You know I love my carbon credits!
I first wrote to GRIT investors about this asset class back in June 2021. Since then, the demand for (and price of) offsets has done nothing but increase.
Now nearly a dozen startups are planning to list on Canadian exchanges to raise funds to finance carbon-credit purchases or invest in ventures that generate credits.
Innovations to reduce carbon emissions are necessarily bold so investments in these technologies are risky by nature—sometimes too risky for banks and mainstream investors.
Credits were designed to fund these risky projects.
GRIT’S TAKE: How these startups generate credits varies wildly, from smoke-reducing cookstoves to growing new forests for greenhouse gas storage to literally injecting carbon emissions straight into concrete!
GRIT’S ACTION: Grit is launching a GritCarbon newsletter soon, stay tuned!