Why Tracking Carbon Emissions Is Suddenly A Billion Dollar Opportunity
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- čas přidán 13. 09. 2021
- As extreme weather events roiled communities around the world this summer, businesses and governments are feeling more pressure than ever to respond to climate change.
Tracking emissions has historically been difficult, because the methods for tracking a company’s carbon footprint are all over the place. In the U.S., corporate sustainability reporting remains unstandardized and largely voluntary. But the landscape looks better in Europe, as a recently adopted proposal is set to expand the number of companies that must produce sustainability reports. That measure will also require more detailed and standardized disclosures and impose mandatory audits.
That’s where companies like Plan A and Planetly come in. These Berlin-based startups make software that helps companies monitor, report and reduce their carbon emissions, and the market for their services is booming. Meanwhile, apps like Klima, which help individuals offset their own personal emissions, are also growing rapidly.
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Why Tracking Carbon Emissions Is Suddenly A Billion Dollar Opportunity
British petroleum is tracking their “emissions” 🙃
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But do you know that Bitcoin is the future, investing in it, for me I think its the best advice for any individual.
Yeah that's why most of us are invested in the world changing cryptos and just chilling. Eventually all this craziness will be over and only the real ones will stand.
Most crypto assets are in the growth phase and would get obliterated in a crash.
There is no need to fear: The cryptocurrency market in 2021 is much different than the market of 2017.
As a engineer that works for one of the largest diesel engine companies in US, I know by first hand knowledge that we have many goals for water use and emissions mitigation.
I do wish more of what you do is talked about. People seem to think we haven't done anything regarding emissions or pollution overall.
@@weirdshibainu yeah, in manufacturing you use a lot of water and produce a lot of emissions. These are mitigated with recycling and filtering. Also, we upgraded our heat exchangers to generate some electricity instead of just expelling it.
@@Solid_Snake88 no it won't
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@@Solid_Snake88 No to both. We disagree. See you in 10 years to see who's right.
If I buy $2500 worth of carbon offsets, how much carbon emissions does that produce and how many fake Dolce and Gabbana handbags will I need to donate to charity auctions so that I can sleep comfortably in my real mink coat while I club baby seals in my dreams?
Just to make you feel good right now.
Governments: You need to reduce carbon emissions
Corporations: How about instead of reducing carbon emissions, we fund carbon reducing projects like planting trees, then we can have an economy based on carbon emissions. Then if there's a company that naturally doesn't create carbon emissions and never has we can buy their negative carbon emissions (that was always that way), and combined with our carbon emissions the math works out and we reduced emissions!
Governments: That sounds logical... sure.
It's the end of the world as we know it... and I feel fine...
HA, writing a thesis this is an amazing comment.
that's intersting
Good information
Where is planetina when you need her?
Free farts for everybody !!
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@@lindseyowen9421 I like only my farts hehe
@Support Group: I prefer not to support international terrorism.
So it's a billion dollar business. Makes sense. It's about money and control.
Nice video trends!!! Very engaging from beginning to end. Thanks there for this information.
Nevertheless business and Investment are the easiest way to create money and live the comfortable life you've thought of. Now!! I'm at the conclusion to start my own company with $900k next mnth.
Push on man.. right decision 💪
Hello!!
My name is Teresa, I'm 25 year old Portuguese and still living in Portugal. At the moment I'm studying more than working, I don't have much money to invest but I'll try start this month. I want to be financially independent at least 30.
Yeah! Investments are stepping stone to success. I remember quiting gambling the channeling all my salary in buying of Gold, Bitcoin and Tesla stock with $500k I won from lottery betting back in 2017. For now I'm okay with the $30,000 profit I earn every month from bitcoin investment than being a crazy CEO that earns half of my dividend.
@Pretty England everybody need more than their salary to gain financial freedom. The best is investing the little rightly...
I'm 16 and did invest in ADA and Doge coin, hope it'd rise to $50k before I turn 20 three yrs from now. I've a 2013 model I know it's old but at least it's a Tesla I pay $500 per month for it🤐.
Nice video but it's mostly a scam
Please elaborate I’m interested to hear why you think this way. Does it not make sense to gain more accurate insight as to what is actually happening?
