A Blockchain-based Carbon and EPA RIN Credit Asset Management Platform for the Global Renewable Energy Market.
Current global emissions and energy asset management solutions, regarding Carbon and Renewable Fuels (RIN) Credits, lack transparency, security, fairness, and simplicity. Carbon off-sets and RIN credits need to be real, measurable, and provable. This is often not the case in how these industries function. By establishing a decentralized Blockchain based Emissions Regulation/Trading Platform and Energy Network, these issues and many others can be addressed. This is achieved by reducing the costs related to Administrative Duties through improved process efficiencies and guaranteed compliance with all Global, Federal, State and local statutes.
Carbon Chain Energy (“CCE”) will develop a Blockchain-based Carbon and RIN Credit asset management platform for the renewable fuels market sector. The new platform will be used initially by CCE to support its renewable fuel projects. The first project, Carbon Chain Energy Renewable Fuels (“CCERF”) has been in development since 2012, and will be located on a 40 acre project site in Williams, Arizona approximately 30 miles west of Flagstaff.
The platform will also enable companies, governments and individuals to participate, trade and manage their Carbon and RIN assets more efficiently to help build a “greener” and more sustainable world for future generations while saving time and money.
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June 1, 2017
Experts meeting at the recent UN Climate Change Conference in Bonn in May have said that a new technology called “Blockchain” could play a major role in tackling climate change.
January 3, 2017
Recent criticism of secrecy and alleged manipulation in biofuel credit trading, delivered by a top adviser to President-elect Donald Trump, is striking a chord among ethanol and other renewable fuel producers.
This IDC Vendor Profile explores the blockchain story of IBM, a player that very much stands out in the quickly forming blockchain environment.
August 10, 2017
Recently, Oracle joined the Hyperledger consortium because of the consortium's approach to blockchain using open source collaboration, modular architecture, horizontal/cross-industry technology support, and support for enterprise needs.
The current market price of D3 RINs associated with a gallon of Cellulosic Renewable Fuel, should incent investment in additional US production capacity. EcoEngineers Offers a Free Daily RIN Price Index via Email. Current D3 RINs are trading at over $3.00 per gallon.
Tokenization is the process of converting rights to an asset into a digital token on a blockchain. There is great interest by financial intermediaries and technologists around the world in figuring out how to move real-world assets onto blockchains to gain the advantages of Bitcoin while keeping the characteristics of the asset.