Carbon Credits Rewards System (CCRS)
- Arnav Nayyar

- Jan 6
- 3 min read
While most projects concerning this subject would go for a technical aspect of Carbon Credits, I believe that recognizing the true nature of Humanity is also important for the success of this great system.
Humans are greedy, individualistic and generally care mostly for themselves. Such is human nature. In fact, climate change has become such a big problem because of human nature!
So, how do we make any progress in a world where greed takes front seat? Well, I believe that instead of trying to get them to simply help, that we instead appeal to this nature.
Enter the Carbon Credits Rewards System.
While this is generally not an approach taken up by most when starting projects against climate change, the truth is that unless we appeal to the greed that has supported climate change for so long, progress will remain slow.
Let me first show a very basic overview of the working of this system.
First, under this CCRS initiative, a new Corporate Entity (We'll call it CE for now), will be founded. It will act as a mediator between the seller and the buyer.
Next, an app under this initiative will be made. Let's call it, Carbon Rewards. It will be a centre for everyone regardless of status to sell and buy credits.
Third, a system will be setup to allow sellers to earn rewards from selling credits.
Fourth, we will create a sub-entity (CEX) to verify and validate these rewards. For this purpose, we will partner with other entities that are already considered credible by this point. Since it will have been 2035 when this occurs, we can assume that Carbon Credit has stopped being a new idea by this point and that these entities now have global recognition. Partnering with them not only helps us validate selling and buying but also lends us credibility.
Now, how will this CE be funded? Of course, to even start sending out rewards, we need to actually buy these rewards.
This is actually a much easier step. We will partner with pro-climate action corporations (which will most likely be more common by 2035) to get initial funding. Buying and selling will give us a commission which helps us earn money.
And, how will this be regulated?
Well, the CE will hire a legal team to represent us with the Government. We will make an agreement that allows strict government regulation in our company.
Now, to remain financially sustainable in the long term, we will use commissions from buying and selling on our platform to pay for the short term. Long term, we will begin investing into companies with the goal of making them more climate free. This will allow us to make more money by becoming major shareholders of bigger companies, with the added effect of giving us a big voice to fight against climate change. Finally, we will show advertisements on our app (non-intrusive to prevent causing the unintended effect of creating a poor UX for people), and a subscription that allows for benefits while selling/buying like bigger discounts and promotions. This should allow us to remain stable for a long time.
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