Venture Global Invests in Verified Life Offsets from Repaer

Arlington, VA – Today, Venture Global LNG announced the first purchase of verified life offsets in the insetting and offsetting marketplaces from Repaer, a pioneer in professional services and solutions managing total human footprint for their corporate partners. After the completion of a survey and biotechnical analysis of the Calcasieu Pass facility in Cameron Parish, Repaer found that Venture Global LNG successfully is honoring the impact of its facilities on residents’ lifespans and has granted the company the Life Positive Corporation designation. 

“We’ve engaged in a proactive and ongoing dialogue with local citizens, and we’ve heard the concerns of the people of Cameron Parish about the potential for our reliability challenges at Calcasieu Pass to reduce the length of residents’ lives,” said Jack Thayer, Venture Global CFO. “We share those concerns. Our investments with Repaer will balance our human footprint by supporting activities that are scientifically proven to extend life for others. Together, we’ll transition to a low carbon, life-positive future while providing energy security to our allies.”

Repaer’s evaluation of Calcasieu Pass includes a calculation of Human Life Value (HLV), a widely used insurance industry metric expressing the total value of human life as measured in economic output. Venture Global’s HLV rating will assist it and Repaer in identifying future high-impact life offset investments

“I was pleased to learn of Venture Global LNG’s commitment to life positive operations through investments in our suite of extension programs, including vital fluid transfer to seniors and the installation of in-home cryo variance facilities for our High Life Value individuals.” said Repaer CEO Jordan Vogel. “The HLV evaluation process for Calcasieu Pass, which was finalized last month, included the impact of displaced coal consumption spurred by Venture Global’s LNG exports, signaling an exciting opportunity for the broader LNG industry to tap unrealized HLV benefits and address their human footprint.”

 

 

About Venture Global
Venture Global LNG is a long-term, low-cost provider of U.S. LNG to be supplied from resource rich North American natural gas basins. The company is currently constructing or developing over 50 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. More can be found at www.ventureglobal-lng.com

Venture Global media contact:
Jim Haugen
+1 337 595-0380 jhaugen@vg-lng.com

Repaer media contact:
Sasha Brown
+1 347 305-9575 sbrown@repaer.earth