Demand in Carbon Credit Market Continues, Says Artemeter CEO
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* 00:00I'm wondering how the rule changes during an administration such as this versus a previous administration that doesn't necessarily call climate change a scam. Yeah, major differences, I suppose, from a U.S. perspective. I guess I always like to start in the context of carbon, which is a $1 trillion asset where most of the assets are actually in the compliance markets, which are local regional networks of ETS traded schemes. And that is not changing based off of who's in the White House in the United States. A lot of work and a lot of attention is focused on the voluntary markets where these are voluntary act actions by corporations, which again are not Im not swayed by who's in the White House. And we see that there's still a lot of conviction in the carbon markets more broadly. And again, when you think about it in the context of a $1 trillion market with the bulk of it being in these regional ETS schemes or these carbon tax schemes across these regions, there's not much change as it relates to this space. So major companies are buying carbon credits, all continuing as as it has that we've seen over the last few years. Again, when you bifurcate out the trillion dollar marketplace with 95, 90 plus percent of the market being the compliance markets, those are regulated assets. For them to do it, they have to do it. Well, we spent a lot of time talking about in the carbon markets where there's a lot of attention is going to be in the smaller portion, which is a couple billion dollar marketplace on the voluntary side. And what you're seeing, and as we discussed before, is there's a pullback in terms of the communication of the work that a lot of major corporations are doing, but nonetheless, they continue to buy carbon. What we're seeing is that they're actually making longer term investments, investments, signing long term five year offtake, really leaning into this space. But they're doing it more quietly th