404: When will insetting work for carbon dioxide removal?—w/ Tom Mills, Stripe Climate Fellow (former)

Everyone knows about offsetting. But what about insetting? Surely, that's easier. If only we could define it...

In this episode of Reversing Climate Change, host Ross Kenyon sits down with Tom Mills to dig into the physical reality of carbon dioxide removal (CDR) and its intersection with heavy industry, mining, and global agricultural supply chains.

Drawing from his experience working in mining governance across Africa and South Asia, Tom shares how the physical, logistical, and geopolitical challenges of heavy industry perfectly parallel the hurdles facing the scaling of CDR today. The conversation explores Tom's journey into carbon removal while living in India, where he realized how the region's unique geology and agricultural needs make it an ideal landscape for scalable climate solutions like biochar and enhanced rock weathering (ERW).

Tom was a Stripe Climate Fellow, where he focused on embedding CDR directly into global agricultural supply chains. Tom breaks down why certain premium commodity value chains—specifically coffee—are leading the charge in adopting these practices due to strict European regulations and high consumer engagement. From there, the conversation tackles the messy realities of corporate carbon accounting, untangling the nuances of "insetting" versus "offsetting," and exploring how project developers can monetize non-carbon benefits like yield optimization, nutritional density, and watershed protection.

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Stripe Climate Fellows

Mati Carbon

"Jerusalem ["And did those feet in ancient time"]" by William Blake. In fact, the episode art for this episode is from the piece that we discuss. Jerusalem, Plate 1, Frontispiece, 1804 to 1820, Bentley Copy E, © Yale Center for British Art, Paul Mellon Collection.