The Ledger
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why aren't all 6 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Orbuch: Legacy carbon registries protected brokers by pretending cheap offsets were real
“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 en…”
Orbuch: Legacy registry credits only vaguely corresponded to actual carbon cycles
“You need someone whose job it is, is to figure out the effect of a given thing on the carbon cycle. And we have said that the old registries played this role, and people believe they played that role, and that's what it meant for them to issue a ton. And that'…”
Orbuch: Many low-durability carbon credits represent completely non-existent carbon removals
“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 …”
Orbuch: Legacy carbon markets lied to buyers about scientific uncertainty
“Buyers have been Implicitly comfortable with uncertainty for decades because we'd lied to them that the uncertainty didn't exist.”
Orbuch: Carbon dioxide removal must become a standardized commodity market to scale
“Eventually it needs to get there, I think. It's going to be really bumpy and sloppy on the way. Long-term fullness of time, CDR needs to become a commodity market. I don't think there's a mechanism to scale it otherwise.”