Carbonware

Carbonware

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Carbon credit sales are booming: It’s time to calibrate, not celebrate
The market for voluntary carbon credits is growing faster than ever due to corporate climate commitments; what’s troubling is how it’s growing and what…
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Ed Smith
1
The bigger short: Carbon
The carbon position we hold is one of the biggest financial bets we’re making, and we don’t even realize it
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John Mulliken
3
The Mr. Burns Test for climate tech startups isn’t dead; it’s evolving
Climate tech startups working to “unf**k the planet” need a nuanced perspective on how they will succeed until — and when — governments act
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Ed Smith
1
There's highly correlated risk in ClimateTech funds, and only one thing to do about it
The world (and LPs) need optimistic VCs, but they’ll have to do their part to make climate-focused funds pay off... and the place to do that work is in…
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John Mulliken
The trouble with carbon credits and counterfactuals
Why the “additionality” of some carbon offsets is putting the entire carbon market at risk, and what we can do about it
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Ed Smith
10
Direct Disruption: Carbon Direct is quietly leading the market rally for quality
Their move to "build a platform" has the potential to disrupt the carbon market in positive, exciting ways
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Ed Smith
1
No quick fix: today’s cheap carbon offsets won’t achieve tomorrow’s climate commitments
The misleading carbon pricing baked into many corporate climate commitments will be tested soon; that’s good for corporate capital allocation decisions…
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Ed Smith
2
Carbon Stuff - ESG v1 & v2 vs. the emerging Long/Short strategies
A letter I wrote to Matt Levine: Why the world of “more active bets” on the energy transition is happening fast
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John Mulliken
3
Where’s all the long carbon?
If the Bigger Short implies that everyone is short carbon emissions, where are we going to find the long emissions to cover that position?
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John Mulliken
The carbon tax is dead… long live carbon scarcity! What’s an entrepreneur to do?
In a week of horrifying weather images and carbon market evolutions, I suggest we should keep our eyes on where private investment is moving
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John Mulliken
Greta & Larry are Right, We Don’t Have a Plan (but get ready, we will)
A strong policy response is inevitable, predictable and necessary - so get a plan, start running your plan, and engage governments to regulate sooner…
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John Mulliken
What is Carbonware?
“What if we succeed?” Advice and investments for a world where greenhouse gasses are increasingly scarce
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John Mulliken
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