EQT Corporation and Context Labs today announced the establishment of a strategic partnership to advance the commercialization of verified low carbon intensity natural gas products and carbon credits. The partnership brings together EQT, the largest natural gas producer in the U.S., and Context Labs, an expert in distributed ledger technology, advanced climate data and analytics, machine learning and AI-capabilities.
Through tracking, reporting and verification of critical emissions data, the strategic partnership will support EQT in achieving its industry-leading emissions reduction targets, which include a commitment to reach net zero greenhouse gas (GHG) emissions by 2025. With a focus on emissions quantification, operational analysis and the certification of natural gas production, the companies will work to scale emissions mitigation across the full energy value chain.
Context Labs will provide an enterprise-wide deployment of their Decarbonization-as-a-Service (DaaSTM) platform across EQT’s asset footprint, with the goal of achieving full digital integration of EQT’s emissions data. The resulting creation of certified low-carbon intensity products will add a next dimension to EQT’s already robust and digitally-enabled organization.
Context Labs’ enterprise data fabric platform, DaaSTM, will enable certification and verification of the carbon intensity of EQT’s operating assets, with certificates registered in Context Labs’ CLEAR PathTMRepository. Additionally, the relationship will afford EQT the opportunity to integrate carbon credit projects into CLEAR PathTM in support of generating asset-grade, data-backed carbon credits.
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EQT And Context Labs Announce Strategic Partnership
Posted in Commentary with tags Context Labs, EQT on April 3, 2023 by itnerdEQT Corporation and Context Labs today announced the establishment of a strategic partnership to advance the commercialization of verified low carbon intensity natural gas products and carbon credits. The partnership brings together EQT, the largest natural gas producer in the U.S., and Context Labs, an expert in distributed ledger technology, advanced climate data and analytics, machine learning and AI-capabilities.
Through tracking, reporting and verification of critical emissions data, the strategic partnership will support EQT in achieving its industry-leading emissions reduction targets, which include a commitment to reach net zero greenhouse gas (GHG) emissions by 2025. With a focus on emissions quantification, operational analysis and the certification of natural gas production, the companies will work to scale emissions mitigation across the full energy value chain.
Context Labs will provide an enterprise-wide deployment of their Decarbonization-as-a-Service (DaaSTM) platform across EQT’s asset footprint, with the goal of achieving full digital integration of EQT’s emissions data. The resulting creation of certified low-carbon intensity products will add a next dimension to EQT’s already robust and digitally-enabled organization.
Context Labs’ enterprise data fabric platform, DaaSTM, will enable certification and verification of the carbon intensity of EQT’s operating assets, with certificates registered in Context Labs’ CLEAR PathTMRepository. Additionally, the relationship will afford EQT the opportunity to integrate carbon credit projects into CLEAR PathTM in support of generating asset-grade, data-backed carbon credits.
Find out more about these companies here:
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