Carbon offsetting tokenisation platform JustCarbon to raise funds
JustCarbon, a blockchain-powered marketplace for carbon offsetting, has teamed up with SeedLegals to launch first carbon-neutral investment.
4 Ways to Get Paid with Carbon Credits!
Click on the link below for the full blog post
Hey wutz up, today I want to talk about 4 Ways to earn money with carbon credits.
Some people feel when too much carbon enters the atmosphere it creates climate change, you know crazy weather that sucks.
It’s VERY hard for a business to completely eliminate its carbon footprint so it pays money for people to do this. It pays for carbon credits.
People can create these credits by doing things that take carbon out of the atmosphere.
If a business reduces its carbon footprint then it’s rewarded by saving money on these credits.
Thus everyone wins.
The first way is you have to own some land that has forest. Most of these programs have strict requirements, but I found 1 that will pay you with no acre minimum and 0 fees to participate.
Another program I’ve found pays more money but you need to have at least 30 acres of land to qualify.
The second way to earn money with carbon credits is to go on a exchange and buy these credits. Hopefully, the price goes up and you can sell the carbon credits for a profit.
The 3rd way is invest in a fund that deals with carbon credits and one fund that does this is Kraneshares Global Carbon ETF or KRBN for short.
It’s a new fund, but the price has been shooting up since getting started.
The forth way has to do with old refrigerators. These old refrigerators have freon that is unhealthy for the environment. There is a way you can find these old refrigerators and recycle them and get carbon credits.
You then take these carbon credits on an exchange and trade them for cash.
I’m sure there are many other ways to earn money with carbon credits. If you know of any please leave a comment and share.
If you wondering how you do this I created a blog post that goes into more detail on these 4 ways to earn carbon credits.
I also share at least 3 ways you can earn money going green. If you want to check out that blog post just click on the link below or go to
Have a great rest of your day. Bye for now.
The Carbon Offset Problem
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Exposing the Carbon Credit and Offset SCAM
Carbon credits are a way to reduce our carbon emissions and our carbon footprint to ensure a sustainable planet for future generations. Just like with most ideas, carbon credits started off with honest intentions but loopholes have turned it into a bookkeeping trick. Credits can be a greenwashing tactic that allow companies to mislead customers without making any improvements to their business model.
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1:06 Cap and trade market
1:49 Voluntary market
2:37 Kyoto Protocol
5:05 Paris Agreement
9:09 Carbon Credit Cost
There are 2 broad types of carbon markets. The first is a mandatory ‘cap and trade’ program. Governments set a limit or cap on the emissions permitted across a certain industry. If a company goes over their allowance, they can buy more carbon credits from their market to continue emitting gases. The second type of carbon market is the voluntary offset program. This allows businesses, nonprofits, and individuals to offset their emissions by choice.
The carbon credit market was created as part of the 1997 Kyoto Protocol. This legally binding international agreement required only developed nations to cut CO2 emissions. It aimed to decrease overall emissions by 5% from 1990 levels. However, UN officials have since confirmed that Russian and Ukrainian oil and gas companies exploited loopholes and actually increased carbon emissions by 600 million tonnes.
The Paris Agreement of 2015 declared a new set of targets and asked all nations to reduce greenhouse gas emissions, not just developed nations. Its goal is to limit global warming to 1.5 degrees Celsius, compared to pre-industrial levels. The Paris agreement is voluntary and non-legally binding.
Jim Hourdequin, CEO of Lyme Timber recently exposed the fraudulent carbon credit system in this Bloomberg article by Ben Elgin. They earned $53 million from these environmental transactions over the past two years. Lyme Timber also received $20 million for protecting 47,000 acres of hardwood forest in West Virginia. However, the land was so rugged and steep that the trees couldn’t have been harvested anyway.
Here’s another example of dodgy carbon credits. An oil company, Royal Dutch Shell, delivered a carbon neutral tanker of LNG or liquified natural gas to Taiwan by investing in ten year old forest projects in Ghana, Indonesia and Peru. In 2020, a French oil company, Total, also delivered its first shipment of carbon neutral LNG. How can you extract natural gas in Australia, ship it to China and claim it’s carbon neutral? By buying a 10 year old wind farm in northern China called Hebei.
In addition to these greenwashing loopholes, the actual cost of each carbon credit can vary drastically from less than $1 per ton to over $50 per ton. The cost depends on the effectiveness of the carbon offset project, the location and additional benefits. For example, Bill Gates spends $600 per ton to negate emissions from his private jet. Microsoft pays an average of $20 per ton. On the lower end, Delta Air lines pays about $2.30 per ton. They spent $30 million on 13 million offsets, so they were able to declare themselves carbon neutral last year.
Tackling carbon emissions and climate change is very tricky. Carbon credits are a way to quantify emissions and pollutants so they are a step in the right direction. But it is very important to identify the loopholes, flaws or scams in the system and address them instead of ignoring them due to the fear of being labeled a climate change denier.
http://morganfoundation.Russia, Ukraine dodgy carbon offsets cost the climate – studyorg.nz/wp-content/uploads/2016/04/ClimateCheat_Report9.pdf
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#carboncredit #climatechange #scam #greenenergy #environment #carbon
Intro to JustCarbon Ep1: What’s wrong with the Carbon Credit market?
For more information please visit the JustCarbon website: https://www.justcarbon.com/
Ep1 What’s wrong with the Carbon Credit Market?: https://youtu.be/BmnlvPJaiT4
To get you started in the JustCarbon Explainer series we outline the way the current Carbon Credit Marker works and where we think it could be improved.
Ep2 Introduction to JCRs: https://youtu.be/EA7RWCrtuKI
We go more in-depth with what JustCarbon offers and introduce the JustCarbon Removal Token.
Ep3 Quality & Carbon Removal Focussed: https://youtu.be/6UIbvk2y-_0
In this episode, we explain why JustCarbon is Carbon Removal Focused and why the quality of our Carbon Credits is so important to us.
Thanks for watching and keep an eye out for more content coming soon!
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