Counting what loan borrowers produce or users of a product produce together with suppliers and transportation muddies the whole thing to where it's largely pointless IMHO
Thanos is right all along…
So another words World War 3 is around the corner
We need a way to attach the data about carbon footprint to a product, so that no matter where the product goes, the data goes with it. Then make products that have accurate data more expensive to add incentives. You could even extend this to conflict materials like cobalt and bad working conditions like rubber. I want to be able to know how much carbon, water, human labor, everything, that goes into an individual box of Mac & Cheese.
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yeah it should like nutrition information on food.
Sure, then when you've almost used up your credits but fall ill with cancer the global carbon governance board can offer condolences to your family since it would have gone over your limit to save you. RIP
E-liability carbon accounting does this
Unless all products and services are created and delivered in exactly the same fashion, these measurements would only provide a general perspective. Obtaining reasonably trusted data would mean standardizing and normalizing data collection and aggregation across many sources. Certainly a challenge but it’s doable.
gigaton, mega ton, metric ton, us ton, tonne....i'm all kinds of confused
I wish everyone successful in his life.
Oh so good 😍😃.
Why not everyone thinks like your....
I feel very good when I read positive.
You’ll be successful too!
I wish you a good life as well
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First words should've been "As a result of human-induced climate change"
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What on earth is making that smoke coming out the stack @1:20
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"yes, let me know what is inside ur companies ..."
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All of this data management is meaningless unless the source of the carbon emissions is accurately recorded. I'm not talking about some guy entering information into a database. I'm talking actual instrumentation precisely recording and logging in real time how much CO2 gas is leaving a particular facility.
So my question is...how are these companies actually measuring the volume of CO2 gas going into the air?
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XPRISE CARBON CAPTURE
The heat loss from a smokestack can be forced into a large tank containing hot liquid microcrystalline petroleum wax. The heat will keep the wax at a molten state which facilitate the carbon to be absorbed when combined with the wax. Carbon when mixed with wax reacts like a dye. The wax-carbon amalgamation result in a black wax solution thereby making it impossible for the carbon to escape into the environment. Other toxic particles are also captured in the wax settling at the bottom of the wax holding tank forming into a sludge. A sludge release valve is located at the bottom of the tank. After the sludge is removed more wax is replaced in the vessel working something like a toilet. The sludge becomes a byproduct that can be used as an additive to asphalt for roads or used for cocooning nuclear waste materials for long-term safe burial. The entropy of the Earth has been increasing at a startling rate since the beginning of the industrial revolution caused mainly by the carbon that is released into the atmosphere. Government scientists have failed to stop and prevent carbon pollution from entering the environment. This problem can only worsen until a solution is found before this problem becomes irreversible. It has been discovered that formulated wax has been shown to be the only answer to this problem. William Nelson
Couldn’t agree more. Transparency and showback begins with standardization of these data sets at least on some level. The Climate Trace project aims to do this from an objective point of view. Trusted observability is going to be the challenge and this will require effective collaboration between public and private sectors.
If you have invoices showing the exact amount of energy being used (natural gas or electric power for example), then you can accurately measure exactly how much emissions were produced.
@@fma891 Looking at an invoice may give you an overall view of energy used but some of that energy may not have contributed to producing CO2...therefore the invoice has no quantitative benefit for actual value measurement. It requires gas sampling equipment and mass flow sensors installed directly in the exhaust piping network then recording, analyzing, and logging the data in real time.
no company that is anti right to repair can ever bee net zero. Apple and Ford have both spent milions on lobbying against right to repair
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They can if they get to decide what means to be net zero.
@@coolbuddyshivam true
@@Ettap96 currently, scope 3 emissions don't include material inputs: only energy. So ya their business model is safe for now. fill them landfills with e waste, baby
@@rdyjurare these inputs accounted for at the source layer? (i.e. mining co’s, textiles, etc.)
I’m so grateful and blessed cos all my bills had been cleared and I can live a happy now .. Thanks you for all you have done
Nice video.
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More like "How Businesses are Using Clever Accounting to Appear Green."
could the carbon burned by oil and gas is considered the low emission energy? because it has lower emission compared to burning the woods.
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Do the data captured in these tools reconcile with the output data from the oil, gas, and coal producers? As a reality check, it should not be difficult to compare the energy export and import data across country boarder, and against the data from energy consumption at the country and corporate level. Then we could have a better idea on how much data are unaccounted for.
