Bluesource

Bluesource is a Utah-based environmental action partner focused on helping private and public companies, nonprofits, and governments reduce environmental impact. The company was founded in 2001. Bluesource develops environmental reduction strategies for environmental products used in forty-six US states and four Canadian provinces and is the largest carbon offset developer in America.

Since 2014, Bluesource has been voted Best Project Developer in North America and Best Offset Originator in California for six consecutive years by Environmental Finance's Annual Market Rankings. Its services and projects operate within the Western Climate Initiative (WCI) framework for California and Quebec and the Alberta Technology Innovation and Emissions Reduction (TIER) model.

Bluesource also has strategic alliances with the Pacific Forest Trust (PFT), Campbell Global, and GEF Capital Partners. The company is a member of the International Emissions Trading Association (IETA), the Verified Emission Reduction Association (VERA), and the Texas Carbon Capture and Storage Association, and is a founding member of the North American Carbon Capture and Storage Association (NACCSA).

Bluesource founders Eric Townsend, Andy Ward, and Roger Williams began working in greenhouse gas markets in 1996 and formally founded the company in 2001. The company began environmental consultation and support services for the US and Canada in 2008, covering strategy advisement, evaluations, product development and launches, environmental marketplace creation, and transactional support.

Carbon offsets help companies address their own environmental footprints while investing in high-quality, verified emission reduction projects. Bluesource works with customers to analyze sustainability goals, set eco-friendly strategies, and minimize emissions.

Bluesource also assists organizations in meeting greenhouse gas compliance standards, both by internally reducing emissions and by purchasing compliance instruments such as allowances, offsets, and emissions performance credits.

Bluesource helps companies develop unique projects that produce emission reduction benefits for sale in the US carbon markets. These projects are aimed at earning carbon offset credits through straightforward sustainability designs that create credit offtake for the duration of a project's lifecycle.

Bluesource's project development services include assistance with multiple areas within a development cycle and are available across a wide range of project types that include forestry, grasslands, coal mining, water treatment, carbon capture, biomass, and more.

• Carbon opportunity assessments
• Feasibility confirmation
• Inventory development
• Carbon growth and yield modeling
• Project design and documentation
• Third-party verification
• Public registration
• Carbon marketing, sales and contracting
• Continued project support

Bluesource has sixty-nine registered forest carbon projects, representing over 2,600,00 acres and $182,000,000 new revenue for landowners. The company's forest carbon projects utilize a mix of public and private frameworks to balance conservation efforts with carbon market revenues and incentivize landowners to favor land conservation.

A map of Bluesource's forest carbon projects.

Bluesource has forty-five active biogas projects, with over 200 compressed natural gas stations across sixteen states. Bluesource partners with municipalities, dairy farmers, and private companies to generate and sell renewable fuel and allocate biogas from Compressed Natural Gas (CNG) stations to American and Canadian dispensing stations.

The company began advising clients about Renewable Natural Gas (RNG) in 2013, assisting partners in facility registration and generation of Renewable Identification Numbers and Low Carbon Fuel Standard (LCFS) credits. Bluesource offers companies assistance in registration, transportation offtake, credit generation, reporting, compliance management, and monetization.

Bluesource has replaced over 10,700 controllers and reduced over 1,700,00 metric tons of CO₂e, claiming $11,400,000 USD in savings on equipment and installation costs. The company focuses on reducing methane emissions for oil and gas producers in Alberta, Canada, by offering tailored approaches for reducing emissions for pneumatic drilling equipment. Oil and gas equipment serviced by Bluesource includes pneumatic controllers, instrument air, chemical pumps, and vent gas captures.

Bluesource won the Suzanne West Environmental Excellence Award in the 2020 Global Energy Awards for their technology and industry-led funding program that helped twenty-six companies adopt new technology and meet new methane emission regulations.

Since December 2009, Bluesource has partnered with The Nature Conservancy to offer forest carbon benefits for private landowners to advance forest conservation. The Working Woodlands project, a model forest conservation program, allows joint development of market-based incentives and rewards landowners who demonstrate excellent forest management practices. The joint project uses a combination of long-term working forest conservation agreements, Forest Stewardship Council (FSC) forest management certification, and carbon market payments to eliminate out-of-pocket costs to landowners and make conservation more attractive.

Bluesource announced a partnership with DTE Energy's Gas Company on April 14, 2021, to assist in the Greenleaf Improved Forest Management project, which focuses on protecting 24,000 acres of forest and waterways in Michigan's Upper Peninsula.

Turo, a California-based P2P car sharing company, announced becoming the first car sharing or car rental marketplace to offset 100% of its estimated global carbon emissions through investment in Bluesource emission-reduction projects in British Columbia and Alaska.