Carbon Markets

Short term transactions, or the spot market, is easier if the carbon credits are issued. It's still very expensive to undertake these forward types of o t c transaction. You're paying up front for a stream of credits that, if everything goes well, you will get. And yun, there's going to be some risk throughout that. There's a huge bottle neck in registries vera particularly, because they don't have common rules and requirements. Even vintages, there's also,. disagreement around that we can take forward and develop tools that should have been developed years ago.