Episode 13: Is Blockchain the Next Step in Methane Emissions Management?

In this episode of Methane Talks, we are joined by Paul Hajek, Chief Revenue Officer, Envana Software Solutions, and Liz Arthur, Global Head of Enterprise Strategy at EarnDLT.

Listen as they discuss the partnership between Envana Software Solutions and EarnDLT, and explore what blockchain, or “distributed ledger,” means in the context of emissions management, delving into the industry’s need for bespoke oil and gas software with built-in blockchain QET optionality.

Incubated with Halliburton, Envana Software Solutions aims to address pressing questions regarding environmental alignment amidst increasing green investments and internal emissions tracking. Their digital greenhouse gas emissions management software-as-a-service product allows oil and gas companies to operationalize GHG emissions tracking by integrating directly into existing software ecosystems, enabling forecasting, auditing, tracking, and reporting.

In contrast, EarnDLT connects the disconnected parts of the commodities industry, enabling transparent measurement, recording, validation, and trading of environmental attribute data that everyone can trust. EarnDLT's Quantified Emissions Tokens® (QETs) encode verified and auditable environmental data from the point of production into a digital “token” stored on an enterprise-grade blockchain platform. This allows for the efficient and standardized measurement, recording, and verification of Scope 1, 2, and 3 emissions.