Carbon Offsetting is the system which will drive the Net Zero transition. This is because it calculates the amount of Carbon linked to everyone and everything, and so with that knowledge, governments will be able to set emission rules, set personal emission limits and make policies towards emission goals.
Carbon Offsetting 24 Jan 2024 |
A trading scheme for business emissions already exists and also a system of buying carbon credits to offset eg the emissions you cause by taking a flight. Don't plant trees though says a man who probably knows (Bill Gates).
New York Times Climate Forward Summit |
Then in the next year or two (according to Reuters), Central Bank Digital Currencies will be introduced. Central banks will know every single financial transaction that you ever make. So, when you buy that beefburger from the local fast foods drive through, government will know that you effectively emitted 9.73kg of CO2 . And your car emitted 0.4kg CO2 per mile to get you to the drive through.
Reuters 26 March 2024 CDBC |
History of Carbon Doxide levels
- 4.54 billion years ago - Around the time of Earth's formation - mainly Helium and Hydrogen which escaped into space. Then, there were volcanic emissions and formation of gassy blanket of water steam, carbon dioxide and ammonia over shallow seas.
- 2.4 billion years ago CO2 dissolving into the shallow ocean. Cyanobacteria start photosynthesis which takes in CO2 and gives off Oxygen. The Oxygen accumulates and kills off most micro organisms which existed at that time.
- Ordovicial period (about 500 Million years ago) , scientists estimate that CO2 levels were an extremely high 3000 - 9000 parts per million. Temperature was only about 10 deg Celcius higher than today due to Earth orbital cycles and Sun was cooler.
- 300 million years ago -CO2 levels vary depending amounts captured by plants or buried in sediments versus the emissions of volcanic activity and decomposition. The downward trend in CO2 levels to 500ppm lead to a period of glaciation. This changed because of volcanic activity which raised levels up to 1000ppm before gradually reducing to about 400ppm about 3 to 5million years ago.Temperature was 2 - 3.5 deg celcius higher than the pre industrial period
- Air bubbles in polar ice cores show CO2 levels going back over the past 800,000 years as being between 180 to 300ppm until the industrial revolution (about year 1750). Since that time CO2 levels have risen to about 425ppm. which is roughly 0.04% of the atmosphere.
History of why we are transitioning to this Net Zero emission system.
Ford Foundation website |
Climate change disaster - The best choice
Pandemics and other global health issues. The Uk wants to hand powers to the WHO. (Pandemic Preparedness Treaty May 2024)
Terrorism