Carbon Credits. A billionaire's secret for wealth preservation... Or is it just for show?
Is investing in carbon credits a real estate deal? Is it for show? Or for wealth preservation through a real estate play? Deep dive into some of the most famous billionaire's strategies.
Carbon credit trading turnover was around $2 billion in 2021, but consultants McKinsey suggest it could be worth more than $50 billion a year by 2030.
It seems that there has never been a better time to generate carbon credits. But how? Buying a bunch of trees? Well here is how some of the most reputable billionaires have been putting their bets…
Behind the scene 📺
Carbon credits are basically certificates issued by government-verified entities that represent a number of Co2 emissions kept out of or removed from the atmosphere.
Recently, purchasing carbon credits have been a solution for companies to reduce their taxes by offsetting some of their Co2 emissions that they can hardly eliminate without losing on important margins.
While carbon credits have been around for a while, the voluntary carbon credit — a market not handled solely by government entities but also enabling private organizations to trade— market has grown significantly in recent years.
Overall, these carbon credits wo…
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