Biochar: How to make the market work
Posted by annied in Cantos, green business, greentech on 09. Nov, 2009 | Comments Off
“Biochar Will Save the World!” proclaims a group page on Facebook. Popular mechanics writes of an “ancient charcoal” that can “put the brakes on global warming.” More than its prospects as a carbon sink or a fuel, it has massive prospects for development (the economic kind) for developing countries and emerging markets. But is it really that simple? A very wise Finance professor* once told me, “Anytime anybody tells you they have a market for that, be very suspicious.” It’s not that biochar couldn’t work, but that the market to make it work would have to be nuanced and highly regulated.