Six Years, Nowhere

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By Bay St. Clair, Associate, Entoro Capital, LLC In 2018 the voluntary carbon market transacted 98.4 million tonnes for $295.7 million. In 2024 it transacted...

Nobody Traded Mortgages Either

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By Thomas Fugelsang, Managing Director, Entoro Capital, LLC The voluntary carbon market has spent a decade trying to make the credit better. A project can...

Same Flight, Lower Bill, Better Kit

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By Thomas Fugelsang, Managing Director, Entoro Capital, LLC In an earlier piece in this series, we laid out the arithmetic problem sitting inside Scope 3:...

Getting Paid Before the Buyer Shows Up

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By Thomas Fugelsang, Managing Director, Entoro Capital, LLC A good carbon project can still be a bad financing proposition. The developer spends first, verifies later...

Nobody Underwrote the Carbon Market

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By Thomas Fugelsang, Managing Director, Entoro Capital, LLC When a house changes hands, a title insurer stands behind the deed. When a trade settles on...