The proposal is for KlimaDAO to secure 3,000 tonnes of pre-CORCs from Sky East Invest LTD for delivery in 2025 at $250,000. Sky East Invest LTD, an innovative green energy provider and creator of Easychar, allows for sustainable carbon capture in existing energy consuming businesses, offering a scalable decarbonization solution.
This acquisition aligns with KlimaDAO’s strategic initiatives to invest in scalable, high-impact carbon capture technologies. The Easychar model, with live distilleries and capacity for significant annual carbon sequestration, provides a dual benefit of reducing carbon footprint and supplying renewable energy. The investment in pre-CORCs underpins KlimaDAO's commitment to forward-thinking environmental stewardship and supports the protocol by diversifying its portfolio into tangible, impact-driven assets.
Secure Purchase: Finalize the purchase of 3,000 tonnes of pre-CORCs from Sky East Invest LTD for $250,000, at $83.33 / pre-CORC, ensuring the addition of high-quality carbon to KlimaDAO's asset base.
VERPA: Enter into a voluntary emissions reduction purchase agreement (VERPA) with Sky East Invest LTD at the agreed upon terms.
Strategic Partnership: Leverage the relationship with Sky East Invest LTD to explore further synergies in green energy, carbon capture, and scalable biochar initiatives.
On-chain liquidity: Use the pre-CORCs, either prior to delivery or afterwards, to create a liquid biochar market traded against $KLIMA
Financial Structuring: Align payment schedules and terms with KlimaDAO’s treasury management and Green Ratio guidelines.
Future Scaling: Assess Sky East Invest LTD’s expansion plans for additional investments and partnership opportunities, in line with the Carbon Evaluation Framework, supporting KlimaDAO's scaling objectives.
Sky East Invest LTD offers tangible benefits to distilleries in which their boilers are installed, creating a symbiotic and scalable process for carbon sequestration.
Sky East Invest LTD has completed lifecycle assessments (LCA’s) of both current installations (Bladnoch / Tamdhu), as well as for the second (Deanston and Glen Grant) and third waves (GlenDronach) of installations.
This purchase represents an opportunity for KlimaDAO to diversify its treasury into a high-impact asset class and make new environmental asset markets with this supply. This represents a highly symbiotic opportunity, and I encourage all community members to learn more about Sky East Invest LTD Easychar solution and engage with this proposal.
The governance process begins now and will be voted on for escalation to KIP by the KRC.