The end of the year saw some excitement in the voluntary carbon offsets market: A cryptocurrency backed by offsets soared to over $3,700 per ton, an amazing feat for offsets which were previously trading at about $1 per ton.
How did this happen?
What are its potential implications?
What are the opportunities for blockchain in climate change going forward?
Since many people have asked me about this, I put together a new chapter on blockchain and defi, looking at it from my backgrounds in web3 and as a fund manager.
Several people have made suggestions and contributions that went into this chapter. This is exactly why I made this book on climate investing an open source project. I’d like to invite everyone reading this to look through it and give me your feedback, so that it’s accurate and fair in its facts and analysis.