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" ... Author’s Note: Since the initial version of this article was published, an expert on carbon capture technology brought to my attention a important nuance related to the developing market for carbon capture and storage, and California’s treatment of the technology. One hundred percent carbon capture is the ultimate goal of CCS technology, and a panacea that would enable the elimination of carbon emissions from a range of sources in power generation and industry. Yet, while 100% carbon capture holds promise as a key enabler of full decarbonization, the technology remains prohibitively expensive today. Ultimately, the CARB report cited in this article references 100% carbon capture, specifically, as the technology that it excludes from its core modeling. This article has accordingly been updated to clarify this fact. ... "
" ... The opportunity for DERs to capture electricity market share and transform the grid is massive, but the associated complexities create a new set of challenges. That’s where VPPs can answer the call. VPPs move value from behind-the-meter assets to wholesale markets and orchestrate diverse DER assets, often with multiple owners. In addition, VPPs typically support a broad range of assets, creating a scalable, sustainable solution for today’s grid challenges. These VPPs are often backed by dynamic, self-learning optimization engines that enable renewable energy trading while balancing grid distribution and transmission. ... "
" ... They are also not meant to capture ancillary services or products to a virtual asset network, such as hardware wallet manufacturers and non-custodial wallets (to the extent that they do not also engage in or facilitate other VA activities on behalf of their customers). ... "
" ... To capture opportunity and mitigate risk, leaders will need to think more broadly about their business role, in their sector and society at large. In short, they must adopt a systems-based approach. ... "
" ... “For example, if you want to capture all the immunization records of every single person vaccinated on one platform, and then use that information to verify they’ve been vaccinated before they can go back to a building, an airline, or stadium — that’s fine, but [in doing so] you create a central database, and potentially a target for hackers. To me, that sounds like big brother. The opportunity we have with blockchain is to actually deliver the same outcome without the risk of centralizing data to a single place. That is really what blockchain technology brings to us: verified credentials in a decentralized way. I don’t think we have another way to do it,” adds Piscini. ... "