I recognize this post can likely stir up quite a debate and likely has been asked multiple times already. I would like to purchase carbon offsets for my family based on our 2021 activity. Does anyone have a website that they recommend I use and the best way to go about doing this?
This company produces a stationary bike to "offset your carbon footprint," but I can't help but think that the electricity you generate is utterly minimal (I have an ftp of just under 200w and I can barely power a pc). It includes a 100Whr battery, which would have increased the carbon emissions used to produce the bike itself. If they're really selling this product on trying to reduce your carbon emissions I can't help but think it's at best very misleading or at its worst a scam.
I calculated my CO2 emissions per year at 2.9 tons on wren.co website.
This so far seems accurate as I am not connected to the power grid or any utilities, and I don't ride in cars, planes, buses or anything with an engine in it. I catch rain, compost my poo, cook using solar oven and wood.
The problem is, they claim for $4 a month I can completely offset this 2.9 ton of emissions. This is obviously a lie/scam/fake. If it were true we could offset all of america (more than 6x my emissions on average) for 100 billion a year. If it were really this cheap we could really afford to simply offset the entire world and be done with the whole issue.
So, why are they allowed to lie/scam people and take their money while not actually burying carbon in a stable form? Why do they not calculate the emissions of refining, and transporting the fuels and all the energy used to produce an aircraft such as exotic super alloys in the engine. All the emissions of all the people who work at airports (could be eliminated) as well as everything involved with that.
They only consider the emissions it burns in that one flight which ends up being just a fraction of the true cost and don't consider the effects of releasing it at high altitude, and in the end offer "offsets" by selling co2 to greenhouses or planting trees that will eventually (or maybe next year even) burn down in uncontrollable forest fires.
From what I have read, making oil from renewable sources (for example wind power) is around $1200 per ton with current technology. This is in my mind the correct price for a carbon tax (what it costs to produce the fuel from 100% renewable as at the correct price, no more fossil fuels are extracted.
bio fuels may be cheaper but has the cost of displacing the forest that should be growing there so essentially has even higher true costs. The carbon offsets "gold standard" are sold for $18 per ton when the real cost is $1200. So obviously they are not storing 1 ton of carbon underground in a way that it will stay for millions of years.
So where can you buy real offsets? I am guessing the real thing doesn't exist: I would have to make charcoal and go bury it in an abandoned mine or something.
Hello!
Does anyone know of any programs that allow individuals to get carbon offset credits by having home solar?
I am trying to think of ways to further leverage my solar investment.
You make millions if not billions in fares every year and you want me to pay to make my journey carbon neutral? Bloody cheek!
Answer: Around 400-500 miles if you ride a high-end carbon fiber bike, less if you ride aluminum/steel.
Source: Per WAP Sustainability Consulting's study of Trek's 2020 Product Life Cycle ^1 a carbon fiber road bike costs ~200 kg of CO2 emissions. A typical passenger car emits about 411 grams CO2 per mile according to this EPA study.^2
-
So divide 200,000 grams by 411 grams per mile and you get 486 miles. This number checks out--according to Trek's marketing page, they claim "Rule of 430" Trek rule of 430.
-
That means if you've used your bike to commute or otherwise replace ~400-500 miles where otherwise you would have taken a car, then you've "earned" back the CO2 cost of your bike. If you're not riding a fancy carbon fiber road bike, but a simpler aluminum hybrid/mountain bike (e.g. Trek Marlin) then it's even less CO2 cost--closer to 100 kg.
-
One thing to consider is that these miles need to be "car-replaced" miles and not just, say, heading out to ride a 50 mile loop for fitness, since the typical person wouldn't just take their car out to drive for 50 miles in a circle and come back home. So grocery trips, commuting to work, riding to visit a friend's house, etc. And typically the fancier the carbon fiber bike, the less likely it's used for these utility trips.
I thought this was interesting to think about and made me reflect on the bikes that I own and whether I've "earned back" the carbon cost of the bike's production. What do you think? How often do you ride your bike for "utility" trips vs a "fitness" loop? How many miles of "utility" riding have you completed?
>BROOMFIELD, Colorado, Dec 20 (Reuters) - In a Denver suburb, an oil drilling rig plumbs the earth near a wealthy enclave framed by snow-capped mountains. The site is quieter, cleaner and less visible than similar oil and gas operations. It might just be the future of drilling in the United States.
>
>As investors and lawmakers push the oil industry to lower its carbon emissions, this drill site and others run by Civitas offer one model for drillers looking to migrate to low- or no-carbon emissions operations.
>
>An extra incentive for Civitas is that it must be mindful of neighbors of its drilling sites in relatively affluent suburban areas, where it also has easier access to the power grid.
