Alternative Energy

Alternative Energy

Alternative energy news, and information about renewable energy technologies.

Dec 28

Incentives to Reduce Your Carbon Footprint

Posted in Energy Economy | Energy Industry | Energy Politics | Environment and Sustainability

CelsiasA New Zealand company has applied to patent Celsias.com, the world’s first online community that allows regions, businesses or community groups to be paid for reducing the carbon emissions from their everyday energy use. Celsias.com is based upon a fast growing global economy that recognizes energy savings, or carbon credits, as a form of currency. “With Celsias.com you can now track, create and trade this new currency on the internet,” explains Celsias director, Nick Gerritsen, “it’s the first system in the world that allows you to do this all in one place.” Celsias.com is expected to go live in early 2007.

“We believe it very much has the potential to follow in the footsteps of eBay, Google and Skype,” comments Gerritsen.

How does Celsias.com work?
Businesses or communities can go online, enter their energy expenses each month, for example electricity, and the company they buy from, and the Celsias.com system will automatically calculate their total ‘carbon footprint’, or how much carbon dioxide they are releasing into the atmosphere.

“You can create a carbon footprint for your home, your business, your community group or any other entity. You can then create carbon credits for yourself by learning how to reduce your energy use and by using our search service to find more energy-efficient products and services. You can then put your carbon credits on the Celsias.com trading system and when someone buys them, you get paid. It’s that easy,” explains Gerritsen.

Gerritsen adds that carbon credits can be traded internationally among Celsias.com registered members. Registration is free and traders only pay for success. “Up till now no-one else has provided an end-to-end solution where you can get paid to play your part in solving the climate change crisis,” he adds.

Currently, only large organizations have been able to enter the carbon emissions management market. Small to medium businesses and communities, which represent up to 40% of the global energy market, are excluded because they lack the tools and support to join in.

Gerritsen says Celsias.com is unique in many ways. It is the only service to plug into a range of existing accounting software packages to automate energy expenditure data collection for carbon footprint collection; it is the only peer-to-peer global carbon credit trading service that does not require intermediaries; it is the only carbon credit trading platform with no minimum trading volume and it has the only search engine to make it easy to trade in the world’s most energy efficient products and services.

So will carbon credits be valuable? This year the carbon credit trading market is forecast to be twice as big as the Google advertising market and grow 10 times as fast. And once the Kyoto Protocol commitment period comes into force from 2008-2012, many governments and businesses worldwide will need to buy surplus carbon credits to meet their agreed emission targets.

The international free market sets the price for emission units or carbon credits. In a recent deal between Meridian Energy and the Netherlands Government, however, the price was set at NZ 10.50 a unit. But the price fluctuates and has been up at NZ 50.00 a unit earlier this year.

Celsias.com also enables anyone (a business, a community group, a school) to set up their own carbon market to aggregate carbon credits for their members – and derive revenues from this activity – much like eBay’s ‘power sellers’. “Our core goal is to assist our members to create as many carbon credits as possible. Celsias.com will, in effect, pay them to save the world,” comments Gerritsen.

  • Amit Kumar

    How much carbon credits do I earn if I reduce 1 Kg of carbon in the atmosphere?


The WaterNest: An Eco-Friendly Floating House

WaterNest-Solar-Panels

Designed by renowned Italian architect Giancarlo Zema and produced by EcoFloLife, the WaterNest 100 is an eco-friendly floating housing unit. The 100 square meter residential units are made of up

France Passes Green Rooftop Law

green-roofs-france

France keeps making green headlines lately… the Eiffel Tower’s wind turbines, the tree-shaped wind turbines being installed in Paris, and now an exciting new law that is sure to have

How Recycled CO2 is Changing the Manufacturing Landscape

Recycled CO2

Environmentalists have pushed greenhouse gases as being the leading cause of global warming. Carbon dioxide has been regarded as being the biggest contributor to the greenhouse effect. But what if

Pepsi’s New Green PET Bottle

Pepsi’s New Green PET Bottle

PepsiCo is one of the leading food and beverage businesses in the world. Since 2010, it has been focusing on protecting the earth’s natural energy resources with competent use

South Saigon Yacht Park: Modern and Green Clean Living

South Saigon Yacht Park: Modern and Green Clean Living

Vietnam is setting an example in setting up a stunning green center with the ongoing project called South Saigon Yacht Park. Right in the heart of Ho Chi Minh

The Empire State Building: Brighter & Greener

The Empire State Building: Brighter & Greener

Yes, as of 2011, The Empire State Building, one of the world’s largest buildings has achieved the distinction of becoming the largest buyer of green renewable wind power. The

Coal Emissions from U.S. Could Stop in 20 Years

Coal Emissions from U.S. Could Stop in 20 Years

Pushker Kharecha and his colleagues believe that we should follow some practical methods to do away with coal and conventional fossil fuel emissions. We all know that use of

Climate-Friendly Childcare Center in Denmark

Climate-Friendly Childcare Center in Denmark

These days the world is looking at Copenhagen Summit, its agenda and how much carbon footprint it is generating. At the same time the most climate-friendly childcare center in