Not just oil, gas, coal - you'll need to add photovoltaic panel and lithium battery manufacturers. Don't forget that coal is required to charge those EVs when the sun isn't shining. Perhaps a return to horse & buggy with a manure collection system to recycle as fertilizer or bicycles for short jaunts.
Nevermind the children, elderly and disabled who cannot walk or ride for long (or at all).
It's for the planet.
I believe that’s where independent monitoring projects like Climate Trace can gain more accurate insight and validation.
What about chemtrailing they are doing it almost Dailey that carbon footprint makes all others seem puny. What gives them the right to spray humanity
Could you please share sources... cnbc
why? because making climate change with carbon emission was a billion dollar investment by companies
We give real estate service in and around Bangalore, silicon city of India.just 50 kms from city centre.@ 15 lakhs per acre(20000 US dollar per acre)this land can be utilised for any type of green based activities.going very reasonable price.Thank you.
DOVU (DOV coin) is leading the way in tracking carbon credits using distributed ledger technology. Going to be huge in the next few years.
You're trying to decrease emissions, I'm going to increase emissions and make a lot of money, committed to saving money and economic benefits. Warming for me is just a three or five degrees increase in temperature, no direct impact So I chose cheaper products I sneer at environmentally friendly expensive products I'm even happy to see other countries being severely affected because it means they're going down. The value of taiwan is relatively high even without promotion
are u a bot or is that comment for real lol
@@rdyjur Seriously, the whole world is selfish, capitalism has money is justice, no one wants to be a slave. Cheaper products mean lower carbon emissions. Buying cheap goods saves time and money, and time can earn more value
@@user-mvyWHEiBOOvh6zSv2sdKCAE7U that's wild, but i cant totally fault your logic there...
Interesting that Planetly shut down only a year after this video was released
They got acquired bud chill
@@toast_dev they completely completely shut down in November 2022, laying off all 200 employees
Carbon offsets. Biggest greenwashing scam of our time
whats your beef with them ? I agree they aren't all created equal, or are u saying they're all terrible ? ie using something that emits zero carbon, which is x amount less than a fossil fuel baseline, do u think it's just always going to be a scam to give people credit for that ?
Lets be honest. The US will never do this.
The authors should have included Palantier Technologies as a KPI data aggregator.
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Agreed I thought the same about their business model but I’m not sure they have ventured into the environmental space.
West bengal emissions
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The CEO of 'Plan A' company is HOT!!! 🤯
So there is a company that is going to take other company emissions data and tell them what their impact is and how they can improve it. Does that company doing the assessment have an A+ rating on sustainably? I would want to see their report card before they judge others…hypocrites
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Yes I feel the same way about those with EVs lecturing everyone else on coal while they plug their car into an outlet powered by... coal.
All of the major Forest fires in the last 20 years were due to not cleaning up the dried ded wood this poor forest management all the flooding is due to the reclaiming of marsh land and or the sea and not doing enough to keep the water from backing up or braking through the flood enhancements. Holland land mass is mostly under the sea level and they don't get flooded, most of Tokyo japan is all reclaimed land from the sea as well and they don't have flooding issue. Even with all the forest fires the earth has greened by 20% due to higher CO2 levels that the equivalent of the contental USA anyone anti CO2 are anti human if the CO2 levels drop below 150 ppm we are all dead
Vechain is the answer.
vechain will track emissions
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Won't do a damn thing but if it helps people sleep a little easier.
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People always find how start new companies; capitalism at its best.
hahha, net-zero carbon means the popularity of nuclear power. You like it?
Yes. I do
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I dont these will help if Bolivia and Other amazon based countries allow deforestation to continue.
CO2 is not a pollutant, it helps plants grow.
If carbon tax is efficiently imposed only then world will invest more in carbon free technology otherwise we all will suffer and many will lose lot of diversity from our ecosystem which we can't replace ,they will be gone .
"The number of companies with net-zero emissions targets exploded amidst the pandemic." DUH It's the pandemic.
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#Capitalism. Create a problem. Then provide a solution / tax. Love it!
The human kind was the problem, we are trying to mitigate/fix that :)
Vechain will solve this
Developed countries have done so much to reduce emissions. The onus is definitely on the developing countries now.
