Here’s a tip from an old equity analyst. If you see quarter-over-quarter growth of 68% and year-over-year growth of 98%, something good is happening. These astonishing growth rates were those recorded for Xpansiv’s CBL exchanges globally in 1Q21 and were led by carbon transactions, US Renewable Energy Certificates (RECs), and over 64 billion liters of water traded on H2OX, CBL’s water market in Australia. International carbon volumes were boosted by brisk trading in Xpanasiv’s new Global Emissions Offset (GEO) contract. This is a standardized, benchmark spot contract for the global voluntary carbon market that I wrote about in the fall of 2020. GEO volumes were 281% quarter-over-quarter from Q4 2020, when it was first listed.

You can’t manage what you can’t measure. The products and markets that Xpansiv is pioneering give civilization the tools and economic incentive to measure our carbon output precisely and let free markets decide what cleaner products are worth. Bravo, Team Xpansiv!