Klima DAO: The Future Of Carbon Offsetting

  • Individuals: there are literally hundreds of online calculators out there, like this one, which allow you to calculate your footprint in great detail. Further, there are automated apps that attempt to automate the calculation of your footprint, for example via online banking. If you are lazy, you can use the average footprint for your country. Simply check your country’s latest average per capita footprint (Statista or World Bank) and go with it. For example, the average citizen in Germany has a footprint of ca 10 tons per year.
  • Companies: various fintech services offer sophisticated dashboards and analytics to help calculate the footprint.
  • Allowances allow companies to pay for polluting with a higher price costing them more and theoretically driving investments to reduce emissions.
  • Offsets: projects that prevent new emissions, i.e. build solar plant instead of a coal plant or protect a forest from being cut. Emissions don’t increase, but don’t decrease either. The large majority of issued credits to date.
  • Removals: directly reduce emissions via carbon capture, i.e. planting new trees or absorbing CO2 from the air. Trees are the only available “tech” at scale at the moment.
  • The price of BCT increases from the current $6 towards the high quality Verra / Gold Standard credits, i.e. $30.
  • The price of KLIMA falls from $600 to the current risk free backing (RFV) of $30, hence also penalizing the treasury by assuming the BCT backing of KLIMA ratio drops from the current ~5x to 1x.
  • A reduction in APY to 500%
  • An increase of BCT to $60 (note that it doesn’t have to necessarily be BCT, it could be any other high priced pool in KLIMA’s treasury)
  • We keep the BCT backing ratio at 1:1 (because below 1x, the DAO will automatically buy KLIMA and burn it)
  • That means a price of $60 for KLIMA.

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Climate, crypto, macro and tech M&A

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