The voluntary carbon market (VCM) has become a critical tool in the fight against climate change as have discussed in part 1 of our series on this topic. It allows companies and individuals to offset their emissions by investing in projects that reduce greenhouse gases elsewhere. This approach has the potential to significantly accelerate global decarbonization efforts. However, concerns […]
Voluntary Carbon Markets Part 1: The growing pains of a young market
The Voluntary Carbon Market (VCM) is a dynamic space brimming with potential to combat climate change. It facilitates the trade of carbon credits, each representing one ton of verified CO2 equivalent emissions reduction. Companies and individuals can purchase these credits to offset their unavoidable emissions and contribute to climate action. However, like any nascent market, the VCM is experiencing growing […]
Going Blue: Advancing direct air capture
One of the biggest challenges to direct air capture (DAC) has been the costs, as discussed in our previous blog that can be found here. Notable interest in carbon capture and DAC from both the public and private sector are providing new funding and incentives to promote the advancement of these technologies. Numerous projects are […]
Mother nature will provide: Natural climate solutions for energy markets
Numerous companies are making net-zero pledges, with over 30% of the world’s largest companies committing to become net-zero in the coming decades. Some commitments are more ambitious than net-zero, such as Microsoft’s pledge to offset all their carbon emissions since its inception. One of the most affordable and easily accessible ways to achieve these promises […]
Progress, albeit small, on carbon markets
In the U.S., climate change and regulations on carbon emissions have been relegated to oped pieces thanks to the recession and lack of political will. Even so, there has been some progress as California advances toward implementing the legislation known as AB 32 that sets greenhouse gas emission targets by 2020. This week will mark […]
China is the New Energy Dragon
It’s official. China is the world’s largest consumer of energy. This happened a lot sooner — at least five years — than projected thanks to the disproportionate impact of the Great Recession on the U.S. relative to China. More significantly, this is an inexorable phenomenon as the IEA announcement notes: Since 2000, China’s energy demand […]
