Planck E PressCenter Articles


Making the Carbon Credit Happen


Location: São Paulo, Brazil
Date published: 2023-08-09
Date modified: 2023-08-09
Reading time: 00:01:46

Author: Patrizia Tomasi-Bensik

Making the Carbon Credit Happen

“When I was a young man, Dirac was my hero.  He made a breakthrough, a new method of doing physics.  He had the courage to simply guess at the form of an equation, the equation we now call the Dirac equation, and to try to interpret it afterwards.

Richard P. Feynman

 

In his most famous work, The Wealth of Nations, the absolutely brilliant Adam Smith already conceives ofthe diseconomy when he talks about predatory hunting and fishing.  Despite his complete mastery of the concept, Smith recognises the impossibility of accounting for it, because diseconomy involves so many variables, in different orders of magnitude, that it would be impossible to put everything under a single standard.  238 years later, we have managed to solve that problem, but today's issue is different.

One of the biggest difficulties we have with the green economy is atavism.  Yes, for 700 years we haven't changed our concept of work, and the carbon credit is coming to demolish our solid castle.

For 700 years we've been paid to add something.  Be it bread, be it a building, be it knowledge.  When we add, when we increase, when we grow, we sell our work and we get paid for it.

And the Economy makes this principle clear to all of us.  Whether in relation to tangible goods, such as bread and buildings, or in relation to intangible goods, such as knowledge transfer.  We add up, we sell.

And here comes the carbon credit, whose existence is based on compensation for the removal of something we cannot see.

And fraudsters see the endless possibilities.

#SAIDNOONEEVER!!!!

At first, the bandits even managed to gain some advantage, like the swindlers who sold Pão de Açúcar (Sugar Loaf of Rio de Janeiro) to tourists in the early 20th century; but the framework that supports the carbon credit was developed by the best scientists of our time, and a legitimate carbon credit is just as indisputable, measurable and verifiable as boiling water at 1000C at sea level.

To ease the digestion of a concept that goes against our deepest beliefs, and to facilitate the handling of carbon credits until we are as comfortable with them as we are with money, we have developed an easy-to-use tool, the CCAC.

The Carbon Credit Authenticity Checker is a simple system of closed-ended questions (yes or no) that allows you to assess whether the carbon credit being offered is legitimate or not.

One more thing: carbon credits and decarbonisation are exactly the same thing, as they refer to the proven removal of one equivalent-ton of carbon dioxide.

In the book THE SCIENCE BEHIND CARBON CREDITS AND THEIR CALCULATION (https://www.amazon.com/Science-Behind-Carbon-Credits-Calculation/dp/B0B2T8CRBQ) you will find the context that will allow you to use the CCAC tool.

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