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Lex Kiefhaber, CEO, the founder and co-host of the "Who's Saving The Planet?" podcast, spoke at the Benzinga Cleantech Small Cap Conference on Thursday.
Kiefhaber discussed carbon offsets and why investors should care about the carbon footprint of their portfolios.
Defining Carbon Neutrality: One of the difficult things for investors to understand is what it actually means when a company announces it will go carbon-neutral, Keifhaber said.
He said there are three scopes of carbon footprints for companies.
The first scope is the carbon creation that the companies are directly responsible for by burning fossil fuels or other carbon-positive activities.