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Co-living Matching for Home Owners

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Is anyone a pro on carbon credits?

Every time we open a unit in an existing home (www.LetsCoLife.com, we match renters to owner occupied homes, usually a single person living alone in a 3 bed 2 bath house), we're reducing the need for more units to be built. Since construction contributes 40% of CO2 emissions, I'm wondering if we (or our homeowners) would qualify for carbon credits.

If anyone is a pro here and has a few minutes, I would love to chat!

almost 2 years ago

CEO @ Shovels

I also have connections here and have thought a lot about residential carbon offset credits. It's a tricky problem -- you'd be in the voluntary offset market and CO2 prices are 5-10% of what they are in mandatory markets. Happy to chat and also refer you to others, particularly in the Work On Climate community, who are working on this!

almost 2 years ago

Try reaching out to the folks at Carbon Direct. They are experts in this field

almost 2 years ago

Product Founder @ SoundChx.tv

Hey @Derek Snook,


I've done more work with renewable energy credits [RECs] than carbon credits (sometimes but not always the same as carbon offsets -- context is key).


You're right to think that there is money in these types of credits. I worked with ConEd's Clean Energy Business and can confirm this is how utilities make significant returns. They essentially have a multi-sided business model: revenue generation based on willingness to pay [WTP] but it's a regulated monopoly..., depreciation of assets (PP&E), tax credits (i.e. RECs), and financing rates to lever cashflow/profit/etc. A lot of this can be applied to real estate-type businesses if done right -- I have some rental property and can attest to this.


Here are some good reads to upskill on this fast:

  1. 3 Steps to Sell Carbon Credits: Make Money Saving the Planet!
  2. Carbon Credits vs Renewable Energy Credits (RECs): What’s the Difference?
  3. How to Acquire Carbon Offset Credits


Happy to chat further. I have thoughts on leveraging a multifaceted business model for CoLife.

Tim Connors core team
almost 2 years ago

Founder, MD @ PivotNorth Capital

@Paul Shahriari @Kathleen Egan

next_week  Derek Snook asked for help with Is anyone a pro on carbon credits? • almost 2 years ago

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