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Best carbon capture stocks12/24/2023 ![]() Working capital – the cash required to support a business from day to day – is one big problem faced by a company growing as quickly as Pachama is. Having a major carbon registry give Pachama its official nod will be an enormous game-changer for the markets and in turn for our civilization, since so many of the frictions involved in approving and monitoring projects will be removed. It’s hard to overstate how important this news is to the development of a robust and influential voluntary carbon credit market. ![]() When I spoke with Pachama’s founder and CEO, Diego Saez Gil, a few weeks ago, he told me that his company’s client count had roughly tripled in less than a year and that he was on track to have Pachama technology approved as a primary certification and verification methodology by at least one of the big carbon registries within about another year. This kind of innovation clearly removes the enormous cost involved in manual surveys of forest stands and, if implemented on a wide basis, would help to contribute to carbon credit markets through reduced compliance costs and increased transparency.Īpparently, your correspondent is not the only one who thinks so. ![]() ![]() analyzed for carbon capture potential by the company's machine learning algorithms. Satellite imagery of a forested swamp area as viewed by Pachama's machine vision software and. ![]()
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