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...

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...

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:...

Getting Paid Before the Buyer Shows Up

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

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...