Carbon Bounty Hunting: From Stardust to the Notorious C.O.2 (ft. Eric Schoumsky) | Carbon Taxes, Credits, and Markets

2050 Investors

Strap on your boots, don your hats, grab your pitchforks and mangroves, because we are going carbon hunting!

Although carbon dioxide makes up a measly 0.04% of our atmosphere or 421 parts per million (ppm), it is about double the average concentration seen over the past 3 million years. All of this extra carbon dioxide accumulated since the pre-industrial era has already caused global warming of 1.1 degrees Celsius, destabilized Earth's climate and started the 6th mass extinction of biodiversity in our planet's history.

One solution: put a bounty on carbon's head and bring it to justice, aka carbon pricing! Since its introduction by the European Union in 2005, the idea of carbon pricing has long been touted by economists as one of the best ways to tackle climate change: making polluters pay for the environmental damage their emissions cause.

Join Kokou Agbo-Bloua as he travels back in time to the Big Bang to trace the history of carbon, from its cosmic origins to its role in climate change. He also explores the science behind the formation of carbon, its role in the carbon cycle and its impact on the Earth's atmosphere.

But the hunt doesn't stop there : Kokou talks to Eric Schoumsky, Head of Natural Capital Solutions at Societe Generale, about the role of carbon markets in financing nature-based solutions and how the market could evolve by 2050. Kokou presses Eric on the potential risks of manipulation and the potential impact on low-income households in a context of high inflation and shifting geopolitics.

So join us on this high-stakes chase through the periodic table as we uncover the complex and fascinating world of carbon and its impact on our planet. "Carbon Bounty Hunting is a must-listen for anyone interested in science, the environment and the future of our planet.

About this show

Welcome to 2050 Investors, your monthly guide to understanding the intricate connections between finance, globalisation, and ESG.

Join host Kokou Agbo-Bloua, Head of Economics, Cross-Asset & Quant Research at Societe Generale, for an exploration of the economic and market megatrends shaping the present and future, and how these trends might influence our progress to meeting 2050’s challenging global sustainability targets.

In each episode, Kokou deep-dives into the events impacting the economy, financial markets, the planet, and society. Through a magical blend of personal anecdotes, in-depth research and narratives overlaid with music, sound effects, and pop culture references, there’s certainly something for everyone.

Kokou also interviews industry-leading experts, personalities, entrepreneurs and even Nobel prize winners! You will learn from the best on a wide range of subjects on current affairs, market shifts, and economic developments.

If you like 2050 Investors, please leave a five-star review on Apple Podcasts or Spotify. Your support will help us spread the word and reach new audiences. If you’re seeking a brief and entertaining overview of market-related topics and their business and societal implications, subscribe now to stay informed!

Previous episodes of 2050 Investors have explored ESG-influenced financial assets, climate change, AI, greenflation, smart cities, globalization, plastic pollution, food, health care, biodiversity, the energy transition, and more.

Credits

Presenter & Writer: Kokou Agbo-Bloua. Editors: Vincent Nickelsen, Jovaney Ashman, Linda Isker. Production Designer: Emmanuel Minelle, Radio K7 Creative. Executive Producer : Fanny Giniès. Sound Director: Marc Valenduc. Interview Voice-over : Richard Doust, supervised by Romain Lefebvre. Music: Rone. Graphic Design: Cédric Cazaly.

Whilst the following podcast discusses the financial markets, it does not recommend any particular investment decision. If you are unsure of the merits of any investment decision, please seek professional advice.

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