ALLCOT Trading

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carbon credits

What do you need to know before buying carbon credits?

What are carbon credits? Carbon credits are one of the three proposals that were included in the Kyoto Protocol. Their main goal is the reduction of emissions causing global warming. They were presented by Graciela Chichilnisky, an Argentine mathematical economist, in 1993. Carbon credits is a generic term for any tradable certificate that represents a …

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Carbon tokenization

Press release | Carbon tokenization starts on Polkadot

In the DAO IPCI parachain, 1000 tons of CO2 were marketed and tokenized, creating a carbon offset gateway for the Polkadot ecosystem. The first 1000 tons of carbon offsets certified by Cercarbono standard were provided by ALLCOT to Robonomics via Evercity platform. This, using DAO IPCI Kusama Chain Candidate 1 (CC1). The transaction was enabled …

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offset market choices

Offset market choices

Carbon offsets can be used to meet Paris Agreement goals or voluntary targets. However, it depends on host country policies. Bearing in mind that the work of elaborating the Paris Agreement is already completed, after nations signed off on the high-level rules regarding carbon markets at the COP26 meeting in Glasgow, we can now look …

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Renewable Gas Guarantees of Origin

What are the Renewable Gas Guarantees of Origin (RGGOs)?

Why are they important? The Renewable Gas Guarantees of Origin (RGGOs) are certificates which represent 1 kWh of Green Gas injected into the grid in Europe. The green gasses included into the RGGOs are the biomethane, the bio-propane, and the hydrogen. Still, biomethane represents the largest portion of the market. Renewable Gas Guarantees of Origin …

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Guarantees of Origin

Guarantees of Origin (GoOs): what are they and how do they work?

The European Commission pledged to reduce the European Union (EU) greenhouse gas (GHG) emission by at least 55% by 2030 under the Paris Agreement. This ambition puts the EU on a pathway to achieving climate neutrality by 2050. The energy sector is responsible for more than 75% of the EU greenhouse gas (GHG) emissions and …

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