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Carbon Equality
Carbon Equality is a global initiative for carbon markets transformation on principles of transparency and equality.
We unite those who reduce greenhouse gases emissions in the most effective manner and those who needs this reduction.
THE INITIATIVE – WHAT IT IS
Carbon equality initiative (Initiative) – a broad based social movement for a radical Reformation of the climate movement, changing the principles of the carbon market, a steady transition from the baseline 2021 to low emissions target year of 2050, and the elimination of bureaucratic obstacles along the way
Our Manifesto calls for the transformation of the fight against global climate change from a scientific and bureaucratic undertaking into a task in which all inhabitants of the Earth are involved on the principles of equality.
Our efforts are aimed at changing people’s lifestyles, ways of production, reorienting them towards economical consumption of resources and the implementation of low-carbon practices while maintaining their usual way of life.
The main task is to expand the volumes and correctly register the results of de-emissions – actions aimed at reducing (preventing) greenhouse gas (GHG) emissions, their capture and disposal, and increasing the absorption capacity of natural complexes compared to the level of the base year 2021.
Each ton of de-emissions measured in CO2 equivalent (CO2e) is equal to another, regardless of the type of project, its location or industry where it was produced, and which company verified it.
Corporations, small businesses and households under the Initiative take full part in the fight against global climate change on an equal footing with large corporations and entire countries.
We know what Initiative supporters should do.
Why it is necessary
1. Global climate change problems: GHG content and emissions growth, Paris agreement goals are unachievable.
GHG content in the air increases by 0,5-0,7 % yearly. Total emissions increase by 350-500 million tons every year with the population growth. Per capita emissions of 6,6 thousand tons per year remain unchanged
2. Climate movement is mired in bureaucracy, corruption, efforts simulation, a parade of ambitions, climate fakes, the realization of the selfish interests of individual corporations and countries.
A radical reformat of the climate movement is needed
The novelty of our approach
Our approach differs from what has been done before
We move away from discredited practices and carbon markets based on assumptions often leading to distortions and corruption.
The current attempts by burgeoning “carbon” blockchain platforms to “crypto-hit” the existing uncertain and sluggish carbon markets only confuses the situation without doing any good to the Earth’s atmosphere.
Subjectively set “baselines” and scenario approach | confirmed amount of GHG emissions in 2021 – base year |
primarily specially certified climate projects | declarative procedure of any climate action implementation leading to sustainable GHG de-emission |
numerous complicated and discorded standards for assessment of climate actions results | simple relevant methodologies based on the use of databases, specific indicators and correction factors. Automation of assessment, verification and monitoring of GHG emissions, carbon units and issuer’s carbon footprint |
nominally defined project limits | GHG emissions and changes thereof are registered for the main subject of climate activity (i.e. natural of legal person, enterprise, city or country) |
carbon units are priced differently depending on project type, industry, region, verifier. | all carbon units are deemed equal regardless of de-emission method |
Requirement to implement de-emission first and foremost at own facility, even if it is difficult to execute. | Climate activity is aimed at GHG content reduction in the Earth atmosphere and not in the emissions of a particular enterprise. Incentives to obtain CU from most effective producers thereof |
Recognition of projects only receiving targeted financing | Any source of climate action funds is acceptable, if additional GHG de-emission is achieved. |
Emitter’s carbon footprint includes emissions from consumed resources and emissions from the use of the products emitter manufactures, along with emitter’s own emissions. | Emitter’s carbon footprint does not include emissions from emitter manufactured products. Efforts are concentrated on lower emissions from energy and raw materials used by the emitter |
Different methods of carbon units estimation and their treatment in voluntary and compulsory systems | Clarifying the concept of a carbon unit, establishing its common understanding in mandatory and voluntary systems |
HOW IT WORKS
1. De-emisson
De-emission – implementation of measures leading to the reduction of emissions or GHGs removal from the atmosphere.
The result of this process can be registered in defined tons of de-emission (DTD)
2. CU and Register
CU is entered into the Carbon Registry and can be used to offset carbon footprint of other emitters. 1 DTD=1 CU= 1 ton of de-emission in CO2e
3. DCRT
Digital Carbon Unit – DCRT – liquid marketable asset backed by CU stored in the Registry
4. Cancellation
Any person wishing to offset own carbon footprint may acquire DCRT and cancel them thus offsetting own GHG emission.
De-emission
De-emission – is a key concept of the Initiative.
De-emission is carried out by any person – natural or legal – in the process of implementing activities that lead to GHG emission reduction, removal , storage , improvement of absorbing capacity of natural complexes.
De-emission results have to be verified according to the procedures adopted by the Initiative solely by the emitter or by designated professional organizations using specially designed software. De-emission measures implementation is expected to be declarative. Accounting is carried out in Defined tons of de-emission (DTD), where 1 DTD=1 ton CO2e is confirmed by emitter’s assessment and verified by the Initiative’s adopted procedure.
Carbon Units (CU) and Register
DTD can be recorded as Carbon Units (CU) if annual accumulated excess of the Emitter since base year till the year preceding current is offset. CUs can be used for sale or exchange and is eligible to offset carbon footprint of other emitters.
Carbon Units and DTD are recorded in a special Registry.
Currently the Registry contains 1000 million tons of DTD/CU
DCRT
How to acquire digital carbon units DCRT
CU stored in the Registry back digital carbon units – DCRT. Thus DCRT is a derivative of CU available for sale, stored in the registry. DCRT is a digital asset with great usability.
How to cancel your emission
As DCRT are backed by real carbon units – tons of CO2e de-emission – they can be canceled to offset emitter’s carbon footprint. As DCRT s are “burnt” they are transferred to special purses that can not be accessed and same amount of CUs is canceled – i.e..get deregistered. Millions of CUs in the registry are eligible for emitters who would like to offset carbon footprint – own or mankind’s. NFT certificates, confirming carbon footprint in mitigation in CO2et are issued at request.
Emission and carbon footprint evaluation
We enable the assessment of the carbon footprint:
– for individuals using the carbon footprint calculator
– for legal entities using specialized software or with the help of professional organizations
– after verification (re-verification), the assessments obtained by emitters earlier can be taken into account.
The Initiative, at the request of the Client, with the participation of partner professional organizations (PPOs), can also provide the following assessment services:
• the mass of the issuer’s emissions for a certain period;
• the emitter’’s carbon footprint for the year or since the beginning of the base period (2021);
•results of de-emission measures in tons of CO2e, assistance in obtaining DTD and CU