It is widely believed that Global warming is increasingly becoming a major problem facing the global population. The principal cause of Global Warming is the release of carbon dioxide emissions from the burning of fossil fuels to create the energy that we depend on in our daily lives. The factors we face mitigating carbon emissions while growing our global economy are immense, with few active solutions currently be offered.
Global Warming is a problem that we all are responsible for, and all contribute to individually in very minute ways, that in aggregate creates the catastrophic runaway effect of warming. We therefore need a solution where we are all part of the solution, and we all can participate. 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. Our market-based solution allows for individuals and corporations alike to be involved directly in the carbon economy as a personal 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, distributed energy technologies are providing us with the 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 and economics that is available to every concerned energy 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 relating this to the climate change problem, it is concept 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, free from the concomitant economic distress caused by known government led programs such as Cap and Trade and carbon tax paradigms, which are proven failures.