About the Equal Carbon Initiative

About the Carbon Equality Initiative

What Is the Carbon Equality Initiative (CEI)?

The Carbon Equality Initiative is the first of its kind to fight and prevent the negative impact of climate change through cryptocurrency.

This initiative incorporates the principles learned from the Kyoto Principle and uses the advantages of voluntary carbon markets to determine the best way to reduce an entity’s carbon footprint.

Some of the initiative’s goals include(s):

Enhance natural de-emitters

increase absorption of natural de-emitters like land and oceans to decrease GHG output.

Reduce GHG in the Atmosphere

Reduce GHG in the atmosphere incorporate new and sustainable technologies to significantly reduce the amount of GHG in the atmosphere.

Adapt to Global Warming

CEI intends to implement its methodology through two stages to achieve these goals.

The first stage uses the initiative as a social movement to see the importance of human activity rather than unnecessary bureaucracy in preventing climate change. When this social movement grows successful, regulations would need to implement this initiative worldwide in different countries to speed up the recovery of the earth’s atmosphere.

Important Principles of the Carbon Equality Initiative

A large share of Equal Carbon Initiative proceeds will be utilized to support reforestation efforts, which have already been proven to be an effective way of absorbing CO2 emissions.

Slide 2

Worldwide Unity in Aiding the Earth’s Atmosphere

The main problem is when countries and companies focus on initiatives designed for a localized area. Thus, despite the numerous initiatives, these are not enough to completely prevent climate change.

Instead of being individualistic in this initiative, it is important to understand that the reduction of GHG must be a worldwide endeavor. The de-emission of enterprises and production units should only be for the sole purpose of reducing GHG in the Earth atmosphere

Slide 3

Equality of GHG De-Emission Methods

It is important to understand that all carbon units are equal. Thus, it is necessary to remove any bureaucratic protocols in this endeavor to fully create better carbon de-emission assessment methodologies. This principle also extends to seeing other de-emission projects and technological changes as equal, provided that the sole purpose of these projects is the same.

Slide 4

Unified Methodology

The Unified Methodology intends to unify all these methodologies into one unified protocol and objective to assess the most suitable model for de-emission. The initiative intends to incorporate the most successful methodologies from successful protocols like Vera, Gold Standard, American Carbon Registry, Climate Action Reserve, and the like.

In other words, this initiative intends to remove the significant influence of bureaucratic routine and politically fueled initiatives. Eventually, the lack of control from these forces will allow the initiative to create an effective framework that can perform on a global scale to assess and verify carbon units.

Slide 5

End-to-End Emissions Accounting

Traditionally, countries implemented a cap-and-trade program that allows entities to reduce the amount of carbon emitted into the atmosphere. Unfortunately, the accounting standards for global emissions accounting are still not complete to properly account for intangible values like carbon credits. The initiative offers an end-to-end emissions accounting designed to take into account all components of this process.

The initiative needs to consider the factors affecting GHG emissions, like population growth and material production. Understanding these factors will provide a good background of the amount of GHG emissions released by these factors while incorporating the base level of the 2019 emission rates. It is also important for the initiative to understand the impact of improving technologies in understanding the severity of the carbon footprint of different entities.

Slide 6

Cost-Benefit Analysis

This philosophy primarily revolves around the idea that the cost of methodology application
should not exceed its possible benefits. In other words, corporate entities' most successful GHG de-emission assessment and verification protocols should not have to be too expensive, to the verge of a potential net loss for the entity’s current period.

On the other hand, corporations and other entities should also strive for a methodology that only produces a weak panacea, a temporary alleviation, to prevent climate change. More precisely, it is also important for entities to abandon climate projects as the only way to reduce emissions, and find better alternatives instead.

Eventually, this principle will encourage project makers to carefully analyze the impact of these climate and economic goals to determine their positive and negative implications for the earth's atmosphere. The initiative hopes that this analysis will be integral to the planning regulations of policy-making bodies.