The episode of Cold Call features a discussion about carbon footprints, their implications for climate change, and how individuals can mitigate their effects. The hosts explain that the average U.S. carbon footprint is 16 metric tons, significantly higher than the global average. While individuals can reduce their footprints by altering daily activities, a more immediate solution lies in carbon credits. The conversation includes insights from experts, Mike Toffel and Duncan van Bergen, who elaborate on the dynamics of carbon markets valued at nearly $1 trillion and their role in reducing emissions effectively.
"The average carbon footprint in the US is the equivalent of 16 metric tons of carbon dioxide, which is about three times the global average."
"Global carbon markets are valued at nearly $1 trillion and growing fast, as organizations and nations race to comply with carbon reduction goals."
"You can reduce your footprint by simply doing less of those activities, but if that's not an option, turning to carbon credits is a viable alternative."
"Mike Toffel's research examines how companies are addressing climate change and other environmental and working condition issues, making them pivotal in this discussion."
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