There is no hiding the fact that governments, NGOs, and big corporations are pushing the climate change narrative, and no matter which side you fall on in the argument, there is a truth to the fact that it is an important topic of discussion in many industries, especially in the crypto industry.
The claim that Bitcoin mining is destroying the environment due to the excessive amounts of energy it uses, has driven most blockchains to look down the path of Proof of Stake, which is way less energy intensive, but still uses energy to run the servers that the blockchain runs on.
It is known that many miners are already using or are researching alternative energy sources for Bitcoin mining, but with PoS chains, like the blockchains in the Cosmos ecosystem can already make use of server farms that are balancing their energy use with alternative energies to reduce their carbon foot print.
You hear allot in the Cosmos space about projects and validators, such as carbonZERO, being 'carbon neutral'. Well that's great and all, but what does that even mean?
Well, let's get into that a bit. In the simplest of terms, carbon neutrality means having net-zero carbon dioxide emissions. To achieve this, you have to balance carbon emissions with carbon removal. For every amount of carbon a company or country produces, it should be taking steps to remove the same amount of carbon from the atmosphere if it wants to achieve carbon neutrality.
This is far easier said than done in most cases. while countries and organizations have been making promised to become carbon neutral for a while, the results have been mixed. Companies, organizations, and countries will attempt carbon offsetting, which is a term to describe creating less or no emissions in one place to make up for carbon emissions produced somewhere else. Unfortunately, it's not a perfect system and there's plenty of criticism about carbon offsetting being less than effective.
When companies strive to help offset the carbon that is being produced by their business, it can be quite costly. For instance, trying to power your offices with solar and wind can be quite costly with the current technologies that are available.
There are companies taking huge strides in making more efficient forms of power, but we are still a ways out from any of the newer tech to be ready for mainstream use. Hydro-electric and geo-thermal are the most promising at the time. The less fossil fuels needed, the better.
Businesses will often use a new credit system called carbon credits as a way to offset and become carbon neutral. Think of carbon credits a a voucher that you purchase to be able to emit carbon into the air. These credits are produced by companies that are doing things like planting trees and regrowing forests, which the trees help absorb carbon dioxide.
Other companies are focused on regenerating and expanding mangroves in coastal areas which actually trap WAY more carbon than trees. Mangroves are different because they absorb the carbon and trap it in the ocean for up to 1000 years from what researchers say (I heard this on a podcast, so you will want to check up on that, but it sounds legit, haha).
These companies create these carbon credits and there are markets that are being created to purchase and trade these credits. The Regen network in the Cosmos ecosystem is basically putting carbon credits on the blockchain!
Here at carbonZERO, we use data centers that are carbon neutral. They either have a combination of alternative energies to offset, or they keep up and purchase enough carbon credits to keep them at net zero.
As a validator, we also donate 10% of our commissions after expenses to Ecologi, which is a company that is planting trees across the planet to do just that, help offset carbon emissions! Ecologi is also expanding to help build wind and solar farms as well as help the transportation industries across the world become carbon neutral!
We also do this so that we can give back to everyone on planet Earth, not just people who invest with us. So just know that when you are delegating to carbonZERO, your stake is going to help save the planet for everyone!
We find that social media giveaways build empty engagement and only bring out people wanting something for nothing. As we tried giveaways in the early days, we feel it was a better move to put our money to a better cause and we feel our delegators have appreciated this move, and we feel better about it because we are supporting a solid cause with our crypto!
Hope this article helps you better understand what people are talking about when they talk about being carbon neutral.
carbonZERO is a full service, eco-conscious validator node operator for the Cosmos ecosystem, providing infrastructure for several blockchain in the Cosmos ecosystem. We run top of the line bare metal servers, utilizing 64GB RAM, 1TB NVMe SSDs, and 8-core / 16-thread CPUs. Our node architecture consists of frontline sentry nodes for ultimate security. Future plans for additional security & performance include implementing threshold signer nodes, as well as additional sentry and RPC nodes.
Stake your $CMDX, $ROWAN, $HUAHUA, $CRBRUS, and $NOM with carbonZERO using our Restake app! You can also visit the Staking page on Coin Logic and click the chain you want to delegate and it will take you directly to our delegation page!
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