Financing a Net-Zero Future with Carbon Credit Streaming
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Financing a Net-Zero Future with Carbon Credit Streaming

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The following content is sponsored by Carbon Streaming Corporation.

Financing a Net-Zero Future with Carbon Credit Streaming

The world is advancing towards a net-zero carbon future, but achieving it will require a larger role for carbon credits.

A carbon credit is a tradeable certificate that represents one metric ton of carbon dioxide (CO2) or the CO2 equivalent (CO2e) of another greenhouse gas (GHG) that is prevented from entering the atmosphere or is removed from the atmosphere. Organizations purchase and use these certificates to offset their emissions that are difficult to reduce or control.

This infographic sponsored by Carbon Streaming Corporation explains how the company is funding the fight against climate change by bringing the streaming model—traditionally used in mining and energy—to the growing market for carbon credits.

The Rising Need for Climate Action

Global GHG emissions have risen alongside the expansion of industries and economies.

Since the Industrial Revolution, atmospheric concentrations of CO2 have increased at a rate at least 10 times faster than at any other time during the last 800,000 years. Consequently, global surface temperatures have risen, bringing the world closer to the devastating effects of climate change.

According to the latest United Nations Emissions Gap Report, limiting global temperature rise to 1.5°C requires a 50% reduction in GHG emissions by 2030 relative to current levels. While attaining this goal seems difficult, carbon credits can help get us closer to it.

What are Carbon Credits, and How Can They Help?

Carbon credits are generated by projects that avoid, reduce, or remove CO2e from the atmosphere. These projects include, but are not limited to:

  • Reforestation and forest conservation
  • Renewable energy
  • Carbon capture and storage

For every metric ton of CO2e that a project avoids, reduces, or removes, it generates one carbon credit. Companies buy these carbon credits to offset emissions that are difficult to reduce or control, such as value chain emissions.

The number of companies with net-zero targets has jumped over 200% between 2019 and 2020, up from 500 to 1,565. Carbon credits can help address various gaps on a company’s path to decarbonize, including:

  • Technological Gaps: Companies are limited by current reduction and removal technologies that are available at scale.
  • Time Gaps: Companies will require time to implement plans to reduce their emissions.
  • Cost Gaps: Companies may have emissions that are too expensive to eliminate today.

The Growing Demand for Carbon Credits

As more and more companies turn to carbon credits, the market size of both compliance and voluntary carbon markets is growing.

Compliance markets are regulated by governments to cap emissions for certain industries. Voluntary carbon markets are where carbon credits can be purchased by those that voluntarily want to offset their emissions.

YearVoluntary markets transaction valueCompliance markets transaction value
2017$146M$47B
2018$296M$170B
2019$320M$216B
2020$473M$261B
2021*$748MN/A

*As of Aug. 31, 2021.

Voluntary markets are substantially smaller than compliance markets, with a notable growth runway. Transaction values in voluntary markets have grown five-fold since 2017, and are on track to surpass $1 billion in 2021.

However, the supply of carbon credits in the voluntary markets relies on carbon offset projects, which require funding to be developed. These funds can be difficult to obtain before buyers purchase the carbon credits generated by the project. Carbon Streaming is able to provide this capital with its unique streaming model, bridging the gap in funding until credits are available for sale.

How the Carbon Streaming Model Works

The Carbon Streaming model functions in two simple steps. It involves an upfront payment from Carbon Streaming to a project developer, who then provides a stream of high-quality carbon credits in the future.

  1. Upfront payment to project developer: Carbon Streaming makes an upfront payment for the right to purchase future carbon credits.
  2. Stream of carbon credits: Carbon Streaming makes ongoing delivery payments and receives a stream of carbon credits generated by the project.

Carbon Streaming’s ability to access capital markets to raise low-cost capital provides it with a competitive advantage. The Carbon Streaming model allows the alignment of the strategic interests of Carbon Streaming and the project developer with both of them receiving multiple benefits.

Carbon Streaming acts as both:

  • A long-term partner with project developers
  • A trusted partner for buyers of high-quality carbon credits

Carbon Streaming provides impact investors with exposure to rising carbon prices while also financing projects that help achieve decarbonization and sustainability goals.

Carbon Streaming for a Cleaner Future

As the world shifts towards a net-zero carbon future, carbon credits will play a key role in helping countries and companies achieve their climate goals.

Carbon Streaming is funding the fight against climate change with its unique streaming model—an investment opportunity with several benefits for investors and the environment.

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A Breakdown of Americans’ Monthly Credit Card Spending

Do you know where your money goes? From travel to gas, we break down Americans’ monthly credit card spending by category.

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Credit Card Spending

Americans’ Monthly Credit Card Spending

If you were fortunate enough to keep your job during the pandemic, you probably noticed a financial benefit: you spent less. Amid restrictions, credit card spending on fun activities—like going out for dinner—became less frequent.

Looking ahead, the majority of Americans plan to continue at least one budget change post-pandemic, including eating out less (49%), buying fewer clothes and shoes (41%), and traveling less (37%). Of course, the first step in budgeting is tracking where your money is going.

In the above graphic from Personal Capital, we break down Americans’ monthly credit card spending by category. It’s the first in a three-part series that will explore the spending and saving of Americans.

