Cap and confiscate: Now anyone can buy and lock up pollution permits

May 27, 2021

NPR’s Marketplace reported on Climate Vault, a new nonprofit that claims to reduce emissions by “locking” up cap-and-trade permits. This nonprofit is the latest to attempt to introduce innovation in the climate action space. To explain the benefits, challenges, and prospects of carbon removals, NPR turned to Bluesource’s Janet Peace.

“We really need to be investing in [direct air capture] to bring down the price tag. The International Energy Agency said we can’t solve climate change in many of their economic models unless we’re using carbon capture and storage.” – Janet Peace

Hear the entire segment here. 

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