It is no secret that carbon dioxide emissions into the atmosphere have devastating consequences. Every day there are new businesses, factories and cars that emit a significant amount of gases. First of all, it is carbon dioxide emissions. This substance enters the atmosphere primarily as a result of processing and combustion of fossil fuels-oil, coal, gas.
About 80% of the world's energy is produced through the use of fossil fuels.
The widespread use of this type of fuel has led to an increase in global temperature,the melting of glaciers and, as a consequence, climate change throughout the planet. Energy emissions account for 2/3 of the world's greenhouse gas emissions and 80% of carbon dioxide...

The whole world is now actively exploring alternative energy sources. But at the moment, alternative or renewable energy produces only 3% of the world total consumption. In addition, it is very expensive. Therefore, it is not surprising that users choose a cheaper option.

What is a Zero Carbon Project

The Zero Carbon project aims to prevent climate change on the planet by reducing carbon dioxide emissions from electricity generation.

Zero Carbon is an open electricity market, where suppliers fight for the consumer, and therefore the consumer has the opportunity to choose from whom and at what price to buy electricity. At the same time, the project developers recognize that 80% of consumers now have to buy electricity in a closed market and they have to accept the terms of the closed market, and they have a "simple" choice - to buy or not to buy electricity. The project cannot influence these markets.

However, the company Beyond, which is the organizer and creator of the carbon-free energy project, claims that it can create conditions for such consumers to work on the platform.

Zero Carbon plans to create a market,that connects suppliers and buyers of electricity. Sellers are energy companies, buyers are household consumers and businesses.

The main point of Zero Carbon Market

• is to equalize the competition between producers of carbon-free energy and those who use fossil fuels. For this purpose, a system of compensatory payments for produced carbon dioxide (so-called international carbon credits) was created. The funds collected are subsequently channelled to various carbon reduction projects in other parts of the world.

The use of the platform will reduce the price to $ 0.01 per 1 KWh of electricity for its members. For comparison, the cost of renewable energy today is 5–8 US cents per 1 KWh.

Why will sellers of energy seek to participate in the Zero Carbon Market?

It would seem that they have solid losses: they are forced to sell electricity cheaper or pay extra for the use of fossil fuels in energy generation. However, the project developers believe that these costs will be compensated by saving money spent on finding, attracting and retaining customers. Another important factor is the possibility of participation in combating climate change on the planet.

How the system works

The platform includes 5 components:

• Energy Suppliers -electricity suppliers
• Consumers-electricity consumers
• Zero Carbon markets -a place of interaction between buyers and sellers of electricity
• Energis smart contracts
• Third party crypto-exchanges-third party-this is the place for exchange of NRG tokens on other cryptocurrencies

Energy suppliers pay a commission for use of the Zero Carbon Market. Up to 70% of the Commission fees from these transactions are returned to the platform members as rewards.

Energy consumers will be able to sell tokens on independent cryptocurrency exchanges, where suppliers will be able to buy them to pay platform fees.

The token presale started on May 1, 2018. More information can be found on the official website of the project:https://www.zerocarbonproject.com/

Conclusion

The Zero Carbon Project has a good global idea. Unfortunately, there are obstacles to achieve this goal, which are known to developers and it is necessary to observe the work of the team in this matter.

The project is designed for economically developed western countries. In their markets, Zero Carbon can be an effective platform for home consumers and small businesses.

For More Info Check The Links:

WEBSITE: https://www.zerocarbonproject.com/
TELEGRAM: https://t.me/ZeroCarbonProject
BOUNTY TELEGRAM: http://t.me/zerocarbonbounty
ANN THREAD: https://bitcointalk.org/index.php?topic=3396140.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3406822.0