ClimateTech Updates for March 2021

Exciting news from the ARM world — climate change Adaptation, climate Restoration, and climate change Mitigation

The Earth as seen from the Apollo spacecraft. Source: NASA
  • Bluesource
  • Pachama
  • Storegga
  • Idealab
  • Abundance Investment
  • Carbon Engineering & 1PointFive
  • Xpansiv


The good folks at Bluesource, North America’s largest carbon credit developer and retailer, were a terrific resource for me when I wrote my series about carbon credits (Article 1, Article 2, Article 3).


Continuing with the carbon credits theme, Pachama, the company that I featured in my article Applying AI To Mitigate The Effects Of Climate Change, had two exciting announcements this month.


I mentioned the British company Storegga and its subsidiary, Pale Blue Dot Energy, in my article Carbon Engineering’s Licenses To Print Money after it purchased a license to use Carbon Engineering’s Direct Air Capture (DAC) technology. Storegga announced several bits of exciting news this month.


I wrote about Bill Gross, the founder of Idealab and one of two of his most recent labors of love — Heliogen — last year (Heliogen article, Interview with Bill article).

Abundance Investment

I wrote about the amazing work that Louise Wilson, founder and joint managing director of Abundance Investment, was doing with her colleagues in my 2020 article Abundance Investment: A Model For A New Era Of Investing.

Carbon Engineering and 1PointFive

In September of last year, I coined the term Carbon-Sequestration-as-a-Service (CSaaS) in my article entitled The Future Is Now. The CSaaS client was Canadian online retailing giant Shopify, and the provider was — of course — Direct Air Capture (DAC) pioneer, Carbon Engineering. Shopify had agreed to pay CE to sequester atmospheric CO2 at CE’s beautiful test and R&D facility in Squamish, BC.


Building on the success of the GEO contract, about which I wrote in my article The GEO Carbon Offset Contract, yesterday Xpansiv announced the launch of a related contract for Nature Based Solution offsets called the Nature-based Global Emissions Offset or N-GEO.

Bill Nordhaus’s DICE Model

In a July 2020 article entitled The Stakes Of Losing This DICE Game Are Enormous, I made a bold challenge to (fake) Nobel prize winning economist, Yale’s William Nordhaus, that suggested his DICE Model for estimating the economic effect of climate change was completely wrong. (Professor Nordhaus did not seem bothered in the least by my critique…)



Passionate about harnessing the power of the free market to solve humanity’s biggest adaptation challenge.

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Erik Kobayashi-Solomon

Passionate about harnessing the power of the free market to solve humanity’s biggest adaptation challenge.