Project Canary Adds Xpansiv As Registry Partner To Advance Transparency And Differentiation For Digital Fuel Markets

Business Wire

December 8, 2022

Project Canary, the data-driven foundation of the energy marketplace, has developed a process with Xpansiv, the global market infrastructure for environmental commodities, to publish verifiable climate attributes. Based on high-fidelity GHG emissions measurement, reporting, and verification (MRV) provided by Project Canary, the Xpansiv platform enables producers to productize climate attributes as registered standardized digital assets. This allows buyers to meet net-zero goals with verifiable environmental claims.

“Buyers, financial institutions, and global operators all want the same thing—robust measurement and more verifiable data”

• Project Canary is expanding its partnership with Xpansiv, bringing another data partner to Xpansiv’s registry ecosystem and allowing operators to transfer, transact, and retire assets in a secure and transparent platform.

• Project Canary offers customers the flexibility to select a preferred registry, such as the Xpansiv Registry, for their differentiated assets.

• The Xpansiv Registry enables producers to monetize or claim their differentiated assets, demonstrating environmental responsibility through measured and tracked methane intensity via an immutable ledger platform.

• Project Canary emissions data and assessment scores will underpin the climate attributes tied to Xpansiv registered assets based on actual production volumes, ensuring claims are securely parsed per Unit of Measure and not double-counted.