description: certificates that allow the holder to emit a certain amount of carbon dioxide, often traded as part of emissions reduction schemes
96 results
by David G. W. Birch and Victoria Richardson · 28 Apr 2024 · 249pp · 74,201 words
and creates a VC that can be used later for a number of transactions, including logging into an HSBC account, purchases, applying for a loan, carbon credits and much more. This HSBC ID could draw on any number of identity issuers, from government agencies and credit bureaus to telcos and utilities. With
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doesn’t need to be an existing customer of KBC to use the service, making it a very smart customer acquisition tool also. Case study: carbon credits One area in which this distinction between tokens and VCs is becoming helpfully clear is in the voluntary and compliance carbon markets. The carbon markets
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allow carbon emitters to offset their greenhouse gas (GHG) emissions by purchasing carbon credits created by projects targeted at removing or reducing GHG emissions. In some markets, allowances can be sold – such as in the EU Emissions Trading System
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also acts as a coordination tool to produce ‘auditable, traceable, and reproducible records that document the measurement, reporting, and verification (MRV) process and lifecycle of carbon credits’, and it enables their retirement when claims are made on the public ledger. Hedera’s vision is that organizations delivering carbon projects will deploy their
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September 2023 ALLCOT IO, the digital arm of established climate leader and project developer ALLCOT, undertook to onboard ALLCOT’s 500 million tonne portfolio of carbon credits to the Guardian ecosystem (Geisenberger 2023). Alongside the carbon tokens that it mints, Guardian publishes a ‘trustchain’ of signed data as VCs to allow independent
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Apple’s Vision Pro really for? Harvard Business Review, 1 October (https://tinyurl.com/22ua373j). Geisenberger, W. (2023). ALLCOT onboards 500 million metric tonnes of carbon credits with the Hedera Guardian. Report, 13 November, HBar Foundation (https://tinyurl.com/ywpkvju4). George, N., Dryja, T., and Narula, N. (2023). A framework for programmability
by Ernest Scheyder · 30 Jan 2024 · 355pp · 133,726 words
pains to share their green credentials. Through the Natural Capital Exchange, for instance, the Snowdons sold carbon credits to Microsoft; the family would plant trees to soak up carbon and the software giant would buy the carbon credits. They were planning to install solar panels and wind turbines on their acreage. They owned a
by Meredith. Angwin · 18 Oct 2020 · 376pp · 101,759 words
.syracuse.com/news/2016/08/dozens_of_cny_residents_flood_albany_meeting_on_nuclear_subsidies.html. 190 Jeff St. John, “New York’s Nuclear Zero-Carbon Credits Pass Federal Court Challenge,” gtm: (website of Greentech Media), September 27, 2018, https://www.greentechmedia.com/articles/read/new-yorks-nuclear-zero
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-carbon-credits-pass-federal-court-challenge#gs.8zkb0k. 191 Press Release by Environmental Defense Fund, “Appeals Court Upholds New York Clean Energy Plan,” EDF: Environmental Defense Fund (
by Bernard Lietaer and Jacqui Dunne · 4 Feb 2013
built into the biomass processor equipment. Such sensors could include an automatic satellite positioning mechanism that identifies the exact location at which the carbon credits are being generated. Furthermore, the carbon credits could be independently verified by satellite, tracer systems, and/or soil sampling. The payment system for CPX exchanges could use highly advanced
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specific groups of producers and could exchange the seeds, fertilizers, or equipment they produce for farmers’ carbon credits. In short, those corporations would be buying not only Strategies for Banking 117 carbon credits but also market share in these new and emerging technologies. This would motivate these corporations to bid up the value of
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the CPX carbon credits at higher levels than the regular carbon credit market. The advantage to the farmers is that the bidding among corporations on the CPX would provide them with a higher value
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—a premium—for their carbon credits than the more anonymous conventional carbon credit markets. In terms of access to banking ser vices, estimates are that 3 billion people globally do not have a bank account
by Daniel Yergin · 14 May 2011 · 1,373pp · 300,577 words
membership in the World Trade Organization. Additionally, Russia, with its reduced industrial output, could earn substantial revenues from selling “hot air” in the form of carbon credits.8 So Kyoto was now in business. But how to establish the actual markets for clearing trades in carbon? As it turned out, work on
by Charles Eisenstein · 11 Jul 2011 · 448pp · 142,946 words
a fiction: no one is ever going to exchange their terras for actual, physical delivery—on their doorstep—of the prescribed combination of oil, grain, carbon credits, pork bellies, iron ingots, and whatever else is on the list. No single person ever needs any of these things in his personal possession. Their
