November 17, 2021 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues a special edition of the Cleantech and Climate Change Podcast, interviewing Jean-Pierre Colin, President & CEO of Galaxy Power Inc., a private company lobbying the Federal Government of Canada to foster Flow -Through Shares for clean technology companies.
Galaxy Power Inc., a Toronto-based private corporation, was established to create one of Canada’s leading hubs of Clean Technology public company-related knowledge. https://galaxypower.ca/
Listen to the Podcast:
Cleantech and Climate Change Podcast – President & CEO of Galaxy Power Inc. Discusses Future of Carbon Credits
Jean-Pierre launches a new educational series with Investor Ideas to educate consumers and investors in the cleantech space, starting with carbon credits and offsets; what they are and how they work.
Jean-Pierre shares, “The current market of Voluntary Carbon Credits is huge, estimated at approximately USD $1 billion in 2021, but very difficult to estimate accurately because of lack of transparency.”
“Voluntary Carbon Markets are poised to expand dramatically in the years ahead, driven by the global commitment to reduce emissions by 50% by 2030 and to net-zero by 2050 from 2010 levels in order to meet the Paris Agreement’s 1.5?C targets.”
“It is estimated that, in addition to direct emission reductions, this mandatory growth will require at least a 15-fold scale-up of voluntary offsetting by 2030 in order to meet expected demand, according to the Taskforce on Scaling Voluntary Carbon Markets (“TSVCM”), led by the former governor of the Bank of Canada and the Bank of England, Mark Carney.”
Thanks, that’s it for today. Do something good for this beautiful planet each and every day.
Podcast host: Dawn Van Zant, founder of Investorideas.com
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Visit the Cleantech and Climate Change Podcast page at Investorideas.com
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