Some analysts have made predictions that the carbon industry may be one of the biggest business opportunities of this decade.
How Carbon Credits Are Turning Into A Multi Billion Dollar Industry.
Some analysts have made predictions that the carbon industry may be one of the biggest business opportunities of this decade.
What you may not understand about carbon credits is that they are not just a way to protect the environment or a tree hugger’s dream. Carbon offsets are a financial asset as well that can be held on a corporation’s balance sheet. And these carbon offsets help to mitigate potential carbon taxes that governments will soon apply in the future.
1. Carbon Taxes Will Soon Apply
Because much of the world is coalescing around a common goal of protecting the environment, and due to the Paris Climate Accord and the common objective for corporations and governments to reach Net-Zero carbon emissions, there is soon to be a MASSIVE demand for carbon credits.
Many industries like mining, oil and gas, tech, manufacturing and others have massive carbon footprints. ALL of these companies in most countries around the world within the next 5-10 years will be required to offset their carbon footprint and reduce their emissions.
2. Net-Zero Carbon Emissions
Some analysts have made predictions that the carbon industry may become bigger than many other industries and be one of the biggest business opportunities of this decade. When calculating the sheer demand of corporations’ carbon footprint around the world, it’s easy to surpass not only billions of dollars, but also reach the trillions in market cap.
Everyone will need them AND the market is lacking the supply to produce as much as is needed. To date, there have been smaller producers of these carbon credits and there isn’t yet the scale of production in carbon sequestering projects to match the demand. That creates a higher price in the overall markets.
3. Biggest Opportunity Of This Decade
For some industries, they cannot reduce their carbon emissions all the way to zero, so the only way for them to get to net zero is through the purchase of carbon credits. Hence, a huge opportunity lies in store for producers and buyers of carbon credits.
4. Purchase Carbon Credits
For some industries, they cannot reduce their carbon emissions all the way to zero, so the only way for them to get to net zero is through the purchase of carbon credits. Hence, a huge opportunity lies in store for producers and buyers of carbon credits.
