Step 1
Measurable and Verifiable Carbon Credits
Carbon is captured and stored under a regulated and standards based process before tonnage qualifies to be listed on our Exchange.
A carbon-emitting organization captures and stores a measurable and verifiable amount of CO2.
CarbonKerma tokens are minted and awarded based on the amount of CO2 permanently sequestered.
Businesses, consumers, and holders can buy or retire CarbonKerma as a carbon offset or store of value.
To reach Paris Climate Accord targets, it is estimated 50 billion tonnes of CO2 will need to be captured and permanently stored by 2050.
Unfortunately, current approaches to carbon offsetting and emissions trading are plagued by poor measurability, lax standards for the issuance and trading of credits, lack of consumer participation, and a reliance on inefficient methods of CO2 reduction and removal.
CarbonKerma sets a new standard. We’ve created a new blockchain-based approach to carbon offsetting that can be easily measured, reliably verified, and scaled to meet the immense size of the challenge. This new approach combines proven technologies in a unique way to create an equitable and sustainable economic engine that will benefit businesses, global citizens, and the planet.
With CarbonKerma, capturing and sequestering one tonne of carbon leads to the minting of one CarbonKerma token. That means emitting organizations can buy and burn CarbonKerma tonne-for-tonne, without relying on complex, imprecise offset calculations tied to intermittent renewable energies and tree plantings.
CarbonKerma tokens are minted and awarded based on verified certificates of sink. The capturing and permanent storage of CO2 required to earn these certificates is recorded by sophisticated metering systems and regulated, monitored, and audited by international environmental organizations and global carbon capture experts.
Unlike traditional carbon offset programs, CarbonKerma’s digitization of CO2 facilitates the open participation of consumers and corporations alike. Hard-to-mitigate emitting industries that find government incentives inadequate will have a new source of revenue to cover capital expenses and rapidly scale the deployment of today’s highly effective carbon capture technologies.
CarbonKerma and the KermaExchange are tackling climate change by creating an ecosystem that monetizes the removal of atmospheric CO2 and rewards global actors who engage in carbon capture.
Many cryptocurrencies get their value through energy consumption, adding enormous amounts of CO2 to the atmosphere as they are created.
CarbonKerma does the opposite, with its creation triggered by the verified reduction of carbon emissions. Through this innovative use of blockchain technology, CarbonKerma and the KermaExchange are empowering a diverse group of participants to help the world achieve carbon neutrality.
Stationary source emitters like factories and power plants participate in the CarbonKerma network by verifiably capturing and sequestering carbon, for which they earn CarbonKerma tokens. This highly regulated process involves permitting at various stages of implementation, including the use of specially designed meters that measure and record each tonne of CO2 sequestered in underground geological formations.
Other businesses can offset their emissions by buying and “burning” CarbonKerma tokens on a tonne-for-tonne basis to meet their ESG objectives. These businesses can also streamline this process by accepting CarbonKerma as payment from customers who want to offset the carbon footprint of their purchases.
CarbonKerma offers a carbon-free, blockchain-based store of value for individuals or organizations looking for an opportunity to encourage the adoption of carbon capture and storage technology around the world. Demand will be supported by businesses and consumers looking to offset their corporate or personal carbon footprints.
At participating merchants, consumers will now be able to pay with CarbonKerma and immediately offset the carbon impact of the goods or services they are purchasing. The business receiving the payment can then retire the appropriate amount of CarbonKerma and sell or hold any excess.
With Blockchain Layer 1 and 2 interoperability, CarbonKerma will offer low fees and immediate settlement, making it a fast and cost-effective medium of exchange.
A step-by-step guide to CarbonKerma and the KermaExchange
The CarbonKerma team combines pioneers in the field of carbon capture and storage with experts in blockchain technology.
For more information about CarbonKerma, contact us by email at info@carbonkerma.com. Or stay current by following us on social media and signing up for email updates.