Giving (carbon) credit where it’s due

Wrangling the wild west of the voluntary carbon offset market

 
Fusion energy. Electric airplanes. Fertilizer from air. The world of climate tech overflows with mind-bending technologies. But perhaps the most mind-bending of all? The voluntary carbon market.

The scientific consensus that we need to drain the bathtub (in addition to turning off the tap) couldn’t be clearer. Nearly every legitimate corporation has pledged to be Net Zero, but won’t get there through emission reductions alone. Funding rounds and job postings alike for “CDR” startups are white-hot with VCs and candidates tripping over themselves to be a part of carbon drawdown. Yet, fundamental open questions around definitions, regulation, and verification make any hard predictions about the voluntary carbon market a fool’s errand.

But where there’s uncertainty, there’s upside.

And the trappings of a good deep dive 😉 Readers beware: this one runs longer than usual, so it might be a good post bookmark and keep coming back to. Readers beware again: this one includes more editorial predictions than usual. We’ve spent the past 3 months huddling up with founders, consultants, policy makers, and investors operating at the cutting edge of this market trying to capture a perfect snapshot, but it keeps blurring – the market is moving too quickly. Undoubtedly you’ll find things to disagree with and bits that we omitted in the below. In the spirit of speedily but steadily bringing this new carbon market online together, call us out to update this picture!

 
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Πηγή: climatetechvc.substack.com