The other thing to consider is that Colombia has already signed up for the EU ETS system and the EU has opened up the carbon markets globally by allowing EU companies to use carbon credits from countries outside of the union. I don't know if you saw what I posted a while back but Stellantis companies purchased 2.4 billion environmental offsets from Tesla 2019-2021. A good example of how real and how large this market has and is becoming. I would have to believe that having Stellantis directly involved here almost ensures OWP's success in monetizing these carbon credits.
This whole green agenda, though driven strongly through the EU, is largely being done through private business initiatives and is bypassing government control. Take a look at Blackrock. 10 Trillion assets under management and they are committing their investments to ESG-compliant companies. All of the major banks are on board as well even going so far as to say they will be considering ESG compliance before loaning money. Basically blacklisting non-compliant companies and being that they are private they can do that.
Blackrock posted this 2 days ago...
Then we have the SEC implementing sustainability reporting to be mandated by 2023 which will put even more pressure on companies as their impact on the economy will be made public.
Really seems this is an unstoppable shift and OWP has a very legitimate project growing here. I honestly believe what Thomas said when he said they should be looking at hundreds of millions in carbon credits alone is credible and very possible.
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