Mankind’s greenhouse gas emissions (specifically carbon dioxide, or CO2) continue to exceed what the planet absorbs naturally. This imbalance has led to global climate change that currently costs billions of dollars per year in the United States alone, with those costs projected to increase dramatically world-wide.
Current and previous attempts to reduce CO2 emissions, whether through taxes, mandates, or permit trading programs, have not succeeded in their goals, as the difference between what is emitted and what is absorbed continues to increase.
Emissions trading can and does work, as proven by its use in the 1990s to rapidly reduce sulfur dioxide emissions in the United States at a rate that exceeded all expectations.
At ARC Carbon we believe that with a change to the methods and asset structures currently in place, market trading can be used to drive environmental change.