As the carbon management industry rapidly emerges—and rapidly evolves—carbon offsets and credits are playing an increasingly important role.

Since it is impossible for any production or manufacturing operation to completely eliminate CO₂ emissions, carbon credits become essential. But how are those credits applied? And what do they really mean for the long-term future of decarbonizing the environment?

BlueSphere Carbon serves as an online marketplace for buying and selling carbon credits. Its chairman, Shidan Gouran, recently sat down with Hart Energy to explain how the markets are working, and what more needs to be accomplished, to solidify carbon management as true industry amid the energy transition.