Orbuch: Legacy carbon registries protected brokers by pretending cheap offsets were real
Ryan Orbuch · Fixing the messy voluntary carbon market · Jan 4, 2024 · at 12:46
Ryan Orbuch (Partner at Lowercarbon Capital) critiques the fundamental structural flaws and misalignment of legacy carbon market registries.
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“The original sin with carbon markets was this bad incentive structure encouraged by registries that weren't aligned around the problem to protect the interests of the sellers and brokers of the credits, to make them look like there are enough credits at low enough prices, that this idea that you can buy your whole footprint with 10 dollar ton offsets is a thing you can do”
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