Can advance market commitments jumpstart climate’s hardest sectors? episode artwork

EPISODE · Oct 3, 2025 · 36 MIN

Can advance market commitments jumpstart climate’s hardest sectors?

from Volts · host David Roberts

In this episode, I chat with investor Clay Dumas of Lowercarbon Capital about the growing use of “advance market commitments” (AMCs). We discuss how this simple idea — a group of buyers commits to purchasing a set amount of a product if it can be produced — can derisk investment and jumpstart innovation in the climate economy’s toughest sectors. Clay explains what makes for a well-designed AMC and how it can accelerate the path to commercialization for everything from carbon removal to green steel. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.volts.wtf/subscribe

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Can advance market commitments jumpstart climate’s hardest sectors?

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This episode is 36 minutes long.

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This episode was published on October 3, 2025.

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In this episode, I chat with investor Clay Dumas of Lowercarbon Capital about the growing use of “advance market commitments” (AMCs). We discuss how this simple idea — a group of buyers commits to purchasing a set amount of a product if it can be...

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