Technologies to reduce emissions are not yet available widely enough
Through our media partner Battery Commodity, we came across a very interesting company in the environmental/sustainability sector. Base Carbon (NEO:BCBN) finances projects to reduce greenhouse gases and thus generates high-quality emission rights for the global voluntary carbon markets.
Base Carbon points out that 136 countries, which are responsible for 83% of global carbon emissions, have already set themselves the goal of becoming carbon neutral in the coming decades. In addition, according to Base Carbon, 63% of Fortune Global 500 companies have set themselves the goal of reducing emissions by 2050 (+12% compared to the previous year), with many companies even setting their sights on the more ambitious 2030 target.
But, Base Carbon continues, the technologies to reduce emissions are not yet sufficiently available to meet these targets. Here, the carbon markets would enable the economy to meet its net zero pledge now by financing projects that offset its current CO2 emissions. And here Base Carbon comes in.
More details on exactly how Base Carbon proceeds and how the company intends to earn money with this business model can be found in Battery Commodity’s interview with Base Carbon CEO Michael Costa:
Battery Commodity-Interview Base Carbon; Source Battery Commodity
Disclaimer: The contents of www.goldinvest.de and all other information platforms used by GOLDINVEST Consulting GmbH are intended solely for the information of readers and do not constitute any kind of call to action. Neither explicitly nor implicitly are they to be understood as a guarantee of any price developments. Furthermore, they are in no way a substitute for individual expert investment advice, but rather represent advertising/journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities involves high risks that can lead to the total loss of the capital invested. GOLDINVEST Consulting GmbH and its authors expressly exclude any liability for financial losses or the guarantee that the content of the articles offered here is up-to-date, correct, appropriate and complete. Please also note our terms of use.
In accordance with §34 WpHG, we would like to point out that partners, authors and/or employees of GOLDINVEST Consulting GmbH may hold shares in some of the companies mentioned and therefore a conflict of interest may exist. Furthermore, we cannot rule out the possibility that other stock market letters, media or research companies may discuss the stocks we discuss during the same period. Therefore, there may be a symmetrical generation of information and opinions during this period. Furthermore, a consultancy or other service contract may exist between the companies mentioned and GOLDINVEST Consulting GmbH, either directly or indirectly, which also gives rise to a conflict of interest. In this case, GOLDINVEST Consulting GmbH is remunerated for reporting on the company mentioned.
