Blockchain Could Be the Answer to Stopping Climate Change

[HTracer]

Trading emission quotas is a sort of fines on a national economy or in other words it's disguised tax.
Methodology for assessmet "anthropogenic" greenhous gas emission  is so controversial  that still has no widespread support of scientists.

[countryfree]

What's that nonsense?

Blockchains are a way to store data among computers. What's the relation with climate change?
Worse than that, blockchains aren't very efficient. You already see miners avoiding places where electricity is expensive. If you try to estimate the whole electricity consumption of all miners around the world, I doubt anyone would see it as a green technology.

[CLIMATECOIN]

Hi everybody,

I drop you the link to a post in Medium we did last saturday. In the comments of a user and our response you can see how we plan to be able to make impact in this real problem. Using only blockchain by itself we cannot solve the problem, it is a matter of using different resources and to follow a path to mitigate certain things that are harming our earth.

https://medium.com/@Climatecoin/we-are-climatecoin-bcbfe6d1f42f

I reproduce here the answer to a customer that was asking why we are using carbon credits system if he thinks that it did not work:

"Dear Pieter our leading team is concerned about generating real impact. The Carbon credit system is a mechanism that is not perfect but that at least compensates in some way what other companies are doing against our environment. We want to use it as a way to get more profits for the environmental companies we participate in as a temporary solution to help them grow and compete in some moment with the ones that currently buy the credits and contaminate in their daily processes.

Our founding team is composed by 2 experts on making companies profitable and they know that normally these companies that create these products or services have real difficulties to be competitive. We will help them grow, invest in them and make the creation of competitive products a reality that can change the way we do things.

Our currency is created for the humanity and therefore we will be creating a portal where people will be able to post possible solutions or innovations to the problems we may face."

With the blockchain technology you can reduce costs, this is evident. For companies that produce let's call it "enviromental products" normally the problem are costs of their final products, as they cannot compete with other similars in the market. You have to help them reduce costs, make investment on them and after all that you have to help them manage their company correctly in terms of growing correctly to make their product a reality. That is what we want to do.
We want to use blockchain technology to be more competitive.

Examples of companies we would be participating and helping here:
https://futurism.com/synthetic-photosynthesis-new-tech-recycles-carbon-dioxide-faster-than-plants/
https://www.fastcompany.com/40421871/this-machine-just-started-sucking-co2-out-of-the-air-to-save-us-from-climate-change

I hope this can give some different points of view of the main idea of blockchain technology for climate change. Thanks to all of you for participating.