katherine gorman

The Connecticut Green Bank, the first green bank in the US, has unlocked over $2 billion in capital toward clean energy projects and other climate solutions since it was established by the state legislature in 2011.

So, what is the green bank model? How does it compare to other methods of clean energy finance? And what are their impact?

Climate Now speaks with Connecticut Green Bank President and CEO Bryan Garcia to find out.

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What does it take to turn an idea that could help fight climate change into a self-sustaining business? We often hear the glamorous stories of startups that have made it, but little about the struggles, the learning, and the luck required to get there.

Pol Knops, Founder and Chief Technology Officer of Green Minerals, joined Climate Now to share his ongoing journey to design, develop and market a process that transforms carbon dioxide emissions into a useful product.

Green Minerals speeds up the natural process of mineralization, in which CO2 chemically reacts with iron, magnesium or calcium-rich minerals to form a new mineral, permanently trapping the CO2. 

The Green Minerals mineralization process uses olivine to react with captured CO2 to create feedstocks for the concrete and paper industries. 

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As the climate crisis worsens, more and more companies are committing to go "net-zero". Most of these commitments include the purchase of carbon offsets or investment in negative emissions projects, designed to offset the emissions resulting from companies' operations.

The carbon offset market is in high demand due to this surge of net-zero pledges, but does the market actually work? How can companies be sure their dollars are removing carbon that otherwise wouldn't be removed from the atmosphere? And what are the risks of a market that doesn't uphold its promise of truly offsetting emissions?

Dr. Mark Trexler of the Climatographers and Derik Broekhoff of the Stockholm Environment Institute (SEI) joined Climate Now to discuss the carbon offset market, what's wrong with it, and what its future could be.

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