Developed countries are also the ones who produce the vast majority of emissions and have the finances and resources to do more (and typically don’t). None of that is the case for developing countries. So no, the onus is not on developing countries now. It’s still very firmly on developed countries to reduce even more.
easy money
Vechain is just getting started
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Big Brother is watching your emissions
I dont have any distractions
Omg
Coal, oil, gas! Drill baby drill 😃
Really!? Lol
Ꮹ
Nj.
Tracking carbon emissions is useless unless you translate that number into executive's jail time.
@CNBC: Apparently, the narrator of this video has a voice that is so high-pitched, making it sound quite nasally, that it is not particularly easy to understand, making watching this video & following along to be closer to pointless than it should be. Continuing to retain this person as the narrator may not be a terrible idea, though; it would, definitively, certainly be a good idea to do something to the audio to make it easier to understand. And there is also the possibility that something else, other than the narrator's voice, in the audio is causing this distortion that makes the narrator's voice sound this way.
So that's how Russia became the sole importer of feul to Europe. Great job guys, enjoy your winter.
Only way any of this works is if you place import duties or taxes on other countries for their carbon emissions on the prodicts you consume, like you would your home country. All that is happening is that western countries are burdening their citizens with extra taxes and regulation. While at the same time becoming more dependant on those that don't care about the issue.
Also let's be honest about batteries and solar pannels aswell. These aren't zero emmission products and require alot to produce and or charge after, let alone shelf life and disposal.
Also nuclear has been demonized.
These people are so eager to pat themselves on the back that they aren't actually coming up with solutions that mater. But good job.... keep "earning your money for the social good" 🙄
Those windmills slaughter birds by the thousands.
Birds aren't dumb enough to fly into windmills and if that was the case the Dutch would be living quite a different life because the country is being sustained by windmills
@@rtyertrt7876 1,000 birds a day in the US die due to windmills. Including 80 golden eagles a year. And the feds do not punish the companies. If you or I killed a protected bird, we would face fines up to $10,000 per bird.
Laughs in China
This is hilarious. Spending money on more non revenue generating operations is what raises the cost of living for everyone.
how shortsighted
@@letrat7021 is it though?
This actually will make financial sense. Companies and governments are starting to and will increase focus on sustainability so if you are unable to report you can’t sell your product or services
@@user-fp4zn9yj8n In theory it’s great. In reality I see a lot of government bribes and lobbying to create barriers to entry for competitors. Overall driving up costs for goods and services. California is a perfect example. Fewer regulations and unregulated free markets are what can actually solve *most but not all* societal problems.
Fair point, although have you considered other tangible and intangible costs - externalities contributing to higher costs of waste management, filtration, cleanup, cancer causing agents increasing costs of healthcare, etc.
Boring. Climate change blah blah lol 😆
This is stupid. Just tax the cost of capturing the CO2 that is produced for each product. For example if 1 liter of gas produces 1 square meter of CO2 tax what it cost to remove that CO2, same with plastic and any emitting inputs.
Those taxes aren’t going to be doing anything except lining up politicians pockets
The whole point is that its currently impossible to measure how much CO2 each product produces. It's also impossible to offset all the carbon we produce, because direct air capture isn't affordable yet. You would basically have to turn the entire Sahara into a rainforest or fill the whole ocean with algae.
1 liter of fule is going to produce a different amount of co2 depending on where it is used
@@livefromhollywood194 it’s $300/ton for direct capture. And you can tax raw coal, extracted natural gas and crude oil for the base tax
@@Ettap96 not at the source, natural gas, coal, and crude oil are pretty much all you have to tax. Just calculate how much CO2 is emitted by burning each of those three and tax those, let the real trickle down economy do it’s thing
Its a SCAM
What a load of crap.
i hate all of this, all the pollution comes from agriculture and freight, not me and you
Scam of the century
How so?
Easy answer: virtue signaling. I just saved you 12 minutes.
I wish i read this comment before watching
A map to show where it is and shows which is the Most harmful , with this public will surely notice
you say it like it's a bad thing
It's easy to be cynical, but the first step toward tackling a problem is understanding it. Large companies interact with hundreds, if not thousands of partners across their supply chain. Assessing the effectiveness of their renewable efforts becomes extremely difficult at that scale.
See how to automate sustainability reporting - energyelephant.com/
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