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In Chicago, they built a modern futures markets, they have a simple rule outsiders never understand: no ketchup on a hot dog — it was invented to cover bad meat.
In today’s voluntary carbon markets, VVBs and legacy registries are the ketchup — a sugary cover for bad science, weak baselines, and unverifiable claims. Rely on them and you are eating spoiled meat without knowing it. Up to 80% of corporate carbon portfolios may fail audit by September 2026.
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