Carbon Offsets in a Large Corporation

Using forests to offset a company’s carbon emissions has been dismissed as “greenwashing.” But Diego Saez Gil argues that a verifiable and transparent global market in carbon credits is a vital tool to mitigate climate change. In part 2 of their discussion, he joins Azeem Azhar to explore how his company, Pachama, uses technology to connect farmers and ecologists with climate-conscious corporations in an effort to evolve the global carbon marketplace.

They also discuss:

• Why companies need offsets to achieve their climate goals.
• Why carbon offsets should be used only after emission-reducing changes have been maximized.
• How properly calibrated carbon pricing can incentivize climate-conscious economic activity.

@dsaezgil
@azeem
@ExponentialView

Further resources:

• “IKEA: Making a $40 Billion Company Climate Positive” (Exponential View podcast, 2020)
• “The merits of a global carbon offset market” (Financial Times, 2020)
• “Do Carbon Offsets Really Work? It Depends on the Details” (Wired, 2020)
• “The Economics of Biodiversity: The Dasgupta Review” (HM Treasury, UK Government, 2021)