How the Next Big Thing in Carbon Removal Sunk Without a Trace Highlight

Investments and sales across the sector over the past two years total as much as a quarter billion dollars. But because carbon removal remains unregulated, and exact numbers on the price per ton of carbon are not publicly available, it is difficult to see how these industries are progressing. “The voluntary carbon market has no rules,” says Stacy Kauk, chief science officer at Isometric, a carbon-removal registry. Formerly the head of sustainability at Shopify, Kauk organized one of the first investments into Running Tide in her former role. “On the corporation side, you’re incentivized to buy credits so that you can then make a green claim,” she says.