>
>Civitas, Colorado's largest oil and gas producer, says it is the state's first "carbon neutral" producer. To get there, it has eliminated some diesel-powered pumps, makes modifications to drilling and hydraulic fracturing equipment and its production sites. It also buys carbon credits to offset remaining emissions.
I don't know about y'all but this feels more like an effort at greenwashing and "not upsetting the affluent locals" more than it's a trend by the industry to mitigate the impacts of their actions.
Sure, less dust, diesel pollution, road traffic, and other impacts on surrounding communities is a step in the right direction — but only a tiny step in a very long journey away fossil fuel extraction and combustion.
Has anyone looked into Carbon Offset ETFs? Any thoughts on how they might perform over the next few years?
I have small positions in KRBN and OFSTF, any other ones worth looking at?
KRBN is the largest offset ETF and gets exposure to the market through futures contracts. It has exposure to the EU and California markets as well as RGGI. KraneShares also has separate ETFs that focus just on the EU or California.
OFSTF gets exposure to the carbon offset market by investing in actual projects that require offsets as well as through Streaming arrangements. Carbon Streaming makes an upfront payment plus ongoing delivery payments for a fixed percentage of future carbon credits generated over the life of the project.
There's a lot of strong opinions on how Carbon Offsets will actually impact the environment, but governments keep putting them into international agreements and building out regulatory frameworks. Will their ineffectiveness lead to governments eventually abandoning the entire offset concept or will the markets continue to grow?
Hi all,
I was writing an email to a friend about my favorite blockchain technologies, and Klima is on that list. I think Klima is a promising investment, but while writing the email, it hit me: independent of their value as an investment, can't KLIMA tokens be viewed as an added bonus on top of regular carbon offsetting? That is, can I recommend buying KLIMA (via bonding BCT) as a superior method of buying carbon offsets?
Here is what I wrote my friend. Let me know if I'm misunderstanding or misrepresenting something:
Independent of its value as an investment, though, Klima DAO provides an outstanding method of buying carbon offsets! The best way to invest in KLIMA is to buy tokenized carbon credits via Toucan Protocol: Base Carbon Tonne (BCT) tokens and bond them to KLIMA. Buy X dollars worth of carbon credits, get X dollars worth of KLIMA (at a small discount). So if you are buying carbon offsets anyway, whether as a regular purchase or to offset events like air travel, you can buy them as BCT tokens and get the equivalent value of KLIMA tokens as a bonus! (Though note that offsetting only happens if you burn/destroy or at least never sell the BCT tokens. That means if you sell your KLIMA, you'd have to buy or burn/destroy the equivalent number of BCT tokens for your offsets to count.) The bottom line, though, is that any nonzero value that KLIMA brings is effectively a bonus on top of your regular carbon offset.
Thanks!
Be The Change You Want To See @ecocredittoken wants to offset every ton of carbon on Earth. Our verifiable statistics prove this commitment. 💚💚 #CarbonCredits #Blockchain #Metaverse #NFT
I took a couple of domestic flights this year and was hoping to donate to some organizations that offset carbon & help the local community. I am aware that carbon offsets totally don't make up for it but something is better than nothing. Any suggestions? I would love to donate to some organizations in Asia but anything global is fine as well.
I've been learning about KlimaDAO and purchasing CO2 offsets on the blockchain. It's still a small technology with not much legal backing, so there's that. But given that NANO is pushed as being a "green" crypto, would anyone be interested in some way to purchase CO2 emissions offsets with NANO?
I'm trying to gauge interest to see whether it's worth my time to build something here
Why #EcoCREDIT?
By removing barriers to entry to the carbon offset market, it maximizes the number of potential participants.
The increased participation means more funding for sustainable projects that generate #carbonoffsets & remove carbon from the atmosphere.
#CarbonCredits #NFT #ClimateChange #Ecoland
https://preview.redd.it/26rh106wqfc81.jpg?width=400&format=pjpg&auto=webp&s=e0e7547fbf500dafe4a3087f1fd628c5c3b022d1
Be The Change You Want To See @ecocredittoken wants to offset every ton of carbon on Earth. Our verifiable statistics prove this commitment. 💚💚 #CarbonCredits #Blockchain #Metaverse #NFT
Why #EcoCREDIT?
https://preview.redd.it/yembvlmtqfc81.jpg?width=400&format=pjpg&auto=webp&s=31c960059e26318f1f93a3a28d53c1bb793b779d
By removing barriers to entry to the carbon offset market, it maximizes the number of potential participants.
The increased participation means more funding for sustainable projects that generate #carbonoffsets & remove carbon from the atmosphere.
#CarbonCredits #NFT #ClimateChange #Ecoland
