Zero Carbon Project Allows the CO2 Emissions Reduction and Potential for International Carbon Credits

Renewable energy holds a particularly unique space in the energy market. From many aspects, it represents one of the most effective tools to prevent climate change. Though renewable resources are cheap to operate, building such facilities is very expensive.

https://www.zerocarbonproject.com

A subsidiary company of the Beond Group Ltd., the Zero Carbon Project (ZCP) allows companies to offset carbon emissions, caused by their activities. With its key element, Zero Carbon Market (ZCM) the company intends to establish a global market list of the energy suppliers.

Decarbonizing the energy system

The electricity generation sector is the one that most requires decarbonizing. The ZCP will allow companies that agree on importance of cutting carbon emissions, to cooperate and provide ways to transition to a zero-carbon energy system. Achieving this goal requires progress on two dimensions: Energy productivity with the system of low-priced contracts, and the opportunity to trade carbon credits.

https://www.zerocarbonproject.com

The ZCP relies on energy contracts that are agreements between energy consumers and energy suppliers. That is, energy suppliers can attract new customers, whereas consumers can enter into a lower-priced contract. Energy Token (NRG) is a main drive of the entire ecosystem: Consumers will be rewarded with tokens for their contribution to the project.

The ZCM is a list of energy suppliers that contains prices and contract terms, so that potential consumers can use a comparison option to find a suitable solution. Energy suppliers are the ones who collect energy from renewable sources, such as wind and solar farms, or traditional energy sources on the condition that they purchase carbon credits to compensate for the release of harmful gases.

The ZCP transition strategy

The ZCP energy transition implies a new approach to the energy productivity. To facilitate this, the ZCP will introduce an online comparison software. First and foremost this includes the markets of the UK and Australia. Given the increasing scope of international energy markets, other EU countries as well as Canada, the USA and Japan will be able to join the project. Additionally, not only organizations, but also household consumers can conclude contracts with energy suppliers. That is, individuals and companies can reduce their CO2 emissions in a cost effective way.

While consumers are suggested to be mainly attract to a comparison platform, organizations can utilize a reverse auction software. Reverse auctions will be used to assist businesses in finding energy suppliers.

Token Sale Plan

NRG Token is a means of payment on the platform. Public ICO will be announced on the official website of the project:

The pressing need to find a solution to the problem of carbon dioxide emissions has let to a process design of capturing the CO2 waste. The system of carbon credits, which is an integral part of energy policies, will be implemented into the Zero Carbon Project to enhance companies' environmental awareness in the industrial sector and allow for green energy production. Within this framework companies will be able to fulfill the expectations of their environmentally conscious stakeholders as well. The project aims at creating a highly competitive setting for its participants.

Links:

Website: https://www.zerocarbonproject.com/
WhitePaper: https://bit.ly/2jA1Rf9
Telegram: https://t.me/ZeroCarbonProject
Facebook: https://bit.ly/2yJE3Qn
Twitter: https://twitter.com/ZeroCarbonPrjct
Medium: https://medium.com/zero-carbon-project
ANN: https://bitcointalk.org/index.php?topic=3396140.0
Author: https://bitcointalk.org/index.php?action=profile;u=2201409

Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.