44 min
S3E7: Do compliance markets work? If so, how much?—w/ Mike Azlen, CEO of Carbon Cap Management LLP Reversing Climate Change
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- Technology
We have talked at length on previous episodes about the flaws in compliance markets. And the team at Nori obviously believes in voluntary carbon markets, as we’re building one ourselves.
But there’s a wide range of quality among voluntary markets, and the space is 1,000 times smaller than the compliance programs in progress around the world.
So, have cap-and-trade markets contributed to a meaningful reduction in emissions in spite of their flaws? And are compliance markets the only way to address carbon emissions at scale?
Michael Azlen is the Founder and CEO of Cabon Cap Management LLP and Co-Portfolio Manager of the World Carbon Fund. On this episode of Reversing Climate Change, Michael joins Ross and guest cohost Aldyen Donnelly to explain how he got interested in carbon as an asset class and share his take on the benefits of compliance markets.
Aldyen offers insight on the two compliance market models, describing the problems associated with programs modeled after the SO2 Allowance Market—and why she prefers the framework of the Montreal Protocol.
Listen in to understand how Michael thinks about regulating voluntary carbon markets and why he is optimistic about the global growth in compliance markets despite their imperfections.
Connect with Nori
Purchase Nori Carbon Removals
Nori's website
Nori on Twitter
Check out our other podcast, Carbon Removal Newsroom
Resources
Carbon Cap Management
Climate-Crypto, COP26, and Carbon Accounting Rules on Reversing Climate Change S3EP1
Michael’s Paper on Carbon as an Emerging Asset Class
World Carbon Fund
The US Acid Rain SO2 Allowance Market
The Montreal Protocol
EU Emissions Trading System
Fit for 55
Kyoto Protocol
Clean Air Interstate Rule
Cross-State Air Pollution Rule
The Regional Greenhouse Gas Initiative
California’s Cap-and-Trade Program
California Scoping Plan Documents
UK Emissions Trading Scheme
---
Send in a voice message: https://podcasters.spotify.com/pod/show/reversingclimatechange/message
Support this podcast: https://podcasters.spotify.com/pod/show/reversingclimatechange/support
We have talked at length on previous episodes about the flaws in compliance markets. And the team at Nori obviously believes in voluntary carbon markets, as we’re building one ourselves.
But there’s a wide range of quality among voluntary markets, and the space is 1,000 times smaller than the compliance programs in progress around the world.
So, have cap-and-trade markets contributed to a meaningful reduction in emissions in spite of their flaws? And are compliance markets the only way to address carbon emissions at scale?
Michael Azlen is the Founder and CEO of Cabon Cap Management LLP and Co-Portfolio Manager of the World Carbon Fund. On this episode of Reversing Climate Change, Michael joins Ross and guest cohost Aldyen Donnelly to explain how he got interested in carbon as an asset class and share his take on the benefits of compliance markets.
Aldyen offers insight on the two compliance market models, describing the problems associated with programs modeled after the SO2 Allowance Market—and why she prefers the framework of the Montreal Protocol.
Listen in to understand how Michael thinks about regulating voluntary carbon markets and why he is optimistic about the global growth in compliance markets despite their imperfections.
Connect with Nori
Purchase Nori Carbon Removals
Nori's website
Nori on Twitter
Check out our other podcast, Carbon Removal Newsroom
Resources
Carbon Cap Management
Climate-Crypto, COP26, and Carbon Accounting Rules on Reversing Climate Change S3EP1
Michael’s Paper on Carbon as an Emerging Asset Class
World Carbon Fund
The US Acid Rain SO2 Allowance Market
The Montreal Protocol
EU Emissions Trading System
Fit for 55
Kyoto Protocol
Clean Air Interstate Rule
Cross-State Air Pollution Rule
The Regional Greenhouse Gas Initiative
California’s Cap-and-Trade Program
California Scoping Plan Documents
UK Emissions Trading Scheme
---
Send in a voice message: https://podcasters.spotify.com/pod/show/reversingclimatechange/message
Support this podcast: https://podcasters.spotify.com/pod/show/reversingclimatechange/support
44 min