S3E10 | Rebellion Energy Solutions

A carbon market is a specialized type of financial market. Carbon markets facilitate the purchase and sale of carbon credits. Carbon credits are essentially permits that allow the purchaser to emit a certain amount of carbon dioxide or other greenhouse gases. Some carbon markets are run and regulated by governments or international bodies, with certain industries required to participate, while others are entirely voluntary. Carbon markets are a key element of cap-and-trade programs intended to reduce greenhouse gas emissions. In a cap-and-trade program (or an emissions trading system), governments or groups of governments cap emissions at certain levels and assign limits to participants, such as countries or companies. An entity that doesn’t use all of its carbon credits can sell them to one that expects to exceed its limits. We all need a better background on finance in general, but we are excited that we are going to talk to Staci Taruscio from Rebellion Energy Solutions and get an entrepreneur’s perspective on putting together a new type of company to deal with carbon emissions from plugging orphan oil wells, in a new market called a Voluntary Carbon Offset market. Some of the solutions to the energy transition must come from new business models as well as the traditional banks and government regulations. We need both public and market-based private capital solutions in the Future of Energy. Critics argue that Carbon offsets can be controversial, but advocates propose that they can be another market mechanism to address climate challenges. Keep an open mind as we talk to Staci.references:Rebellion Energy Solutions https://rebellionenergy.com/American Carbon Registry https://acrcarbon.org/news/american-carbon-registry-is-now-acr/ Voluntary Carbon Markets https://www.spglobal.com/commodity-insights/en/news-research/blog/energy-transition/061021-voluntary-carbon-markets-pricing-participants-trading-corsia-credits