkeep of Electrify America’s expansive, ultra-fast electric vehicle (EV) charging infrastructure across the U.S.
3Degrees is the exclusive offtaker of the first VERs from Electrify America’s national fast charging network in voluntary carbon credit markets, which is being verified under the internationally recognized Verified Carbon Standard (VCS). 3Degrees will market and sell these VERs to prospective buyers, with the first transaction expected in the second quarter of 2021. The Electrify America project was launched as the world’s first validated carbon offset project for electric vehicle chargers earlier this year.