A new set of technology-based solutions are proving effective at managing the carbon footprint of a wide range of users. Global warming leads to new record temperatures year after year and greenhouse gas (GHG) emitting human activities are directly responsible. Current GHG emission levels must be halved by 2030 and net-zero emissions must be reached by 2050 to contain global warming at a sub-catastrophic level. The rapid commercialization of carbon management solutions is vital to quickly decarbonizing the economy within this decade.

The US SEC climate disclosure rule, aggressive net-zero emission targets, and the growing number of environmentally conscious consumers drive the industry. However, shortcomings in disclosure regulations and the growth of renewable energy pose risks to the industry.