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"A carbon credit is essentially a faith-based mechanism" Verdantix Senior Analyst Connor Taylor dives into the carbon credit debate in his thought-provoking session on the complexities of generic carbon offsets and carbon dioxide removal. Some of Connor's key insights include that: - The value of a carbon credit is largely found in the trust that people place in it, and the extent that it enables corporate claims making - Some credits, while effective, are hugely limited by low availability and high cost, for instance direct air capture (DAC) - The durability of credits must be considered, for example nature-based carbon removal instances where wildfires have destroyed offsetting forests #CarbonRemoval #CarbonCredits #Decarbonization #ClimateSummitNA #NetZero #DirectAirCapture #CarbonOffsetting

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