Green Daily

What a Clean Cookstove Company’s Bankruptcy Means for Carbon Markets

Prices on Corsia, a marketplace for airlines, have fallen in the months following Koko’s collapse.
A Koko Networks cookstovePhotographer: David Herbling/Bloomberg

Carbon markets have had a rough few years. You can now add 2026 to the list: The collapse of a clean cookstove company has thrown the global offsets industry into disarray.

Today’s newsletter takes you inside the saga of Koko and what it means for the future of carbon offsets — a much-debated climate solution. Plus, a look at how major cities around the world are coping with the global oil crisis.