Overall Assessment: ✔️If you're going to spend money on the problem, this is the most efficient place we've found to do it.
✔️ Pass ➖ Neutral ❌ Fail
|
Likelihood |
✔️ |
100% |
Data from the past 10 years has credited these investments with a 24% reduction in emissions from power plants than would have occurred without the market. |
|
Speed |
✔️ |
1 tons/year/ton |
Our credits work this year, rather than accumulating over multiple years. |
|
Contribution |
✔️ |
62% |
100% renewable energy would eliminate all emissions from power plants and 95% of emissions from any electric vehicles charging from the grid |
|
Extensibility |
✔️ |
100% |
|
|
Ease |
✔️ |
|
As easy as signing up for a monthly subscription |
|
Cost |
✔️ |
$20/ton |
|
|
Scale |
✔️ |
|
|
|
Trajectory |
✔️ |
|
Increasing a price on emissions decreases the cost of renewable energy solutions - allowing developing countries to skip the coal phase as their demand for electricity increases. A more global |
Definitions:
Likelihood - how likely is it to work?
Speed - how many tons does it remove each year, starting in the first year, for each unit?
Contribution - how much does this solution impact the US's footprint overall (%)?
Extensibility - how many people could this action be available to (% of US population)?
Cost - how much does it cost per ton of emissions avoided and what is the minimum cost to participate?
Scale - how much of the world's emissions could be mitigated by this solution?
Trajectory - Does this solution have the potential to create new technology that will help other countries avoid the same path as the US (increasing emissions with increasing quality of life)?
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