Steve Zwick

Chicago

Net-Zero Correspondent at Carbon Pulse

I spend my days deep in the weeds of climate finance for Carbon Pulse and my nights translating what I learn into plain English for Bionic Planet. @CarbonPulse

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Articles

27. The Entropy paradox

1 week ago | illuminem.com | Renat Heuberger |Steve Zwick

Return to The paradox of carbon creditsMove to 26. The Profits paradox <> Move to 28. The Competition paradoxHave you ever tried to un-scramble an egg? Ever noticed how your house gets messy on its own, but never seems to clean itself? Or how your beer warms up and your soup cools down—but never the reverse? That’s entropy in action. It’s the second law of thermodynamics: in a closed system, disorder tends to increase. The world naturally moves toward chaos.
28. The Competition paradox

1 week ago | illuminem.com | Renat Heuberger |Steve Zwick

Return to The paradox of carbon creditsMove to 27. The Entropy paradox Healthy competition is a powerful driver of market growth. When multiple players compete for market share, they are incentivized to innovate, improve product quality, lower prices, and enhance customer experience—ultimately benefiting consumers and stimulating demand. Moreover, competition pushes companies to explore and serve previously overlooked market segments, expanding the market as a whole.
26. The Profits paradox

Dec 26, 2024 | illuminem.com | Renat Heuberger |Steve Zwick

Illuminem VoicesCarbon Market · Corporate Sustainability · Sustainable Business · Environmental SustainabilityReturn to The paradox of carbon creditsMove to 25. The Intentions paradoxFrom smartphones to electric vehicles to new social media platforms, success is measured by profitability. Once a product or service becomes commercially viable, it scales.
25. The Intentions paradox

Dec 25, 2024 | illuminem.com | Renat Heuberger |Steve Zwick

Illuminem VoicesCarbon Market · Carbon · Corporate Governance · Ethical GovernanceReturn to The paradox of carbon creditsMove to 24. The Expectations paradox <> Move to 26. The Profit paradoxCarbon credits attract a diverse range of stakeholders, all driven by good intentions and a shared goal of making a positive impact. Some champion carbon credits as an effective tool for reducing greenhouse gases, while others highlight their potential to drive innovation.
The Untold Story Of The Voluntary Carbon Market

May 1, 2024 | linkedin.com | Steve Zwick

According to David McCulloch, “History is who we are and why we are the way we are,” and that applies to the voluntary carbon market as much as to any other endeavor. In 2022, the Voluntary Carbon Market was flying high – the lone functioning mechanism in a landscape of failed policies. That year, I met with Mark Kenber and Marc Stuart, two founding board members of Verra, the standard-setting body that oversees the Verified Carbon Standard (VCS).
What Lies Ahead for Carbon Markets After COP28?

Dec 21, 2023 | ecosystemmarketplace.com | Steve Zwick

21 December 2023| When voluntary carbon standards such as Plan Vivo, Gold Standard, and the Chicago Climate Exchange emerged in the late 1990s and early 2000s, they aimed to create transitional mechanisms to test new concepts and support early action until a global regulatory apparatus emerged.
Piloting to Continue Under Article 6 Despite COP28 Failure

Dec 13, 2023 | ecosystemmarketplace.com | Steve Zwick

13 December 2023 | DUBAI | Countries say they will continue piloting cross-border cooperation under Article 6.2 of the Paris Agreement despite a failure by negotiators to agree on guidance for operationalizing that paragraph and its companion, Article 6.4.Article 6 governs international carbon credits. Within it, Article 6.2 provides a framework for countries to cooperate bilaterally or multilaterally, while Article 6.4 provides a centralized mechanism administered by the United Nations.
COP 28 Enters Final Day With No End in Sight

Dec 12, 2023 | ecosystemmarketplace.com | Steve Zwick

12 December 2023 | DUBAI | This story will be updated throughout the day as negotiations unfold.
COP28 Update: New Article 6.4 Text is Simpler, More Nature Friendly

Dec 9, 2023 | ecosystemmarketplace.com | Steve Zwick

9 December 2023 | DUBAI | 15:38 GST | Negotiations around the guidance for implementing Article 6 of the Paris Agreement are entering the final days, with new draft texts for Articles 6.4 and 6.8.The current 6.4 text is just seven pages long with six pages comprising a negotiating text and one page prescribing an option if no agreement is reached. Interestingly, the current text has significantly more language on nature than expected. Negotiations are continuing and will break at 4pm GST.
African Countries Mobilize for Carbon Markets Despite Article 6 Deadlock

Dec 8, 2023 | ecosystemmarketplace.com | Steve Zwick

8 December 2023 | DUBAI | Climate negotiations that focus on international carbon credits (ICCs) through Article 6 of the Paris Agreement remain stalled at the 28th Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC), but government pavilions — and especially those of African countries — are buzzing as nations move forward with domestic frameworks and international arrangements, although delegates said the wheel of government also turn lowly.