Latest / Catalyst with Shayle Kann
Fixing the messy voluntary carbon market
The voluntary carbon market is a mess. Oil majors, big tech, and many other industries purchase voluntary credits hoping to offset their carbon emissions. But years of reporting have revealed major problems in the industry, from worthless credits to outright fraud. Amid allegations that many of its credits might actually worsen global warming, the CEO of the largest issuer of credits, Verra, resigned last year.
And so perhaps it’s no surprise that the market for traditional offsets like renewable energy credits and avoidance credits shrank in recent years. Yet the market for a newer type of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.