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, create, and preserve: by undeveloped land, clean water and air, great works of art and architecture, biodiversity and the genetic commons, unused development rights, unused carbon credits, uncollected patent royalties, relationships not converted into services, and natural resources not converted into goods. Even, indeed, by gold still in the ground. Not only
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other tradable emissions allowances.3 Although such systems have borne mixed results in practice (sulfur dioxide ceilings have been relatively successful, while the EU’s carbon credits have been a disaster), in principle they allow us to implement a collective agreement on how much is enough. “Enough” depends on the capacity of
by Faisal Islam · 28 Aug 2013 · 475pp · 155,554 words
supply and demand for the credits. If all traders are emitting too much carbon, the price of permits will skyrocket. The higher the price of carbon credits, the greater the incentive for polluting industries to rein in their emissions. That is the theory that drives the carbon traders of Kingston upon Thames
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out of this bonanza. The largest oil firms in the world lobbied for a system of ‘upstream cap-and-trade’ in the USA, in which carbon credits are earned and traded by the companies actually physically removing hydrocarbons from the ground, rather than those who actually burn the oil, gas and coal
by Philip Mirowski · 24 Jun 2013 · 662pp · 180,546 words
solved, ultimately not by the state, but rather by the market. The promotion of denialism buys time for the other two options; the financialization of carbon credits gets all the attention in the medium term, while appeals to geoengineering incubate in the wings as a techno-utopian deus ex machina to swoop
by Matt Ridley · 17 May 2010 · 462pp · 150,129 words
would encourage employment and discourage carbon emissions. The way not to get there is to pick losers, like wind and biofuel, to reward speculators in carbon credits and to load the economy with rules, restrictions, subsidies, distortions and corruption. When I look at the politics of emissions reduction, my optimism wobbles. The
by Jaron Lanier · 6 May 2013 · 510pp · 120,048 words
How Great Are Our Powers? Waiting for Technology Waiting for Politics What Can We Do About Big Data and the Reality Problem? Carbon Copies Ruin Carbon Credits How Fighting “Fraud” Might Also Fight “Scams” Feeding the Frenetic Mind of the Networked Person It’s All in the Timing The Treachery of Toys
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technology should create a persistent expansion of markets by monetizing more and more information, enshrining the potential for non-zero-sum thinking. Carbon Copies Ruin Carbon Credits If economics were perfect, then human activity would be aligned with human interests—or at least that ideal is the only imaginable one for economics
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sources of illusion that might distance economic motivations from reality. I suspect that Sirenic effects are already creating illusions that dilute the potential benefits of carbon credits, for example. Such credits are one approach to making markets rally to fundamental needs—as opposed to random projects like building empty suburbs. The very
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is based on a feedback model that is fast enough to be relevant to one’s decisions. Long-term global outcomes are not fast enough. Carbon credits attempt to bridge that gap. However, in the context of today’s dysfunctional, one-sided networked finance, there is a risk that catastrophic speculation and
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overwhelm the original purpose, should those credits become more widely used. On the other hand, absent those scams, carbon credits will have a hard time gaining traction. Governments can introduce exceptional mechanisms like carbon credits, but these don’t seem to rise to the forefront of investment strategies in their own right. The reason
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why is that “scammy” investments offer better returns, and for carbon credits to compete, they’d have to become scammy, too, but they benefit from too many altruistic guardians to allow that to happen. Therefore, the prominence
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and influence of carbon credits are limited. How Fighting “Fraud” Might Also Fight “Scams” Exotic and experimental ideas in finance are not necessarily scammy. Betting on the climate has a
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bet that the improvement of reality couldn’t keep up with the supernatural and extrahuman realm of “something from nothing.” They are the opposite of carbon credits. Feeding the Frenetic Mind of the Networked Person So, one potential benefit of retiring Siren Servers is to make room for investments like
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carbon credits. But there is another network idea for addressing climate change that might also work, based on the way networking feels. Networking feels like a game.
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, 43–46, 47, 49, 66–67, 79, 208, 243, 246–48, 258, 260–63, 272, 273n, 277, 329 capital resources, 86 “captured” populations, 170–71 carbon credits, 87, 88, 298–99, 300, 301–3, 314 cartels, 158 Catholic Church, 190 cell phones, 34n, 39, 85, 87, 162, 172, 182n, 192, 229, 269n
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