Thread by @elleprovocateur

Feb 25 2021: "An expected dash by big corporations for #offsets to meet their climate targets has prompted financial exchanges to launch #carbon #futures contracts to capitalise on what could be a multi-billion dollar market."

#NetZero #EmergingMarkets

thetelegram.com/business/reute…

"...their market is expected to grow to as much as $50 billion by 2030. Among the major corporations that say they expect to use them to compensate for any #emissions they cannot cut from their operations & products are #Unilever, EasyJet, Royal Dutch #Shell & #BP."

"The Institute for International Finance's Taskforce on Scaling Voluntary Carbon Markets, launched by U.N.’s Special Envoy for Climate Action Mark Carney" aspires to "create a multi-billion dollar offset market in the coming months."

cnbc.com/2021/01/26/win…

"The group aims to build a voluntary carbon market to enable corporations to reach #netzero emissions, & has suggested that this will need to scale at least 15 times, & potentially 160 times, its current level."

#NetZero has never meant #ZeroEmissions

Note the panel. Nicole Schwab as moderator (daughter of Klaus Schwab), #naturebasedsolutions, 1TDOTorg, #Gates, #Carney (#ImpactInvesting), Nazareth (regulation), & Bill Winters, chair, Taskforce on Scaling Voluntary #CarbonMarkets.

Here, let's stop & start a new thread.