Tuesday, April 14 | 1:30 – 5:30 PM | Location: MIT Museum
Hard-to-abate industrial sectors—such as steel, ammonia, cement, shipping, or aviation—account for over 30% of global greenhouse gas emissions. Yet, they remain underserved by legacy carbon instruments like renewable energy certificates (RECs) and voluntary offsets, which suffer from static pricing, unverifiable baselines, and limited alignment with industrial cost dynamics. Our work aims at introducing Green Market Makers (GMMs) as catalytic institutional intermediaries designed to bridge these gaps by enabling structured transactions between green commodity producers and industrial buyers. GMMs issue environmental attribute certificates (EACs) to enable these transactions while highlighting which green technologies have potential to become cost-competitive.
In this interactive workshop we will:
Present the structure of such a GMM
Ask how we can reward firms to buy EACs for early-stage technologies
Evaluate approaches to explore the impacts of investments in green technologies on the evolution of new companies developing them
Discuss who bears what risk and what the ideal length of contracts are
Examine which green technologies/commodities are most amenable to such a marketplace
Summarize what information firms want to see on such a platform
Facilitator:
Florian Berg, MIT Principal Research Scientist, Sloan School of Management
