Energy efficiency and energy conservation are constantly being interlinked providing some of the key ideas to our understanding of the way things work in the real world and as such it is almost impossible to discuss one without the other. An energy efficient home will keep your family comfortable while saving you money. But energy conservation is not just about saving money by turning things “off”, it’s about improving what you have already and becoming more energy efficient through the use of modern technology.
Many people think of energy conservation as saving energy because the latter term is used extensively when discussing issues relating to the depleted use of fossil fuel energy sources. Fossil fuels in the form of coal, natural gas & petroleum products have of course served us well for a long period of time and to this day still remain relatively cheap.
But the demand for energy in the world is expected to increase even further over the next few decades with fossil fuels comprising a large proportion to the overall energy use.
So what is the answer to our ever increasing energy needs? Well, technology will most likely have to step in and take over. As technology advances and microchips get smaller it’s expected that within the next few years we can expect tiny little microcomputers installed inside of just about everything to monitor its energy consumption and display it on a centralized display panel.
While energy efficiency may be about adding insulation to your home or sealing draughty windows to keep it at the same temperature, thereby consuming less natural gas or heating oil. Energy conservation is about having your heating system work less by lowering the temperature in your home by a few degrees while still maintaining a comfortable living environment.
You could even save more by not using it when you are out or during the night time when you are asleep. These small adjustments can help you conserve electricity and save more money.
Renewable forms of energy are alternatives that you can take full advantage of and there are plenty more as well. Biofuels becoming a fast source of fuel taking over form petrol and gasoline in cars, vehicles and water heating boilers. Some larger cities around the world are taking food waste and even animal waste and turning that into biogas fuels and solid biomass products as well.
In addition to the potential for using locally available renewable energy sources to meet a portion of our future energy needs, the efficient use and conservation of current energy sources also represents a significant opportunity for substantial savings. So Energy Conservation is therefore an attainable and obviously desirable goal.
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BENEFITS OF ZERO CARBON PROJECT
The ‘Zero Carbon Market’ provides consumers access to an intensely competitive marketplace for energy sourced from renewables, nuclear, or from carbon neutral sources defined as fossil fuels with carbon emissions fully offset by international carbon credits. International carbon credits can help speed up carbon emission reductions as they can be purchased for a low price which can be more than offset by our Market’s competitive intensity.
The cost of the carbon credit contributes to the cost and viability of a carbon reduction project in a developing country. The United Nations has responsibility for validating these projects and maintaining the carbon credit registry and life cycle. The international carbon credit framework was initially adopted by the Kyoto Protocol in 1997, and recently re-confirmed by the Paris Climate Agreement in December 2015. Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the potential future utility that customers may receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.
Energis tokens have concrete underpinnings as energy suppliers must use them to pay transaction fees to the Project, for winning consumers across our Market. We intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ as rewards for consumers engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who may need to purchase them to pay transaction fees. This is the Energis economic cycle. To get a detailed content of the entire project, kindly read the whitepaper and you will enjoy it.
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Author: Rastafarian
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