Sparklines

Carbon Offsets Trading Could Go Two Very Different Ways

An over-supplied, lax voluntary market will result in very slow growth in prices, while a carbon removals-only scenario will cause an immediate spike, BNEF research shows

The 'Orca' direct air capture and storage facility in Hellisheidi, Iceland.

Photographer: Arnaldur Halldorsson/Bloomberg
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Decarbonization of the global economy will require a planet-sized transformation of industrial sectors and of consumption. There is a limit to what we can do, however. Reaching net zero emissions will almost certainly require actively removing carbon dioxide from the atmosphere.