As governments, corporations and others seek ways to reduce their carbon footprints there has been an increased interest in the use of Certified Carbon Credits (CCCs), including CCCs tied to microalgae, seaweed, and kelp production. Algae and seaweed have long been touted as an excellent way to sequester carbon, but not many companies or producers are actively tracking and/or offering CCCs for purchase. There is no single system for tracking or selling CCCs, and getting started can be confusing.
View this webinar from August 2, 2022 with CCC process experts John Pierce from Stroock & Stroock & Lavan LLP, and Tom Byrne from CarlsonSV to learn about how you can track and manage your carbon capture and participate in CCC markets. Presentations are followed by a moderated Q&A.
Thomas Byrne, CPA, CGMA, EDFP
Thomas Byrne, CPA, CGMA, EDFP, is a founding member of the Algae Biomass Organization (ABO) and one of the biomass industry’s most experienced financial and tax professionals. Tom currently is a Tax and Biotech Manager for CarlsonSV, LLP. He has been a certified public accountant since 1979 and has provided expertise in business structure, tax consulting, feasibility studies, financial modeling, business plan preparation, equity meetings organization, start-up management, and grant applications. In the past, Tom served as CFO and COO of a non-GMO/organic food ingredient processing company.
He has also led in the development of large-scale renewable biomass projects worldwide, including ethanol, algae, agriculture waste, biodiesel, and wind projects by coordinating the entire lifecycle of biofuels and renewable energy start-up projects from conceptualization to construction. Tom has also worked modeling and describing carbon credit projects in Africa, Mexico and the US. Tom has worked with the 45Q legislation for a number of years working with and though CarlsonSV, Algae biomass Organization and Carbon Capture Coalition.
Tom continues to serve as board member and Secretary/treasurer of ABO
John Pierce, Partner
Stroock & Stroock & Lavan LLP
John is a co-founder and former Chair of the Algae Biomass Organization.
He currently focuses his practice on the structuring, development and financing of energy and infrastructure projects. He represents clients in connection with power generation projects fueled by an array of traditional, renewable, and unconventional energy sources. John also works with carbon mitigating credits, offsets and trading structures, the creation of carbon trading protocols and markets, carbon sequestration, other environmental attributes and related market-based means to add value to certain energy projects.
His project counsel includes the development of utility-scale solar projects in the United States, the Caribbean, Southeast Asia, and Northeast Asia, including advising on the development and sale of seawater air conditioning system in Hawaii and the Bahamas, on the procurement and sale of the LNG for sale in China, working with a major Jones Act shipper on LNG procurement and supply for fleets serving Alaska, Hawaii, and Puerto Rico from Washington and Florida, counseling on the procurement of U.S.-originated LNG for consumption in Asia. John has recently advised on the development and financing of wind farms in West Texas, various wind and solar projects elsewhere in Louisiana, Oklahoma and Texas and PV solar projects in Texas, California, Arizona and Washington. He was primary counsel on a 1,000 MW offshore wind farm in Morro Bay, California, a 700+ MW offshore wind farm in Hawaii, similar offshore wind farm projects in Japan, Taiwan, Korea, and the Caribbean, a variety of PV solar and batter storage systems, the development of utility-scale solar thermal for steam injection projects in oil production fields, pump storage projects in California, Hawaii, Montana and Washington, as well as electric vehicle infrastructure and renewable hydrogen production technologies and projects in Texas, California, Washington and Iceland.
John has advised and structured various financings of energy and energy-related projects. Additionally, he has infrastructure project experience where he has counseled on the development of port facilities (bulk and container), airports, toll roads, terminals, refineries and associated pipelines, and industrial zones.
According to Chambers, “He is always very thorough, thoughtful and responsive on a wide variety of issues. He is well informed on renewable energy project finance matters too.”
He also advises several nonprofits in Southeast Asia working on refugee issues and human rights matters, and acted as counsel to Nobel laureate Daw Aung San Suu Kyi.