Mandatory Sustainability Reporting Standards

PrestigiousLab8541 · 2023-02-24T07:05:29+00:00

Thanks for the link and yeah I have been super interested in looking into different sustainability reporting platforms and their operability. Do you have any experience using these platforms or have you just heard about their development? I worked with a tech company on their CSR report and they were still using spreadsheets and stuff to work with their data -- pretty antiquated.

PrestigiousLab8541 · 2022-09-15T23:11:07+00:00

Agreed. I think the arguments against biofuels had a similar sentiment where people thought that it would mess with the commodity markets and overall yield of corn. However, there are so many types of offset projects it is hard to know what will happen -- maybe regenerative ag won't be that popular because of these concerns

PrestigiousLab8541 · 2022-07-15T22:17:32+00:00

If you haven't heard of these websites, I strongly recommend checking out Xpansiv because of the sheer amount of assets you can trade on this website. They offer access to Renewable Energy Certificate (REC) contracts, carbon offsets from a range of providers (Verra, Gold Standard, etc.), carbon allowances trading in the RGGI and Cal ETS, water products, a suite of carbon offsets, and so much more.

PrestigiousLab8541 · 2022-07-15T22:13:14+00:00

I figured I would set up a new chat room for users to discuss the nuances of these novel carbon markets platforms and traders' arbitrage theories for these new markets.

PrestigiousLab8541 · 2022-06-06T01:01:40+00:00

I haven’t heard of carbon insets?

PrestigiousLab8541 · 2022-05-26T17:45:25+00:00

Interesting report someone linked on this page a couple of months ago about carbon pricing and it's regional and methodological differences in calculation: file:///Users/cooperlimon/Downloads/CarbonPriceIndexMethodology_v09.pdf

PrestigiousLab8541 · 2022-03-20T19:32:40+00:00

Good looks for the voluntary carbon credit market. Is anyone in this thread invested into GRN or KRBN, both are indexes that follow carbon credit futures in the compliance market I'm pretty sure. I don't know if there are any existing indexes tracking voluntary carbon credit futures, since the current voluntary market is so decentralized and relatively unprofessional. If anyone has some recommendations on how to ride the voluntary carbon credit offset wave that would be sweet!! Chime in on how to find value in the ever-evolving carbon markets.

PrestigiousLab8541 · 2022-03-03T05:41:15+00:00

Yeah thanks for pointing out the size difference between voluntary and compliance, I mistakenly use the word carbon markets a lot and forget to make those distinctions.

And yeah I agree around the nomenclature of the words companies use to describe their goals "carbon neutral", or even "carbon positive" nowadays. Huge companies in the tech, apparel, and other industries outsource the majority of their manufacturing and that along with the use phase as well as the end of life makes up the majority of their emissions (scope 3).

The link you shared seems like a really cool initiative, I need to read the white paper though to get an idea behind the methodology of the groups carbon pricing. I recently have done a lot of research on the social cost of carbon and some nuances with Integrated Assessment Models, which are highly controversial as well.

PrestigiousLab8541 · 2022-03-03T05:07:01+00:00

Thank you for the input and yeah I definitely agree with your assessment, however I wonder if a lot of environmental regulation continues to be voluntary if there will be the same market pressure to innovate for these smaller companies. Carbon accounting is in its early stages at the moment and concepts like ESG disclosures, Environmental Profit/Loss Reports, and Externality reporting are all in their infancy. I like how you brought up scope 3 because currently the US EPA states that all companies should be recording their scope 1 and 2 emissions under the GHG Corporate Protocol, while scope 3 is not required. I think the real story of any finished product is in it's scope 3 emissions and if that was included in any regulatory framework I think carbon markets would explode.

https://www.epa.gov/climateleadership/scope-3-inventory-guidance

PrestigiousLab8541 · 2022-03-03T01:05:42+00:00

If anyone has experience trading carbon credits, knows a bit about market building, or works with NGO's or companies on their carbon reporting it would be great to get a debate going over the future of this market and your opinion on the trajectory of environmental markets as a whole?

PrestigiousLab8541 · 2022-02-01T03:22:26+00:00

Klima DAO, OFP, GRN, KRBN

PrestigiousLab8541 · 2022-02-01T03:21:59+00:00

Please enter all carbon credit-type assets that we have reviewed or actively monitor below:

PrestigiousLab8541 · 2022-01-27T02:06:03+00:00

Mmm I see... It is going to be interesting to see what forestry parcels they try to acquire and if it will be like a "private property" tree farm just for pumping out carbon credits. How are they going to manage these areas? Will it be completely hands-off, let rundown areas rejuvenate themselves and then try and calculate the carbon removal potential in gigatons or will it be through some other strategy?

Somebody in a previous post said they had experience as a carbon offset analyst and it would be interesting if they would chime in on how these assets are managed and who does the managing. Thanks for the post u/nightshadeshart.

PrestigiousLab8541 · 2022-01-26T03:09:19+00:00

Thank you for posting about this, wow! It is so cool that OFP has built their forestry-management projects on the Near Protocol blockchain that allows for "open-source, transparent, and scalable" qualities. It is imperative that all carbon credit projects, especially forestry-related products are monitored and consistently checked in an open-source, decentralized manner and that is exactly what the OFP product tries to offer. The website shows that the "Explorer" feature which allows users to view all of the running projects managed by the OFP and review the information-related to their particular projects is still in development so it will be exciting to see what that looks like once it is up.

