FAQ

What Is Carbon Commodity?

Carbon commodity is a type of commodity that is primarily used to represent the amount of carbon dioxide (CO2) in the atmosphere. Carbon is one of the most abundant elements in our atmosphere, but it’s also one of the most dangerous because it can trap heat.

Carbon is involved in producing various chemicals, fuels, and plastics. It’s also an essential component for life as we know it, carbon makes up over 80% of our bodies, and it’s what plants use to create food. But carbon dioxide is different.

Burning fossil fuels (the process known as combustion) produces carbon dioxide molecules, which are then released into the atmosphere.

This causes a rise in atmospheric CO2 levels over time, according to climate scientists.

This has led to the development of carbon capture stocks, which are designed to reduce that emissions generated by production.

What is a Blockchain Tokenized Carbon Credit?

Basically exactly as above except we have taken the carbon credit and digitized it for the blockchain thus creating a frictionless and cost effective transaction, a transaction that has instant settlement for both the buyer and the seller.

What Is the Voluntary Carbon Market?

The voluntary carbon market is a market for offsetting greenhouse gas emissions by paying for the reduction of emissions from projects. The voluntary carbon market is an alternative to the global climate deal. This is where we come into play with technology by allowing companies and private individuals to buy offsets in a fractionalized and digitized way to help reduce their emissions and play their role as an ambassador of environmental responsibility to the planet. Lead by example!

Our Carbon and pollution offsets are "carbon credits" that are created by our partner projects that reduce greenhouse gas emissions, by owning thousands of acres of tree farms or simply small land owners committing their properties to being fully and naturally wooded and or reforesting land for good environmental stewardship.

How Is the Global Carbon Index Price Affected?

The Global Carbon index price is affected a variety of variables such as by oil, coal, and natural gas prices. Oil prices affect supply and demand for fossil fuels, with higher prices driving down demand for oil and gas as a source of energy. This is why lower oil prices are often associated with higher global carbon index prices.

On the other hand, coal prices affect demand for coal as a fuel source. Higher coal prices may cause more people to choose natural gas as an alternative to coal-fired power plants, or they may increase their interest in clean sustainable energy.

Natural gas prices also impact the global carbon index price. Higher natural gas costs mean more people will use natural gas to generate electricity instead of burning it directly in their homes or offices. Natural gas is also used to heat homes during cold winter since it burns more efficiently than other fuels like wood or oil.