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.

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