Why carbon credits are 'an incredible emerging asset class'
While carbon credits have been around about 30 years, demand is finally surging, said Brett Heath, chairman of newly-formed Carbon Neutral Royalty.
On Friday Heath recorded Kitco Roundtable with Mining Audiences Manager Michael McCrae and editor Neils Christensen. Heath is also CEO of Metalla Royalty & Streaming.
Demand for carbon credits is estimated to increase by 15x by 2030 and by 100X by 2050, according to data compiled by Carbon Neutral Royalty.
"Carbon credits have been around since the late nineties, so they're not a new invention, but it's the first time we've ever seen this global mass adoption," said Heath.