104. Is Carbon the new Crypto? Aug23
Listen now
Description
After a decade in obscurity, carbon offsets have resurrected in recent years as more companies are targeting net zero. Volumes and prices have picked up in 2021-22 to create a 2bn USD market that some institutions predict could rise to 50bnUSD by the end of the decade. But the market is non-regulated, very opaque and shrouded in incomprehensible jargon. Sounds familiar? Is carbon the new crypto? Are bad credits a bug or a feature of the system? Why do Companies think that carbon credits could be a solution on their net-zero journey? There are very heated debates around Carbon Credits/Carbon Offsets. They are loathed by very opiniated experts following spectacular failures or blatant frauds. On the other hand, some reasonable people are trying to sort out the mess while establishing, in the absence of any national or international regulations, what could differentiate a “good credit” from a “bad credit”. We bring in one the savviest expert of the voluntary carbon markets, Guy Turner, who will lay out the controversies and explain what a good credit is. Guy Turner, one of the original members of Bloomberg New Energy Finance, owns and runs Trove Research. Trove Research is the most respected and comprehensive source of information on the Carbon Market. With Guy we go from detailed concepts to the big picture and try to avoid the alphabet soup which has plagued the industry. A great conversation to set things in perspective. Useful links Who do define good credits: www.icvcm.orgHow to REALLY become carbon neutral https://vcmintegrity.org/Guy Turner’s company: https://trove-research.com/The show is powered by AXPO, green electricity provider for decades.
More Episodes
As Europe has reached 270GW wind power (vs 150GW USA), corresponding to a value of 500bnEUR, we dig into the value of those assets. Gerard being out, Laurent brought his friend Mortimer Menzel, Managing Partner of Augusta Co, one of the most seasoned investment bankers in the wind sector. After...
Published 09/16/24
Published 09/16/24
As wind and solar become ubiquitous, the value of hydropower goes up. Hydropower is becoming the ultimate clean energy, as it is flexible and easily dispatchable. Hydropower is concentrated in certain geographies (China, Brazil, Canada) and is almost entirely developed by State-Owned Utilities...
Published 09/09/24