It is widely believed that climate change is increasingly becoming a major problem. The principal cause of climate change is a gradual and accelerating atmospheric warming caused by the release of carbon dioxide emissions from the burning of fossil fuels. We depend on these fuels to create the energy that we need in our daily lives. The factors we face mitigating carbon emissions while growing our global economy are immense, with few realistic, active solutions currently be offered.
Climate change is a problem that we all are responsible for, and all contribute to individually in small ways that in aggregate creates a global problem. We therefore require a mechanism where we all can contribute to a low-carbon solution. This solution should be directly owned, operated, and run by the people, and not by governments acting on our behalf, and it should be 100% voluntary. The GreenCoin Foundation offers a market-based solution that allows for individuals and corporations alike to be involved directly in a new low carbon economy by choice.
This is a very exciting time. The cost of renewable energy has been falling for decades and is now becoming available to everyone. Whether it is a rooftop solar array, a neighborhood community solar, or wind power installation, technology is providing for distributed energy resources that give ability to produce our own renewable energy and the personal choice of the types of energy we want to use. This is enabling a new ecosystem of low carbon energy production, sharing and economics that are available to every concerned energy producer and user worldwide.
The key for providing the solution for climate change is to leverage the recent advancement of social networks that now integrate us into a global society of empowered individuals. When applying this to the climate change problem, we were able to create a concept that we term Social Carbon. As we move into the future, renewable energy production and use will become more and more a part of our way of life and identity through sharing. GreenCoin paves the way for this future by providing an ecosystem that rewards and values the behaviors and actions necessary to build a carbon free world, and one that is free from the concomitant economic distress caused by non-voluntary, inefficient government-led programs such as cap and trade, carbon emission offset trading, and carbon tax paradigms, which have had limited success at reducing emissions worldwide.