Climatecoin 2017 by Dennis Peterson
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The Judges thought the proposal was well presented. However, had doubts about how to link it to the primary market of carbon reduction projects. The main question: If the project is "good" for climate mitigation, but it is unclear of how much carbon emissions it can save, then how many tokens would the platform allocate to the project. If on the contrary, the platform only accepts projects with "real" emission reductions, then how to structure the project's emissions monitoring, verification and certification. Probably there are ways to solving these issues, but I don't see a convincing explanation in the proposal.
Also, given the Paris Agreement, this is in my view obsolete. the Judges also did not see the benefit of creating a whole new infrastructure - we already have/had the CDM, JI, direct links of ETSs etc.
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