Reversing Climate Change

Nori lives at the intersection of climate and crypto, attempting to build a global commodities market for carbon removal on the blockchain. And while we’ve discussed carbon removal at length on the podcast, we’ve spent less time exploring how one might use crypto to determine a reference price for carbon. So, what does Nori look like under the hood? How can we use the blockchain as a tool to get the world’s atmospheric carbon balance back to 300 parts per million? Chris Burniske is Partner at Placeholder VC, a venture capital firm that invests in decentralized networks and Web3 services, including Filecoin, Polkadot, and Nori. On this episode of Reversing Climate Change, Chris joins Ross and Nori CEO Paul Gambill to explain what differentiates our market-based system for valuing CO2 from other climatetech projects. Chris and Paul discuss the potential to build a world of complex financial instruments around Nori and describe what market mechanisms one might use to create depth around the pricing of carbon-bac