Why Tracking Carbon Emissions Is Suddenly A Billion Dollar Opportunity

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Published 2021-09-14
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

All Comments (21)
  • @666yaoz
    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.
  • 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?
  • @donaldmark177
    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.
  • @harrishartman
    could the carbon burned by oil and gas is considered the low emission energy? because it has lower emission compared to burning the woods.
  • @Mike__B
    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...
  • @Diamond_Hanz
    gigaton, mega ton, metric ton, us ton, tonne....i'm all kinds of confused
  • @tommym936
    What on earth is making that smoke coming out the stack @1:20
  • @davec8921
    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
  • @IlyaSpektor
    Interesting that Planetly shut down only a year after this video was released
  • @StephanieLeva
    So it's a billion dollar business. Makes sense. It's about money and control.
  • @Mark-bz9ox
    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
  • @jamescrud
    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?
  • @Doug923
    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.