C2Zero reduces industrial emissions by acquiring and permanently retiring regulated emissions allowances from carbon markets. This action directly shrinks the total cap on polluter emissions, creating a verifiable mechanism for decarbonization beyond regulatory mandates.
Funding
Funding not disclosed
Founders
Product
Problem
The current emissions trading schemes (ETS) and carbon credit markets do not sufficiently incentivize polluters to reduce emissions below mandated caps. This "emissions gap" hinders progress towards global climate targets, as existing mechanisms lack the necessary pressure on major emitters to drive substantial decarbonization.
Solution
C2Zero addresses this by actively participating in the international carbon market to acquire emissions allowances, which are the permits large polluters must surrender to emit greenhouse gases. These allowances are then permanently retired or locked in a transparent, blockchain-based digital vault called CEDO, effectively removing them from circulation. By withdrawing these allowances, C2Zero directly reduces the total pool of available permits, thereby decreasing the capacity of major polluters to emit CO2 and creating a tangible mechanism for emissions reduction beyond regulatory requirements. This process is independently audited to ensure the integrity and provenance of each retired allowance.
Target Audience
C2Zero targets businesses and consumers seeking to actively participate in climate change mitigation by directly influencing the reduction of industrial emissions. This includes environmentally conscious brands and individuals looking for verifiable methods to contribute to decarbonization efforts.
Features
- Acquisition of regulated emissions allowances from international carbon markets.
- Permanent retirement of acquired allowances through a blockchain-based digital vault (CEDO).
- Direct reduction of the total cap on emissions available to regulated polluters.
- Transparent tracking of all retired allowances, ensuring provenance and preventing double-counting.
- Independent auditing of the CEDO vault and all transactions for verification and accountability.
- Integration of C2Zero tokens with everyday goods and services, linking purchases to specific emissions allowance retirements.
- Commitment to retiring allowances commensurate with, or exceeding, the carbon footprint of associated products.