Earth911 Podcast: Decarbonizing Business With Climate Vault and Genpact
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Descripción
Learn how businesses can accelerate the decarbonization of their operations and contribute to eventually removing that can help drawdown the more than 1 trillion tons of carbon dioxide emitted by...
mostra másClimate Vault was named a World Changing Idea for 2022 by the business magazine, Fast Company. Jason and Sanjay explain the difference between a carbon allowance and a carbon credit. Carbon allowances let you emit, for example, one ton of CO2 within an overall carbon budget. Genpact's tools track whether the allowance goes unused, so that the resulting savings can be retired or sold. That’s where Climate Vault comes into the picture — they buy carbon allowances and retire them to prevent the emissions, as well as turn that avoided emissions into finding that supports carbon capture and sequestration technology development. In other words, Climate Vault helps companies use one carbon allowance to both retire CO2 and fund the tools that will remove more CO2 in the future. You can learn more about Genpact at https://www.genpact.com and about Climate Vault at https://climatevault.org/
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Autor | Mitch Ratcliffe |
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