Zero Carbon Project: Blockchain based solution for climate change

stazhao (61)in #ethereum • 6 years ago

One of the most pressing challenges faced by today’s mankind is climate change due to global warming. This climate change is threatening the natural equilibrium in our atmosphere and hence poses alarming risks to our life style.

The energy experts all over the world are putting all their efforts to find a better alternative to fossil fuels for electricity generation to cut down the carbon emissions and have developed renewable energy technologies which of course have offered a solution but they are still too expensive and therefore their impact on reducing carbon emission is also limited. The reality on ground is, the consumers understand the problem posed by climate change but they still prefer to use the cheaper and affordable electricity which is generated by using fossil fuels.

Zero Carbon Project has offered the most innovative and revolutionary solution to reduce the carbon emission. This project is divided into two parts which are as below:

Zero Carbon Markets which offers a much lower price while connecting the consumers to Zero Carbon Energy.
Energis Tokens which will be offered to the consumers as a reward for consuming zero carbon energy bought from the Market.

The ‘Zero Carbon Market’ connects the consumers with an extremely competitive marketplace that offers an opportunity to purchase the energy generated from renewables, nuclear or by burning fossil fuels with carbon emissions fully regulated according to international carbon credits.

International carbon credits will enhance the ability to reduce the carbon emissions because they can be obtained at a low price which is made possible due to the intense competitiveness of the Market.

Zero Carbon Project has connected blockchain technology with its platform that has created a secure and transparent economy based upon Energis Tokens.

Energis Tokens will be used by the energy suppliers to pay the transaction fees to the Zero Carbon Project out of which 70% will be returned to the consumers as a reward for using the Zero Carbon Project as a platform to engage with the energy suppliers.