What Is Natural Capital?
By Bay St. Clair, Associate, Entoro Capital, LLC
More than half of global economic output depends on something that rarely appears on a balance sheet:...
Nobody Traded Mortgages Either
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...
Six Years, Nowhere
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...
Same Flight, Lower Bill, Better Kit
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:...
The Great Scope 3 Overcharge
By Thomas Fugelsang, Managing Director, Entoro Capital, LLC
Mark Twain once wrote that whenever you find yourself on the side of the majority, it's time...


