The Hidden Gigaton: Why Super Pollutants Are Carbon Markets’ Blind Spot

The Hidden Gigaton: Why Super Pollutants Are Carbon Markets’ Blind Spot

In this episode of This Week in Carbon, Rene Velasquez sits down with Fritz Troller, founder of Therm, to unpack one of the most overlooked challenges in climate: super pollutants.

Often described as the “hidden gigaton,” these gases — including refrigerants, methane, and fluorinated gases — are responsible for a disproportionate share of near-term warming. As Fritz explains, nearly half of global heating to date has been driven by super pollutants — yet they remain largely invisible in mainstream carbon market conversations.

The critical difference?
Unlike CO₂, super pollutants cannot be removed once released into the atmosphere. That makes prevention — not removal — the only viable strategy.

The conversation dives into:

  • Why refrigeration systems are a massive, under appreciated emissions source
  • The “leaky infrastructure” problem across global food supply chains
  • How carbon finance is being used to incentivise avoidance at source
  • The rise of super pollutant credits — and why buyers like Google and JPMorgan are paying attention
  • The growing role of insetting across supply chains (upstream and downstream)
  • Why this category is consistently receiving top-tier ratings from agencies like BeZero and Calyx
  • The opportunity — and urgency — of scaling solutions across Article 5 (Global South) markets

Fritz also outlines Therm’s multi-channel strategy across voluntary markets, compliance systems, and insetting — offering a rare look at how to build resilience in a still-evolving carbon market.

This is a timely discussion on a category that may lack the storytelling appeal of nature-based solutions — but from a pure climate impact perspective, may be among the most important levers we have.

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Episoder(62)

The Chicken-and-Egg Problem in the Carbon Markets and How Symbiosis Is Solving It - Julia Strong

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Why the World’s Most Scalable Carbon Removal Comes from One of Climate Change’s Unlikely Allies: Fungi - Loam Bio

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Why Carbon Credits Don't Legally Change Hands, and what GCMU has Built to Fix that — Chris Canavan

Why Carbon Credits Don't Legally Change Hands, and what GCMU has Built to Fix that — Chris Canavan

In this episode of This Week in Carbon, host Rene Velasquez sits down with Chris Canavan, CEO of the Global Carbon Market Utility (GCMU) — a financial markets veteran from Goldman Sachs, international...

25 Aug 54min

Inside the Integrity Crisis: What Nature-Based Carbon Markets Still Need — Toby Janson-Smith

Inside the Integrity Crisis: What Nature-Based Carbon Markets Still Need — Toby Janson-Smith

In this episode of This Week in Carbon, hosts Edward Smith and Rene Velasquez sit down with Toby Janson-Smith, CEO and Co-founder of Credegra, and former Chief Innovation and Program Development Offic...

20 Aug 48min

The Super-pollutant Hiding in Your Nylon, Your Car & Your Fertiliser — Bill Flederbach (ClimeCo)

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In this episode of This Week in Carbon, host Rene Velasquez sits down with Bill Flederbach, Founder, President and CEO of ClimeCo, one of the most established and mission-driven environmental project ...

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From a Jerry Can to Tankers: The Traders Who Built Environmental Markets — Owain Johnson (CME Group)

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In this episode of This Week in Carbon, host Rene Velasquez sits down with Owain Johnson, Managing Director and Global Head of Research and Product Development at CME Group, the man who has literally ...

27 Jul 49min

What the Retirement Data Isn't Telling You: SBTI 2.0 & the Real State of the VCM — Benjamin Massie

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In this episode of This Week in Carbon, host Edward Smith sits down with Benjamin Massie, Senior Vice President of Environmental Products at Anew Climate, the largest developer of environmental instru...

1 Jul 51min

Why Forest Cover Tells the Wrong Story: Measuring Carbon from Space — Marco Albani

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In this episode of This Week in Carbon, hosts Edward Smith and Rene Velasquez sit down with Marco Albani, Co-founder and Co-CEO of Chloris Geospatial. Marco has spent his career at the intersection of...

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