Climate Money Ep.2: Kenya's Carbon Cash Cow, a Climate Witch Hunt and Stock-Blocking JBS
A look at Kenya's new carbon take rate, why UK lawmakers want to block the biggest meat processor in the world and more
Hi everyone,
In the spirit of perfecting repetition instead of repeating perfection (or even achieving it once…!), I’m excited to share Ep. 2 of the Climate Money Podcast.
This episode covers:
Kenya’s carbon cash cow, a plan to charge a new 15%-25% take rate on all carbon credits minted in the country, and whether this is good, bad or meh for Kenya’s climate ambitions and for global carbon markets
Solyndra 2.0, a fraud-hunt that’s animating Republicans and threatening the $400B DOE Loan Program Office that is or will be key to many climate companies’ deployment success (note: Solyndra was a solar company that famously failed after getting $535M in loan guarantees from the DOE under Obama)
UK lawmakers are trying to block JBS from being listed on the NYSE on climate grounds. JBS is the world’s largest meat processor and Amazon deforester extraordinaire
Italy and France are set to outlaw cell based agriculture — and why this is a warning for every climate company that regulatory capture might be worse than climate denial
Finally, thank you for your generous and unvarnished feedback. Per last week’s comments to fix the music, spend more time on analysis, and define insider terms, I hope you enjoy this week’s episode.