Yes, very. (I know it sounds silly).
Here is some more info:
https://secure.wikimedia.org/wikipedia/en/wiki/Carbon_retirement
http://www.carbonretirement.com/ <= UK company that does the same.
Topic: Buy CO2 with Bitcoins - page 2. (Read 3197 times)
You're serious ??
Yes, carbon dioxide. The stuff that you breath out and is said to be one of the causes of global warming.
I haven't set up a website yet, but will if people are interested in this.
Of course you won't be buying CO2 gas (or dry ice), but CO2 emission rights (through a Dutch NPO). Strong polluting industries get/buy these rights from governments to do CO2 emissions, if they pollute more they have to buy more rights, if they pollute less, they are allowed to sell them. This drives the price of one emission right. Within a time span a limited amount of rights are released to the market, thus regulating the amount of emission.
That's all nice, but individuals are normally not involved by this whole market. There are however a few companies/NPOs that buy these rights for individuals and let them expire (1 certificate guarantees that 1 tonne of CO2 is prevented from being released into the atmosphere). These expired rights can't be traded any more (The Dutch Emission Authority that regulates this market releases expiration certificates. The NPO sends it to the buyer of the expired rights).
So, why would you buy these rights:
1) By reducing your energy usage you can reduce your CO2 emissions, but there is a limit. With this system you can take out the remaining amount.
2) Due to the market, prices might go up a bit. Giving strong polluters incentives to invest in less polluting technologies.
3) Direct result of less CO2 in the air.
Costs are 20,60 euros (around 80btc) per right plus 10 euros (around 40 btc) transaction costs (independent of the amount of rights bought).
I will of course accept any amount and just add everything up.
The idea is to setup a site where people can buy the rights. I'll transfer them to euros when we have enough to buy a few rights (transaction costs are quite high for one single right). The expiration certificates will be published on that site.
Are people interested in this idea? Feedback, suggestion, questions are welcome.
I haven't set up a website yet, but will if people are interested in this.
Of course you won't be buying CO2 gas (or dry ice), but CO2 emission rights (through a Dutch NPO). Strong polluting industries get/buy these rights from governments to do CO2 emissions, if they pollute more they have to buy more rights, if they pollute less, they are allowed to sell them. This drives the price of one emission right. Within a time span a limited amount of rights are released to the market, thus regulating the amount of emission.
That's all nice, but individuals are normally not involved by this whole market. There are however a few companies/NPOs that buy these rights for individuals and let them expire (1 certificate guarantees that 1 tonne of CO2 is prevented from being released into the atmosphere). These expired rights can't be traded any more (The Dutch Emission Authority that regulates this market releases expiration certificates. The NPO sends it to the buyer of the expired rights).
So, why would you buy these rights:
1) By reducing your energy usage you can reduce your CO2 emissions, but there is a limit. With this system you can take out the remaining amount.
2) Due to the market, prices might go up a bit. Giving strong polluters incentives to invest in less polluting technologies.
3) Direct result of less CO2 in the air.
Costs are 20,60 euros (around 80btc) per right plus 10 euros (around 40 btc) transaction costs (independent of the amount of rights bought).
I will of course accept any amount and just add everything up.
The idea is to setup a site where people can buy the rights. I'll transfer them to euros when we have enough to buy a few rights (transaction costs are quite high for one single right). The expiration certificates will be published on that site.
Are people interested in this idea? Feedback, suggestion, questions are welcome.
Jump to: