Your browser does not support the HTML5 canvas tag.
Εγχειρίδιο χειρισμού κρίσεων λόγω πολιτικών ΔΝΤ από τη CIA! / Already confirmed: Civil liberties under attack! / Greece's creditors gone completely insane! / How the global financial mafia sucked Greece's blood / ECB's economic hitmen / Η Μέρκελ επιβεβαιώνει τα σχέδια των γραφειοφασιστών! /Greece: the low-noise collapse of an entire country/ How the neoliberal establishment tricked the masses again, this time in France / Ενώ η Γερμανία προετοιμάζεται για τα χειρότερα, η Ελλάδα επιμένει στο ευρώ! / Ένας παγκόσμιος "proxy" πόλεμος κατά της ελευθερίας έχει ξεκινήσει! / In reality, McCarthyism never ended in America / Ο επικεφαλής του "σκιώδους συμβουλίου" της ΕΚΤ επιβεβαιώνει ότι η ευρωζώνη είναι μια χρηματοπιστωτική δικτατορία! /With a rising Jeremy Corbyn and a declining Angela Merkel, Brexit has been upgraded to play a much more critical role / Δημοψήφισμα για Grexit: η τελευταία ευκαιρία να σωθεί η Ελλάδα και η τιμή της Αριστεράς / Populism as the new cliche of the elites to stigmatize anyone not aligned with the establishment / Δεν γίνεται έτσι "σύντροφοι" ... / Panama Papers: When mainstream information wears the anti-establishment mask / The Secret Bank Bailout / The head of the ECB “shadow council” confirms that eurozone is a financial dictatorship! / A documentary by Paul Mason about the financial coup in Greece / The ruthless neo-colonialists of 21st century / First cracks to the establishment by the American people / Clinton emails - The race of the Western neo-colonialist vultures over the Libyan corpse / Επιχείρηση Panama Papers: Το κατεστημένο θέλει το μονοπώλιο και στις διαρροές; / Operation "looting of Greece" reaches final stage / Varoufakis describes how Merkel sacrificed Greece to save the Franco-German banks / France officialy enters the neo-Feudal era! / The US establishment just gave its greatest performance so far ... / A significant revelation by WikiLeaks that the media almost ignored / It's official: the US is funding Middle-East jihadists! / Οι αδίστακτοι νεο-αποικιοκράτες του 21ου αιώνα / How to handle political unrest caused by IMF policies! / Πώς το νεοφιλελεύθερο κατεστημένο ξεγέλασε τις μάζες, αυτή τη φορά στη Γαλλία / Οι Γάλλοι νεοαποικιοκράτες επιστρέφουν στην Ελλάδα υπό 'ιδανικές' συνθήκες / Μεγαλώνει ο πανικός της Γουόλ Στριτ μπροστά στην προοπτική των κρυπτονομισμάτων

23 January, 2018

Climatecoin aims to be the world’s first carbon-neutral cryptocurrency

Climatecoin, an Ethereum-based cryptocurrency, has partnered with a carbon credit exchange in an effort to help in the fight against climate change. The move is expected to lead to the creation of the world’s first blockchain-based platform for carbon credits trading.

Carbon emissions are wreaking havoc on our environment, and one way the world is attempting to combat this problem is through the use of carbon credits, an approach agreed upon by most of the world’s nations through an international treaty called the Kyoto Protocol.

The idea behind the system is that everyone has a limit to the emissions they can produce. If a nation wants to exceed its limit, it must purchase a carbon credit. Each of these carbon credits serves as a permit to produce a certain amount of emissions; for example, one credit might equal one ton of carbon dioxide emissions.

If an entity ends up with extra carbon credits, it can trade them to others on markets such as the European Union’s Emissions Trading System (ETS).

From this system emerged voluntary carbon offsets. These give companies and consumers the ability to pay a certain amount to offset their own emissions. For example, an airline might ask passengers if they want to pay an extra $20 when purchasing a ticket to offset the emissions caused by their flight.

The money used to purchase carbon credits and offsets is given to projects attempting to help the environment, such as by developing renewable energy systems or protecting forests.

These credits give purchasers a way to effectively cancel out the amount of emissions they produce. They’re doing something bad to the environment, so they give money to someone attempting to do something good for it.

More:

No comments:

Post a Comment