Climate Technology

The market for carbon offsets is growing exponentially but remains filled with dodgy projects that do little for the environment. Sceptics say it’s time to do away with the voluntary carbon markets altogether and take real action through carbon taxes and emissions caps. But by focusing on the imperfections of carbon offsets, they are dismissing a viable approach to climate action that should be used alongside a broader transition towards lower carbon emissions. Read more to find out why carbon credits shouldn’t be dismissed just yet and how technology is improving the integrity of the carbon market.

Politicians and billionaires are advocating geoengineering approaches as quick fixes on challenges of climate, biodiversity and environment. Many of these technologies are too dangerous to be deployed or even experimented with in the real world.

Debates revolving around the high cost and economic viability of CCUS technology, as well as what critics call “a false solution”, have been around for years. Does CCUS deserve the bad name though? And is its potential worth the wait?

The Covid-19 pandemic has spurred radical measures worldwide to stem the spread of the virus, and specialists from different fields have taken up the challenge, working together to solve common problems using new technologies such as Artificial Intelligence (AI). This momentum is a beacon of hope for the fight against climate change.