ALLCOT Trading

Carbon Offset

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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Eolic park

South Africa’s carbon tax: how does it work?

The price set on Greenhouse Gas (GHG) emissions is known as a carbon tax. It plays a central role in reducing GHG emissions and combating climate change. It is a financially flexible tool that automatically encourages consumers and producers to shift towards energy options that emit less carbon, whatever those options may be. Economists call …

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