what we do
climate change equity is an agent of change. We actively devise and demonstrate the solutions for a lower carbon-intensive economy. We aim to develop projects that provide insight and guidance to individuals and organisations of all types on how to improve their resource efficiency.
Here are some of our current projects:
TIMOR FORESTRY INITIATIVE
The Timor Forestry Initiative is our first project to progress to release. This initiative fosters the return of a sustainable plantation forestry industry to Timor-Leste that rehabilitates the hillsides, reduces flooding in the wet season, creates jobs and sequesters carbon.
Timor-Leste is Australia’s nearest neighbour, but the two countries could not be more different. Australia is ranked third on the Human Development Index, while Timor is ranked 132nd, with more than 50% of the country's economy coming from government spending and an unofficial unemployment rate of over 40%.
The project will supply the most sustainable and socially responsible timber for use in Australia and through storing carbon dioxide from the atmosphere in the wood, it will generate Gold Standard Carbon Credits.
We are now inviting organisations and individuals to become members, where the main benefit of the membership is the generated Carbon Credits. This offers our members the ability to voluntarily offset their emissions at no cost, or as the Carbon Credits have a minimum floor value, they can sell them and share in the prosperity generated by this Initiative.
To find out more, please read the Membership offer for the Timor Forestry Initiative.
Economics is the study of how people use their limited resources in an attempt to satisfy unlimited wants. In the same manner, Carbon Economics is the study of how individuals, society, business, government and nations address the limited capacity of the planet to sustainably absorb the greenhouse gases emitted in the course of our daily activities in an attempt to maintain and improve our quality of life. That is, the ‘limited resources’ become how much greenhouse gas the planet can absorb without changing the climate and the ‘unlimited wants’ become our quality of life.
Our Carbon Economic Research Programme targets developing tools for guiding policy and investment decisions so that better choices can be made.
There is no clear pathway or tools for choosing one project or policy over another. Until recently, the moving parts of the problem where generally limited to money, time, interest rates and perhaps cynically ‘votes’. In integrating Carbon Economics into the decision process, better choices that empirically consider the impact on our environmental capital can be made.
Our projects and initiatives are developed to lower the carbon footprint and / or sequester carbon from the atmosphere. When correctly managed and monitored, this activity generates Carbon Credits, the tradable commodity used to offset greenhouse gas emissions. Our projects and initiatives are also developed to be profitable. This means that instead of having to trade the Carbon Credits to facilitate commercial operation, we distributed them to our members.
This is a unique innovation. Once launched, the Carbon Credits generated as we deliver our projects are shared with our members on a quarterly or half-yearly basis. Members can then surrender them to offset their emissions, hold or trade them. To enable the registry of the Carbon Credits and provide transparency and certainty, Carbon Credits will be issued as the token in a blockchain or ‘coin’ (this is the same technology behind cryptocurrencies like BitCoin). That is, the Carbon Credits will be issued as a 'coin' that by design has a floor price, which in industry terms makes it a StableCoin.
The utility of this coin is broad and linked to a commodity traded in regulated markets in 45 countries. However, it is unlike any coin or cryptocurrency before it. Our Carbon StableCoin Partner Members can, if they choose to, trade their Carbon Credits and secure a return of up to 15% per annum.
To find out more, please read the Membership offer for the Carbon StableCoin.
Humanity has greatly invested in the development and rollout of the internal combustion engine. It is more than eight years since we reached the milestone of 1 billion cars on the road worldwide.
In order to respond effectively to the challenges of climate change we will need to de-carbonise our transport hardware. The options we have to achieve this goal at scale and reasonable cost are limited. Biofuels, hybrid and electric fuel cell vehicles all present certain opportunities but come with significant challenges. They are also unlikely to strip the carbon out of our transport system in time and at the scale we need without having unacceptable consequences.
Project Zero is about facilitating use of hydrogen as a zero carbon fuel in modified existing internal combustion engines. This approach too has its own special challenges, not least of which the generation, storage and distribution of low carbon fuel. However, it presents a significant opportunity by not having to scrap and rebuild our fleet of vehicles.