Market data14 August 2026

Carbon Growth Partners CEO discusses carbon market's binary future

Rich Gilmore, CEO of Carbon Growth Partners, stated that the voluntary carbon market must scale 'hundreds of times' to address climate change, or it will become irrelevant. He highlighted that humans emit approximately 100,000 tonnes of CO2 every minute, requiring a daily emissions reduction of 20 million tonnes by 2030. Gilmore argued that achieving these targets necessitates an exponential increase in carbon market activity. He concluded that there is no scenario where the carbon market remains at its current size and still meets scientific climate goals.

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Carbon Growth Partners CEO discusses carbon market's binary future — carbon.fyi