AI can be applied to carbon offset markets
Startup aims to bring transparency to carbon offsets
Viridios has developed artificial intelligence to enhance price discovery and help match companies with offsets that have suitable characteristics
Fixing a value for carbon offsets is not easy—there are thousands of different project types, technologies and locations—each with its own cocktail of risks. The problem has led a startup company tp develop artificial intelligence (AI) learning technology to help determine the value of the specific sustainable development attributes of each carbon offset, which promises to protect the value of non-carbon elements of each credit. Carbon offsets have traditionally been valued chiefly for the carbon emissions they reduce. The UN’s Clean Development Mechanism, for example, has approved over 8,000 different projects around the world, but the only market-based assessment that exists today is a sin
Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
