Value proposition of Carbon Zero
Last updated
Last updated
The bright red line depicts the monthly average carbon dioxide concentration at NOAA's Mauna Loa Observatory in Hawai'i in parts per million (ppm), which is the amount of carbon dioxide molecules per million dry air molecules. In the Northern Hemisphere winter, values are higher, and in the summer, they are lower. The annual pattern is represented by the dark red line, which is a 12-month rolling average.
Carbon dioxide in the air is increasing every minute as we speak, with a direct impact on the climate system of the only planet we call home. Majority of emissions can be traced to carbon-intensive industries. These heavy emitters need to adopt radical CO2 reduction solutions and quickly, given that the Paris Agreement’s 2050 emissions target deadline – supported by national net-zero emissions targets and the International Maritime Organization’s goal of halving shipping emissions – is moving closer.
As such, Carbon tax is the reality that corporations across the planet are facing. There are several options, including switching fuel to renewables, improving energy efficiency, or deploying Carbon Capture and Storage (CCS). In selecting new technologies, carbon-intensive industries must ensure that whatever choices they make will help them reach these targets within the next 30 years.
One of the key strategies for every nation has been carbon tax. Carbon allocations are already traded, and bringing a decentralized carbon exchange can bring masses to this movement. This is what Carbon Zero .finance is; a groundbreaking solution enabling everyone to trade carbon in cryptocurrency conveniently, securely and privately, while streamlining markets across the world.
Carbon Zero is all about advancing the mass move towards a decentralized carbon economy. It is set to achieve its goals by crypto-incentivization, a mass-adoption-ready intuitive platform, employment of DeFi principles with trustless smart contracts for generating unprecedented value for participants and remedying outdated problems.
Our vision for an autonomous, transparent, user-friendly platform that will inject the industry-disruptive capabilities of blockchain technology into Carbon Capture and Storage, from applying immutable records of Carbon Capture and fraud prevention, through staking pools enabling participants to draw loans for investments in green projects or equipment, and to making sending and receiving Carbon tax payments and Carbon allocation deposits in cryptocurrency between individuals and corporates as easy as a click of a button are explained in this document, detailing the following:
The ecosystem: from automating engineered monsters that eat up the carbon, automating processes and services across a decentralized ecosystem.
The technology: how blockchain technology can be best implemented & utilized in this sector of the industry. Engineering designs and systems for Carbon Capture and Storage.
The market: the scope, the need, the possibilities and the unique opportunity.
