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Sunday, August 4 • 10:20am - 10:50am
Carbon Markets on Chain

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Life as we know it is carbon-based. Carbon dioxide isn't intrinsically bad or immoral. Burning fossil fuels has enabled wonderful outcomes including lifting billions of people out of poverty, increasing global trade, and increasing food production. Whilst acknowledging the air-polluting and, geopolitical and planet-warming side-effects, we are also aware that many have directly benefited from affordable and widely available fossil carbon-based energy and building products (e.g. cement, iron, steel, aluminum, glass). That said, global atmospheric CO2 levels have risen from less than 280 parts per million (ppm) in the late 18th century, to present levels of 405-410 parts per million. In modern carbon markets there is an egregiously inconsistent application of the definitions of the terms "real", "verifiable", and "permanent" means that traditional GHG markets, worldwide, are inherently biased against carbon removal projects. As such, it is simply not possible for carbon removal projects to compete in such markets, even when they might be the only actors who are making a real and verifiable positive impact on atmospheric concentrations of GHGs. We propose a marketplace design that makes it possible for the world to collectively reduce atmosphereic levels to concentrations compatible with a sustainable future in which everybody can flourish.

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avatar for Jaycen Horton

Jaycen Horton

Co-Founder, Nori.com
Coming from a background focusing on peer to peer and distributed technical architectures, Jaycen Horton has worked as a Lead Software Engineer for Dell, ASU Decision Theater, and MapStory. Additionally, he worked as an Information Security Engineer for companies including Wells Fargo... Read More →

Sunday August 4, 2019 10:20am - 10:50am PDT
St. Helens