Montag is hired by TPG for a bold effort on carbon credits

1. Carbon Credits

Carbon credits are a way to offset the amount of greenhouse gases emitted by industrial processes, such as power generation, manufacturing, transportation, and agriculture. These credits can then be sold to companies who have exceeded their emission limits. Companies can use these credits to meet their emissions targets.

2. Carbon Offset

A carbon offset is a way to reduce greenhouse gas emissions by investing in projects that help mitigate climate change. A company might invest in renewable energy projects, planting trees, or supporting organizations working towards environmental sustainability.

3. Greenhouse Gas Emissions

Greenhouse gas emissions occur when we burn fossil fuels to produce electricity, run vehicles, and heat our homes. When we do these things, we release carbon dioxide (CO2) into the atmosphere. Carbon dioxide is a greenhouse gas.

4. Greenhouse Effect

The greenhouse effect occurs when sunlight passes through the earth’s atmosphere and warms the ground below. As the sun heats the ground, the temperature rises. Plants need warmth to survive, so they absorb the heat and warm themselves. Warm air holds more moisture than cold air, so the warmer air becomes heavier and rises. The rising air cools off and falls back down to Earth. This cycle keeps the planet warm enough for life.

5. Greenhouse Gases

Greenhouse gases are chemicals that trap heat inside the earth’s atmosphere. There are many different types of greenhouse gases, including water vapor, methane, nitrous oxide, and ozone. Water vapor makes up about 78% of the greenhouse effect. Methane makes up about 15%. Nitrous oxide makes up about 5%. Ozone makes up less than 1%.

6. Global Warming

Global warming refers to the increase in average temperatures around the world. Scientists believe that global warming is caused by human activities, such as burning fossil fuels. Global warming causes changes in weather patterns, sea levels, and ocean currents.

7. Climate Change

Climate change is the long-term trend toward changing conditions in the earth’s climate. Scientists predict that the earth’s climate will continue to change over time. Changes in the environment could affect humans and animals.