Reversing Climate Change

346: How Structure Climate Financed Carba’s Biochar Offtake Agreement with Microsoft—w/ Andrew Jones of Carba & Matt Schmitt of Structure Climate


Listen Later

In carbon removal, landing a major offtake agreement—like Microsoft’s purchase of 44,000 credits from Carba—is often seen as the holy grail. But what happens next? How does the money flow, and can debt financing bridge the gap between signature and scale?

In this episode of Reversing Climate Change, host Ross Kenyon unpacks the deal between Microsoft and Carba, a waste-to-value biochar company turning landfill-bound biomass in Minnesota into durable carbon removal.

With credits to be delivered over five years, Carba needed capital to ramp up production. Enter Structure Climate, which is financing the deal to help Carba meet its commitments—showcasing a compelling model for how debt finance can unlock climate impact.

Guests Andrew Jones, CEO and Cofounder of Carba, and Matt Schmitt, Founder and CEO of Structure Climate (where Ross serves as an advisor), walk us through the mechanics of the deal, the role of debt vs. equity, and what this means for the future of carbon removal finance.

Resources

⁠⁠⁠⁠⁠⁠Become a paid subscriber of Reversing Climate Change⁠⁠⁠

"Carba Announces 5-Year Carbon Removal Credit Purchase Agreement with Microsoft" announcement

Structure Climate

Carba

Microsoft's carbon removal program

...more
View all episodesView all episodes
Download on the App Store

Reversing Climate ChangeBy Carbon Removal Strategies LLC

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

274 ratings


More shows like Reversing Climate Change

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,007 Listeners

Planet Money by NPR

Planet Money

30,681 Listeners

Energy Gang by Wood Mackenzie

Energy Gang

1,251 Listeners

Climate One by Climate One from The Commonwealth Club

Climate One

570 Listeners

Columbia Energy Exchange by Columbia University

Columbia Energy Exchange

394 Listeners

The Daily by The New York Times

The Daily

112,360 Listeners

Interchange Recharged by Wood Mackenzie

Interchange Recharged

499 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,525 Listeners

Drilled by Critical Frequency

Drilled

2,208 Listeners

Switched On by Bloomberg

Switched On

99 Listeners

Volts by David Roberts

Volts

632 Listeners

Catalyst with Shayle Kann by Latitude Media

Catalyst with Shayle Kann

267 Listeners

Zero: The Climate Race by Bloomberg

Zero: The Climate Race

232 Listeners

Shift Key with Robinson Meyer and Jesse Jenkins by Heatmap News

Shift Key with Robinson Meyer and Jesse Jenkins

119 Listeners

Open Circuit by Latitude Media

Open Circuit

140 Listeners