carbon credits

“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 …”

“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…”

“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.”

“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.”

“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.”

“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.”