If there aren't any CDRCs available for sale in the BidCarbon marketplace, certificates are substituted with 'Operating Companies created CDRCs' for buyers to purchase. These CDRCs can be traded and surrendered as ordinary CDRCs.
Payment must be received in full before CDRC's are released from the BidCarbon marketplace.
Once payments are cleared, we settle the purchase and CDRCs are transferred into the buyers BUC Registry account.
The BidCarbon removal units (BRUs) within those CDRCs are then retired from the BidCarbon Units and Certificates (BUC) registry.
Therefore, retirement of a BRUs indicates that it has been utilised and is no longer available for sale or trade on the carbon market.