Carbon Credits

“So, we are taking fire-killed trees. So, these are trees that have been impacted by the bad fire, not the good fire. They're totally dead. They're a fuel risk. And they're, wow, there's a lot of acres of them. We're burying them, and that stores the carbon tha…”

“Because of what I just described about mass events and the difficulty in collection, and the, it was highly undervalued because things are, in the forestry space, are a commodity, and being able to take and apply that resource with the seed zones and then bein…”

“We sold out our first project with what are called anti-credits, or credits that take carbon in the and how much carbon they will capture in the future into account and then our subsequent projects what was the buyer feedback? What's the customer feedback? Lik…”

“Even if I wanted to, like, we wouldn't have the customer adoption to pay for those credits if it could have gone to a mill or it could have gone to an energy facility or something along those lines.”

“So if you look at the offset programs, if you look at the analysis we did, so Michelin Danone, a lot of the companies that are claiming carbon credits are claiming it on the basis of the trees that they have bought the offsets from, the carbon credits from.”

“Good reforestation costs north of 50 dollars a ton, and if your system is set up to tell people that 12 dollars a ton is good, then no one's gonna buy that if you make the 12 dollars a ton thing look the same.”

“We would say of the credits on the market the minority have like a strong environmental integrity. So you'd maybe say around, well actually less than a quarter, we would rate in our top three grades. And now you would have very, very high degree of confidence …”

“In fact, at the beginning, when we first did our first kind of plot of the market price versus the rating, they were inversely correlated. So it's basically like the better the credit, the cheaper it was.”

“The system's going to be designed in such a way that in order to participate, to operate a node, you need to demonstrate that you've acquired, you've bought a certain number of carbon credits from a legitimate company”

“So those are still areas that we don't have all of the data that we would require in order to know those things in order to create you know, verified credits, and so that's why those haven't, those aren't you know, those processes aren't in place yet.”

“The actual challenge is A very limited supply of high quality carbon credits or carbon removals and a huge supply of really low quality, really bad carbon credits or offsets. That is the actual problem, and Web three is not really a solution to that.”

“I think what's really gonna drive some of the carbon markets in the near term are a lot of the companies that are actually interested in buying credits, and when they do that, they want to see, I think they're increasingly going to want to see some level of pe…”

“Many of the, what we could refer to as low durability, low end credits today, whether it's something like improved forest management or otherwise, it's not that they're low durability, they actually just don't exist. Right? So, like, you have this weird thing …”

“One of our managers is making good money by trading carbon credits, so that's a really interesting area.”

“Well, I think the main message is that carbon credits will transform farming.”

“Our current customer base can capture approximately one million tons of carbon annually. And this is for thirty million dollars. And this is just our current customer base.”

“While we simultaneously help do our part to save the world, you know, we believe passionately there can be a 40% reduction in greenhouse gas through our model, so much so that we're on the precipice of being able to launch actual carbon credits to our customer…”

“In the US there are less than 50 projects that got certification for carbon credits, and in South America there's less.”

“Today, you know, prices, prices of carbon credits range between five and 20 dollars.”

“We're trying to make it a digital asset in which you can trace digitally everything from how a credit was issued, how it was calculated, how it's monitored, and how it's traded.”