Behind the Numbers

Credit card spending is based on anonymized data from Personal Capital users, who tend to have a higher-than-average net worth. For this particular subset of users, people had an average net worth of $1.3 million and a median net worth of $405,000. Therefore, the credit card spending amounts may be higher than those of the general U.S. population.

It’s also worth noting that the data reflects credit card spending only. It does not include expenses such as mortgage or rental payments, which are typically paid through other methods.

Credit Card Spending by Category

Here’s a breakdown of monthly credit card spending, based on averaged data from November 2020 to October 2021.

CategoryMonthly Spend% of Monthly Spend
Travel$82216.9%
General Merchandise$81516.7%
Restaurants$56711.6%
Groceries$56211.5%
Clothing/Shoes$52210.7%
Home Improvement$51910.7%
Healthcare$3587.4%
Online Services$3316.8%
Entertainment$2104.3%
Gas$1683.4%
Total$4,874100.0%

Users with no transactions in a particular category were excluded from the average spending amounts. Data is statistically weighted by age to ensure accurate and reliable representation of the total U.S. population, 20 years of age and older.

As border restrictions ease, Americans are spending the most on travel. In fact, 83% of Americans say they are excited to plan a trip in a post-pandemic world. The most popular merchant within travel is Airbnb, followed by airlines such as Delta and United as air travel recovers from its pandemic slump. However, this recovery could be in jeopardy amid fresh concerns over the Omicron variant.

Travel is closely followed by general merchandise, at places like Amazon, Costco, Walmart, and Target. Monthly spending in this category has averaged at $815 over the last year. Of course, this could climb even higher near year-end due to the holiday spending boom typically seen in the U.S. every year.

On the other hand, Americans spend the least on online services (such as Google and Facebook), entertainment, and gas. Though the average monthly spending on gas was the lowest of all categories, it increased by 60% from November 2020 to October 2021. This is likely due to gas being one of the categories hit hardest by inflation, along with increased travel.

Turning Reduced Spending Into Savings

With the swipe of a credit card, it can be easy to underestimate how quickly eating out and online shopping add up. However, by taking a closer look at your credit card spending, you can get a sense of where your money is going.

Like most Americans, you may also decide to carry over at least one budget change post-pandemic. What do Americans want to do with the extra cash? Over half plan to put it towards savings, and 16% aim to contribute more to retirement savings or investments.

In Part 2 of the Americans’ Spending and Saving series, we’ll break down Americans’ financial assets by age.

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Copper’s Essential Role in Protecting Public Health

Copper can kill up to 99.9% of bacteria on surfaces within two hours of exposure and slow the spread of diseases.

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Copper’s Essential Role in Protecting Public Health

Every day, high-touch surfaces present health risks to people in public spaces, and especially the most vulnerable in healthcare. In fact, of every 100 hospitalized patients at any given time, seven will get at least one healthcare-acquired or “hospital infection”.

With naturally antimicrobial properties, copper can kill up to 99.9% of bacteria on surfaces within two hours of exposure and slow the spread of diseases.

In this infographic from our sponsor Teck, we explore copper’s bacteria-fighting abilities and its crucial role in public health.

How Copper Kills Bacteria

Due to its powerful antimicrobial properties, copper kills bacteria in sequential steps:

  • First, copper ions on the surface are recognized by the bacteria as an essential nutrient and enter cell.
  • Then, a lethal dose of copper ions interferes with normal cell functions.
  • Finally, the copper binds to the enzymes, impeding the cell from breathing, eating, digesting, or creating energy.

This rapid killing mechanism prevents cells from replicating on copper surfaces and significantly reduces the amount of bacteria living on the surface.

Antimicrobial copper is effective against bacteria that causes common diseases like staph infections and E. coli that causes foodborne illness. The metal continuously kills bacteria and never wears out.

Besides bacteria, researchers are currently studying copper’s impacts on the virus that causes COVID-19. A previous study suggested that SARS-CoV-2 was completely destroyed within four hours on copper surfaces, as compared to 24 hours on cardboard, and up to three days on plastic and stainless steel. Pre-pandemic studies also demonstrated copper’s ability to kill other coronaviruses.

The Applications of Antimicrobial Copper

Institutions around the world have already deployed antimicrobial copper solutions relating to hospitals, fitness centers, mass transit systems, schools, professional sports teams, office buildings, restaurants, and more.

To date, antimicrobial copper has been installed in more than 300 healthcare facilities around the world. Taking the reduced costs of shorter patient stay and treatment into consideration, the payback time for installing copper fittings is only two months, according to an independent study by the University of York’s Health Economics Consortium.

In Canada, Teck has worked with its partners to install antimicrobial copper coatings on high-touch surfaces in hospitals, educational buildings and transit.

The Stanley Cup champions Los Angeles Kings have installed antimicrobial copper surfaces in their strength and training facility in California. Furthermore, over 50 water bottle filling stations made from antimicrobial copper can also be found throughout the Hartsfield-Jackson International Airport in Atlanta.

Copper’s Role in Public Health

While many hospitals and other institutions are already using copper fittings, others are still not aware of its impactful properties.

As awareness increases, copper can become a simple but effective material to help control the spread of infections.

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