S3E54: Building Commodity Scale Infrastructure for Carbon Removal—w/ Matt Trudeau, Nori's new CEO
Description
Is buying carbon credits like buying real estate? What would a tradable commodity market for the carbon removal industry look like?
In today's episode, Ross sits down with Matt Trudeau, Nori’s new CEO, to get a glimpse of how a veteran market builder thinks about building carbon markets that meet the challenges of a rapidly scaling industry.
Matt talks about the balance between standardization and innovation within carbon market development, discusses the evolution of financial markets, and explores the impact of high-frequency trading on fairness and efficiency.
Listen in to get a sense of where the burgeoning carbon market is encountering hurdles and what we can learn from the historical transition to electronic trading systems.
If you've ever pondered the transformation of bespoke carbon credit transactions into a full-fledged commodities market, this episode is a must-listen.
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Resources
Flash Boys: A Wall Street Revolt by Michael Lewis