Is it possible for carbon markets to quicken the journey towards achieving net zero?
In 1987, Dennis Bakke, then CEO of Applied Energy Services, faced the reality of the devastating impact of fossil fuels on climate change. His solution? Offsetting carbon emissions through reforestation in developing countries. This groundbreaking idea, proposed by AES executive Sheryl Sturges, led to the planting of 52 million trees in Guatemala. Over four decades, …