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US-based Carbon Direct invests €15M ($17 7M) for 7% stake in Calix s LEILAC business
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7 things to know about carbon removal markets
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The startup helping P&G, Mercedes-Benz replace petrochemicals
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The $100 Billion Market for Carbon Offsets Is Struggling to Be Born
Jess Shankleman and Akshat Rathi, Bloomberg News The overall concept is simple but itâs not easy to turn a ton of removed carbon into a tradable commodity like a ton of corn or copper. Photographer: Sarah Pabst/Bloomberg , Bloomberg
(Bloomberg) Global warming is the world s biggest market failure, so the solution might just be better trading. On one side of the trade would be the companies clogging the atmosphere with heat-trapping gases; on the other countless projects to eliminate the problem by planting trees or building machines that capture carbon dioxide. Create a market that turns a ton of removed carbon into a commodity just like corn or copper, and money will flow from the emitters to the fixers.