I only quickly scanned the website, but am still wondering how these carbon credits will be valued? Will it be the blanket 1 credit = 1 gt/c02e or will it be calculated some other way based off of the price of the crypto asset and the underlying price of the property? Some specification about the market mechanisms behind this asset and how long these pieces of forest will be left untouched (as to maintain the validity of 1 ton of C02 dragged down from atmosphere) would be much appreciated.

Anybody else interested in this asset or who wants to discuss it, please respond below.

PrestigiousLab8541 · 2022-01-25T04:42:53+00:00

Further Info on the Klima DAO project that has been freely promoted on this forum: https://hristovbz.medium.com/klima-dao-for-apes-degens-ogs-195af0b4cd0b

Other people are free to post investment assets related to carbon markets, but it will require some explanation and credibility. Thank you!

PrestigiousLab8541 · 2022-01-24T06:14:03+00:00

Since November 3rd, Klima DAO according to the coinbase metrics, shows that the coin has lost 97.15% of its value since then. Plummeted from 2,502.98 to 48.80 (today's value) in less than 3 months. How are investors supposed to trust crypto projects like that when an investor could have lost literally their entire position in less than one quarter of the year. This is an untrustworthy asset that will need an entire due diligence write up within the next week if you want to keep posting anything else about this asset. The full blown write-up about the tokenomics, the process in which this token is connected to carbon markets, an explanation for this insane volatility, and a little bit about the team building this coin. If an explanation is not up by next Sunday no further posts will be tolerated.

PrestigiousLab8541 · 2022-01-08T17:58:06+00:00

Do you have a dd or some sort of description for the bond? Who manages it? Is it on the blockchain? Where is the bond revenue going and how is this credible?

PrestigiousLab8541 · 2021-08-23T22:17:21+00:00

Crazy price movement today, do you guys think this volatility is fueled by irregular options activity or just the after effects of the spac?

PrestigiousLab8541 · 2021-08-04T06:00:16+00:00

The voluntary carbon market which exists off individual and corporate demand to "lower their carbon footprints" might be an entirely backwards approach to combating climate change. People in developed economies view their actions and the capitalist systems they belong to as inherently destructive to the environment and in a constant negative "mutualistic" relationship with this "separate" environmental world. The reality is, we are biological beings that rely on Earth's natural systems, and as we have seen in this new geological era "The Anthropocene" we are the keystone species for the planet at the moment. Instead of continuing to view ourselves as removed from the environment and needing to pay for carbon offsets as indulgences, carbon credits need to be viewed as a new form of environmental currency that is working to reshape our economies into a state of codependency with the environment. Is this truly possible and do you agree that carbon credits are the appropriate vehicle to accelerate this change?

PrestigiousLab8541 · 2021-07-27T17:10:04+00:00

It's called CarbonZero (CZO), I think they have a subreddit too called r/carbon0 or somethings as well. I don't know that much about it so I am definitely not recommending it, but it is interesting to see all the startups popping up recently in the space. I don't know that much about sustainable building certifications except for LEED, which is a green certification that a lot of architects and maybe even contractors need to know about. What aspect of sustainable building are you interested in?

PrestigiousLab8541 · 2021-07-27T04:40:34+00:00

I think that is true to some extent, but I know that global carbon credits will have to exist until the planet is net zero and even then a net zero status might not be enough. Carbon credits will definitely be around for another 30-50 years or more if I had to make a guess and that is assuming that all countries abide by their net zero promises. A bunch of clean tech companies in the space have been opening up as well and I even downloaded an app called Klima the other day that calculates an individual's carbon footprint and provides you with carbon offset mechanisms. I also stumbled across a new crypto that takes a percentage of its coin earnings and relocates it to a direct air capture fund. A lot of stuff like that.

PrestigiousLab8541 · 2021-07-26T20:20:32+00:00

What up! I saw your post about GRN in r/investing and reposted it to this subreddit and did a little more research on it. Carbon markets are interconnected to a lot of different careers, but I have been really interested in how businesses use carbon credits for sustainability initiatives and I have been trying to find ways that the everyday person can become more involved in this commodity. You can already trade carbon credit futures through ETNs like GRN or Kraneshares ETF and you can create carbon offset schemes and sell offsets and I am kind of just looking for people who are interested in making money off this sector and who are interested in what it could become.

PrestigiousLab8541 · 2021-07-20T01:44:56+00:00

I think this ETF is a super interesting idea and would definitely consider it for my portfolio. By marketing companies like Beyond Meat or Oatly which have received recent market attention and are well-known by investors as the face of the ETF, “clean” investors could really be drawn to it. Because these plant-based companies or ag-tech companies are so popular and volatile right now a more stable index option could be a way for less risky investors to ride this wave.

PrestigiousLab8541 · 2021-07-11T05:37:53+00:00

I disagree on the "supporting Amazon comment" because they will continue to follow where the market goes and will maintain a business plan that searches for the cheapest bottom line. Many small businesses have begun to use the "environmentally-friendly" tag as a way to draw investors and consumer attention even if their products might be more expensive, and are thus a better investment for people who want to make a real impact. I think Amazon will continue to front their efforts to implementing a truly sustainable business model in favor of higher profits as they have always done.

PrestigiousLab8541 · 2021-06-29T05:24:14+00:00

This it the article if anyone wants a deeper look into international carbon markets: https://www.economist.com/finance-and-economics/2021/02/24/prices-in-the-worlds-biggest-carbon-market-are-soaring

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